Defence Sector

Friday, Apr 26, 2024 | Last Update : 05:00 PM IST

Prime Minister Narendra Modi and Home Minister Amit Shah (PTI file photo)

PM Modi meets Shah, Rajnath and Ajit Doval; mulls new drone policy

The new drone policy could include a ban on the use of drones by civilians in many sensitive areas

30 Jun 2021 7:31 AM

Modi’s cabinet committee on security is expected to clear the purchase of 24 MH-60R Seahawk helicopters for the Indian navy in the next two weeks. (Representational Image)

India readying USD 2.6 billion US naval helicopter deal ahead of Trump trip

India’s defence purchases from the United States have reached USD 17 billion since 2007.

11 Feb 2020 12:04 PM

While the country attracted FDI valued around $286 billion in the past five years across sectors, defence and aerospace, which were projected as high potential sectors under ‘Make in India’, could grab only a measly Rs 1,834 crore, according to government data released on Monday.

Defence, aerospace get Rs 1,800 cr FDI in 5 years

The government had also announced two defence corridors-- in Tamil Nadu and Uttar Pradesh.

11 Feb 2020 4:17 AM

Our target is USD 5 billion of defence export in next five years: PM Modi

In 2014 the export of defence equipment from India was about Rs 2,000 cr and in the last 2 years it has gone up to Rs 17,000 cr.

06 Feb 2020 11:21 AM

Indian Army was also forced to cut some expenditures to ensure that it has ammunition for at least 10 days war.

Budget 2020: Blow to defence modernisation

The budget has allocated Rs 32,392 crore to the Indian army for its modernisation plans against Rs 29,666 crore given in the revised budget last year.

02 Feb 2020 7:08 AM

Defence minister Rajnath Singh (Photo: ANI)

Rajnath Singh pushes for private role in defence

Rajnath said the Defence Investor Cell, established a year ago in the ministry, has processed nearly 550 queries and grievances.

10 Aug 2019 3:03 AM

The Modi government has also tied military modernisation to its Make-in-India drive to build a domestic industry which has been slow in taking off. (Photo: PTI)

Modest rise in Indian military spending likely, modernisation on hold

Government allocated 4.31 trillion rupees (USD 62.27 billion) for defence, a 6.6 per cent rise over the previous year.

04 Jul 2019 10:03 AM

Defence Minister Nirmala Sitharaman. (Photo: PTI )

Sitharaman launches vessel, asks defence PSUs to expand market

Many overseas clients have shown an interest in buying from India, says Sitharaman.

21 Feb 2019 1:09 PM

Defence minister invites investors in aero space and other

Sitharaman made a strong pitch for 'Make in India' and referred to a slew of initiatives taken by the government.

20 Feb 2019 10:51 AM

In 2017-18 growth rate of foreign direct investment recorded a five-year low of 3 per cent at USD 44.85 billion.

Defence industries attract USD 0.21 mn FDI during Apr-Sept 2018

Overall, FDI in the country dipped 11 per cent to USD 22.66 billion during April-September this fiscal.

11 Feb 2019 3:35 PM

The manufacturing units will receive 100 per cent exemption on electricity tax on power purchased from the govt. (Photo: AFP | Representational)

Tamil Nadu wants to attract USD 10 bn investment in aerospace, defence sector

The policy document was released by Defence minister Nirmala Sitharaman at the Global Investors Meet.

24 Jan 2019 10:36 AM

Defence procurement happening speedily but with 'due diligence intact': Sitharaman

Sitharaman also urged defence manufacturers to get out of the mindset of looking at the India market alone.

15 Nov 2018 3:54 PM

The Pentagon report further said that it is unclear what message Xi Jinping-led government is trying to convey by sending aircrafts 'beyond a demonstration of improved capabilities.' (Photo: File)

China actively expanding bomber training for US strikes: Pentagon

The report highlighted that China is making effort to increase its global influence by investing heavily in its defence sector.

17 Aug 2018 3:06 PM

United States should work toward mutual security objectives by expanding engagement in multilateral frameworks.

US Congress seeks to strengthen defence partnership with India

United States Congress has passed the USD 716 billion defence spending bill.

02 Aug 2018 9:26 AM

Prime Minister Narendra Modi speaks during the inauguration of the 10th edition of India’s mega defence exhibition “DefExpo 2018” at Tiruvidandhai, on the outskirts of Chennai. (Photo: PTI)

Modi blames UPA ‘paralysis’ for delays in defence sector

The PM emphasised the need for new technologies like artificial intelligence (AI) and robotics.

13 Apr 2018 2:31 AM

The amount for defence pension is an increase of 26.60 per cent over the allocation of Rs 85,740 crore last year. (Photo: Twitter/ANI)

Rs 2.95 lakh crore allocated for defence budget for 2018-19

Outlay for defence budget amounted to 12.10 per cent of the total budget of Rs 24,42,213 crore for 2018-19.

01 Feb 2018 4:18 PM

Finance Minister Arun Jaitley. (Photo: Twitter/ANI)

Govt convinced public in favour of FDI in defence: Jaitley

A lot of joint ventures are coming up for investment in the defence sector.

10 Oct 2017 5:42 PM

Union Home Minister Rajnath Singh addresses at a conference on Role of Defence Public Sector Undertakings and Ordnance Factory Boards in Supporting Central Armed Forces organised by the Department of Defence Production at DRDO Bhavan in New Delhi. (Photo: PTI)

Cut delays in arms supply to CRPF, says Rajnath Singh

The home minister said the armed forces need to equip themselves with latest technologies to deal with the changing security environment.

08 Sep 2017 12:24 AM

Defence Minister Arun Jaitley. (Photo: PTI)

Need to make India defence manufacturing hub: Jaitley

Government has broken away from the restrictive past to achieve the goal of self-reliance in defence.

29 May 2017 9:30 AM

Jaitley hints domestic manufacturing in defense sector

Finance minister said incentives are being worked out so as to cut imports of combat planes, ships and submarines.

09 May 2017 4:37 PM

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Columns

Sunil Gatade

defence sector