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Sig Sauer to manufacture 73,000 assault rifles by 2025 for the Indian Army
Sig Sauer also plans to increase the proportion of locally manufactured components, integrating more Indian technology and materials into its products.Read more
India needs to strengthen ammunition sector to become defence manufacturing hub
In 2023, the global ammunition market was valued at approximately Rs 1.293 trillion, with heavy-calibre ammunition making up 53.48% of the demand. 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
Govt adds 101 items to list of defence equipment to be procured locally
As per preliminary estimates, more than Rs 175,000 crore worth orders would be placed on Indian industry in the next 5-10 years. Fourth Positive Indigenisation List, released during Def Expo 2022, includes 101 defence items such as highly complex systems, sensors, weapons, ammunitions, etc.Read more