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New DRDO Procurement Manual 2020 encourages participation of MSMEs, start-ups

The new DRDO Procurement Manual will facilitate the indigenous defence industry by simplifying the processes and ensure their participation in design and development activities.Read more

IPF Buyer-Seller Summit: Fulfilling Make in India goals

The virtual Summit - which saw participations from Defence Investor Sell (MoD), SAIL, Hindustan Aeronautics Ltd, Godrej & Boyce and Vedanta Aluminium - enlightened vendors about procurement strategies of big buyers and help MSMEs be part of their supply-chain.Read more

GeM has potential to reach Rs 5-7 trillion in GMV: Talleen Kumar

In this interview with Rakesh Rao, Talleen Kumar, IAS, CEO of Government e-Marketplace (GeM), which has annual sales of over Rs 630 billion in gross merchandise value (GMV), explains how GeM is making public procurement more transparent & efficient leading to creation of a vibrant buyer-seller ecosystemRead more

MoD inks Rs 2,580-cr contract with BEML, Tata Power and L&T for Pinaka missile systems

These six Pinaka Regiments comprise 114 launchers with automated gun aiming and positioning system (AGAPS) and 45 command posts to be procured from Tata Power and L&T and 330 vehicles to be procured from Bharat Earth Movers Ltd (BEML)Read more

SLR Metaliks invest Rs 60-70 crore to raise alloy steel manufacturing capacity

Despite COVID 19, the company - one of the leading suppliers of alloy steel to automotive and other industries - has increased the capacity from 0.3 million tonne to 0.4 million tonnes. While SLR Metaliks is pinning hopes on automotive industry’s revival, it is also holding talks with DRDO for suppling alloy steelRead more

Complete list of 101 defence items selected for progressive import ban

Ministry of Defence's import embargo on 101 items - that include simple parts as well as some high technology weapon systems - is expected to offer a huge opportunity of about Rs 4,000 billion to the Indian defence industry within the next five to seven years.Read more

Defence Ministry’s import embargo to open up Rs 4,000 bn opportunity for domestic industry

The list of 101 embargoed items comprises of not just simple parts but also some high technology weapon systems. Of these, items worth almost Rs 1,300 bn each are anticipated for the Army and the Air Force while items worth almost Rs 1,400 bn are anticipated by the Navy. Read more

Godrej & Boyce eyes growth in precision engineered equipment segment

Godrej Precision Engineering delivered the Fueling Machine Bridge & Carriage for Kakrapar Atomic Power Plant-3 which are installed in the critical zone of the nuclear power reactor.Read more

Getac’s launches 5G-Compatible B360 laptop for manufacturing & defence sectors

B360 runs on the 10th Generation Intel Core Processor, making it the fastest fully rugged laptop on the market, capable of running large numbers of applications simultaneously Read more

Hempel’s new Hempaguard MaX system with three layer fouling defence mechanism

Hempel’s new three-coat system helps easy application and also reduces docktime of the ship compared to competitors.Read more

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