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India advances military and space ambitions with major orders in September
A key highlight was the Defence Acquisition Council (DAC) approving 10 capital acquisition proposals worth Rs 145 billion, including the procurement of Future-Ready Combat Vehicles (FRCVs) to enhance the Army's mobility and firepower.Read more
India-France enhance aerospace partnership with MoU for bilateral cooperation
Currently, over 60 GIFAS member companies operate in India, with more than 30 industrial sites established across the country. Read more
Indian defence market set for 14% annual growth amid government indigenisation
The market opportunity for Indian defence companies is estimated to range between $90-100 billion over the next 5-6 years, with an annual growth rate of approximately 13% during this period.Read more
India’s defence exports rise 14 times from FY16 to over Rs 210 billion
Initiatives such as ‘Make in India’ and ‘Atmanirbhar Bharat’ have fostered a robust defence manufacturing ecosystem. Read more
India to build small arms manufacturing unit in Sri Lanka; defence collaboration
Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.Read more
BDL and MBDA to assemble, integrate and test ASRAAM in Telangana
MBDA will assist BDL to set up a facility within its manufacturing complex in Bhanur, Telangana, to provide assembly, integration, testing and maintenance of MBDA’s CAMM missile. The operations will commence in 2022-23.Read more
Sanjay Jaju: Urge Israeli companies to invest in Indian defence corridors
SIBAT, MoD, Israel, believed that the key to success in these times is enhancing the coordination and joint activities between the defence ministries of the two countries.Read more
Indian govt notifies second list of 108 defence equipment for indigenisation
The second list lays special focus on weapons/systems which are currently under development/trials and are likely to translate into firm orders in the future. In August 2020, the ‘First Positive Indigenisation’ List comprising 101 items was notified by the Union Ministry of DefenceRead more