Govt Approves To 45 Companies/JVs Operating In Defence Sector With Foreign OEMs

New Delhi: The government has given approval to "45 companies/joint ventures" operating in the defence sector with foreign OEMs (original equipment manufacturers), the Parliament was informed on Friday.Minister of State for Defence Ajay Bhatt said this in written response to a query in the Lok Sabha."The government has given approval to 45 companies/JVs operating in defence sector with foreign

March 24, 2023
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Not Just Production, Self-Reliance Should Cover Design, Development: IAF Chief

The government has taken a raft of measures during the last three years to promote self-reliance. As the country sharpens its focus on achieving self-reliance in defence, Indian Air Force chief Air Chief Marshal VR Chaudhari on Tuesday stressed that Atmanirbharta should not be confined only to production, but also encompass design and development; even as he called for building offensive and

March 22, 2023
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India’s Defence Exports Cross $1.5 Billion As Indigenous Items Give It An Edge

The data states total defence export value stands at Rs.13,000 crores or $1.5 billion as of 6 March, 2023. India has an ambitious target of achieving $5 billion in annual defence export by 2024-25.In alignment with India’s ambitious goal to significantly accelerate the production of defence equipment indigenously, the defence export in the country as per latest data has crossed Rs 13000 crores or

March 22, 2023
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