IAF chief to review aircraft projects in Russia
August 9th, 2012 - 8:39 pm ICT by IANS
New Delhi, Aug 9 (IANS) The Indian Air Force chief, Air Chief Marshal N.A.K. Browne, will be in Russia for three days beginning Friday to review the joint projects ... Read more...
Posted in Uncategorized |
India verifying if US sold ‘faulty’ defence equipment
August 8th, 2012 - 7:21 pm ICT by IANS
New Delhi, Aug 8 (IANS) India Wednesday said it was verifying if "faulty spare parts made in China" were used in defence equipment being sold by the US to it. ... Read more...
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Raise FDI limit to boost defence trade: US think tank
July 18th, 2012 - 1:05 pm ICT by IANS
Washington, July 18 (IANS) A US think tank has suggested that India should raise the limit of foreign direct investment from 26 percent to over 50 percent in order to ... Read more...
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Agni-V, Risat launches UPA achievements: PM (Lead)
May 22nd, 2012 - 10:46 pm ICT by IANS
New Delhi, May 22 (IANS) Prime Minister Manmohan Singh Tuesday lauded the test of Agni-V missile that can hit targets as far as China's Beijing and the launch of ... Read more...
Posted in Politics |
‘Revised defence offsets policy will encourage Indian SME sector’
May 8th, 2012 - 9:12 pm ICT by IANS
Chennai, May 8 (IANS) A major portion of the defence offsets opportunity for Indian companies is in the areas of engineering outsourcing, maintenance, repair and overhaul, with the revised policy ... Read more...
Posted in Business |
Blacklisted Israel Military Industries moves Delhi High Court
May 6th, 2012 - 8:15 pm ICT by IANS
New Delhi, May 6 (IANS) The Delhi High Court has issued notice to the defence ministry and the Ordnance Factory Board (OFB) on a plea by the Israel Military ... Read more...
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Hyderabad airport aiming to become a cargo hub
April 12th, 2012 - 10:10 pm ICT by IANS
Hyderabad, April 12 (IANS) With Thai Airways commencing its Bangkok-Hyderabad-Frankfurt cargo freighter service, Lufthansa already operating four freighter services a week and others expressing keenness to connect, Hyderabad ... Read more...
Posted in Business |
Britain, Japan agree on joint arms project
April 10th, 2012 - 10:00 pm ICT by IANS
Tokyo, April 10 (IANS) Visiting British Prime Minister David Cameron and his Japanese counterpart Yoshihiko Noda Tuesday agreed to jointly develop military equipment.During Cameron's brief trip to Japan, both ... Read more...
Posted in World |
Antony should quit: Achuthanandan
March 30th, 2012 - 9:51 pm ICT by IANS
Thiruvananthapuram, March 30 (IANS) Leader of opposition and veteran CPI-M leader V.S. Achuthanandan Friday said Defence Minister A.K. Antony should resign in the wake of "the biggest ever scams" that ... Read more...
Posted in Politics |
Arms suppliers cashing on offset clause face challenges
March 17th, 2012 - 11:01 pm ICT by IANS
Chennai, March 17 (IANS) While the $10 billion order to French company Dassault to supply 126 fighter planes is expected to generate around $5 billion worth of business for Indian ... Read more...
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Dependence on defence imports risky for India: Experts
March 17th, 2012 - 7:55 pm ICT by IANS
Chennai, March 17 (IANS) As much as 70 percent dependence on imports for weapons and other defence equipment even 65 years after independence is a risky proposition for India and ... Read more...
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India-US relations not aimed at China: Antony
February 17th, 2012 - 5:33 pm ICT by IANS
New Delhi, Feb 17 (IANS) India Friday dismissed suggestions that its growing relations with the US were aimed at countering China, saying its armed forces were being strengthened primarily to ... Read more...
Posted in Business |
Small enterprises can collaborate in defence sector: Former army chief
February 3rd, 2012 - 12:45 am ICT by IANS
Kolkata, Feb 2 (IANS) Stating that India lacked the industrial capability to manufacture high-end and high-tech equipment for defence requirements, a former army chief Thursday called for enhanced collaboration among ... Read more...
Posted in Business |
$2 bn aerospace, defence exports by India in 2011-12: Assocham
January 27th, 2012 - 4:25 pm ICT by IANS
New Delhi, Jan 27 (IANS) India's aerospace and defence exports are likely to clock $2 billion in fiscal 2011-12 to March 31, industry lobby Assocham says.
With about 18 percent ... Read more...
Posted in Business |
Russia outlines defence spending
January 25th, 2012 - 5:13 am ICT by IANS
Moscow, Jan 25 (IANS) The Russian military will sign about 2,000 contracts for defence purchases in 2012, the defence ministry said Tuesday.Russia has prepaid some 60 billion rubles (about $2 ... Read more...
Posted in World |
India spent $7 bn on army procurements since 2007
December 21st, 2011 - 10:59 pm ICT by IANS
New Delhi, Dec 21 (IANS) India spent a total of Rs.34,517 crore (nearly $7 billion) on army procurements in the four years since 2007, the parliament was informed Wednesday.Defence Minister ... Read more...
Posted in Business |
FTA will bolster India-Israel trade: Envoy
December 7th, 2011 - 10:12 pm ICT by IANS
New Delhi, Dec 7 (IANS) Bilateral trade between India and Israel is likely to grow to $15 billion from the present $5 billion if the two sides agree to sign ... Read more...
Posted in Business |
India offers value proposition to US business: Envoy
November 15th, 2011 - 11:57 am ICT by IANS
Washington, Nov 15 (IANS) Highlighting the synergies of Indian and US businesses, Indian ambassador Nirupama Rao has said their partnerships have contributed immensely to the growth the knowledge economy sectors ... Read more...
Posted in Business |
Innovation in defence sector below par: Antony
November 14th, 2011 - 9:36 pm ICT by IANS
New Delhi, Nov 14 (IANS) Calling upon India's defence public sector undertakings and ordnance factories to invest in research and development, Defence Minister A.K. Antony Monday expressed displeasure over their ... Read more...
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Russia to showcase its best combat aircraft in Dubai
November 12th, 2011 - 11:01 am ICT by IANS
Moscow, Nov 12 (IANS/RIA Novosti) Russia will showcase its most advanced combat aircraft and air defence systems at a major airshow in Dubai that starts Sunday, state-run arms exporter Rosoboronexport ... Read more...
Posted in Business |
US hopes India will pick its military choppers
November 11th, 2011 - 8:03 pm ICT by IANS
Washington, Nov 11 (IANS) After losing out to European competitors in the deal to supply India 126 multi-role combat jets, the United States has evinced strong interest in participating ... Read more...
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France world’s fourth largest arms exporter
October 27th, 2011 - 8:10 am ICT by IANS
Paris, Oct 27 (IANS) France remained as the fourth largest exporter of defence equipment in 2010, with orders totalling 5.12 billion euros (about $7.12 billion), while the US is still ... Read more...
Posted in World |
‘Relying on imports for critical defence needs a concern’
October 18th, 2011 - 5:10 pm ICT by IANS
New Delhi, Oct 18 (IANS) With imports accounting for 70 percent of the hardware in the inventory of the armed forces, the government said Tuesday this was a matter of ... Read more...
Posted in Business |
Antony flags delays in Russian defence supplies
October 5th, 2011 - 5:33 pm ICT by IANS
Moscow, Oct 5 (IANS) India has once again flagged delays in the supply of defence equipment and spares by Russia at the annual meeting of their defence ministers, apart from ... Read more...
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India building six submarines
August 10th, 2011 - 8:30 pm ICT by IANS
New Delhi, Aug 10 (IANS) Six submarines are being built at the Mazagon Docks to increase India's submarine fleet, Defence Minister A.K. Antony said Wednesday."In addition, the existing anti-submarine capability ... Read more...
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High-tech trade: India urges US to focus on R&D;, design (Lead)
July 11th, 2011 - 5:28 pm ICT by IANS
New Delhi, July 11 (IANS) India Monday said its high-technology cooperation with the US has "underperformed" in commercial sectors, and called for increased focus on research and development, design, joint ... Read more...
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Mozambican defence minister to visit India
June 24th, 2011 - 10:24 pm ICT by IANS
New Delhi, June 24 (IANS) To explore opportunities to expand military relations, Mozambican Defence Minister Filipe Jacinto Nyussi will be in India on a five-day visit beginning Monday, when the ... Read more...
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Britain receives its largest military aircraft
April 19th, 2011 - 8:28 am ICT by IANS
London, April 19 (IANS) Britain's largest military aircraft, which is nearly 60 metres long and has a wingspan of 60 metres, arrived in the country from Madrid to undergo intensive ... Read more...
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18 per cent increase in Pakistan’s defence budget approved
April 8th, 2011 - 2:45 pm ICT by ANI
Islamabad, April 8(ANI): Pakistan's National Assembly Committee on Defence has approved the proposal for an 18 per cent hike in the country's defence budget for the next fiscal year.With this raise, the ... Read more...
Posted in South Asia |
Defence cooperation is key facet of India-US partnership
March 10th, 2011 - 12:34 pm ICT by IANS
Washington, March 10 (IANS) India and the US have reaffirmed that bilateral defence cooperation is an important facet of the overall India-US strategic partnership.The reaffirmation was made at the eleventh ... Read more...
Posted in World |
First Scorpene submarine delivery in 2015: Antony
February 23rd, 2011 - 10:45 pm ICT by IANS
New Delhi, Feb 23 (IANS) The Indian Navy will get delivery of the first of its six Scorpene submarines in 2015, a three-year delay from the original schedule of 2012, the Rajya ... Read more...
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India to focus on expanding ties with France: Mukherjee
February 19th, 2011 - 12:48 pm ICT by ANI
Paris, Feb 19 (ANI): India's Finance Minister Pranab Mukherjee has said that his meeting with his French counterpart Christine Lagarde were quite satisfactory and India would focus on expanding ties with ... Read more...
Posted in World |
US companies operating in India awarded
February 8th, 2011 - 8:50 pm ICT by IANS
New Delhi, Feb 8 (IANS) US Commerce Secretary Gary Locke Tuesday awarded certificates of appreciation to American companies operating in India for supporting President Barack Obama's National Export Initiative. The special ... Read more...
Posted in Business |
New defence policy to focus on domestic industry, self-reliance
January 13th, 2011 - 10:23 pm ICT by IANS
New Delhi, Jan 13 (IANS) India Thursday unveiled its first-ever Defence Production Policy aiming to give an edge to domestic industry in manufacturing of weapons for its armed forces and cut down ... Read more...
Posted in Business |
India’s new defence production policy to end dependence on foreign arms suppliers
January 13th, 2011 - 7:34 pm ICT by ANI
By Praful Kumar SinghNew Delhi, Jan 13 (ANI): To become self reliant in the production of defence equipment, weapon systems and platforms, and to reduce its dependence on foreign arms manufacturers, India ... Read more...
Posted in National |