Defence Ministry Embarks On Major Overhaul of Procurement Rules To Accelerate Acquisitions And Empower Private Sector

The Ministry of Defence (MoD) has launched a comprehensive review of its procurement procedures, aiming to streamline acquisition timelines and foster a more business-friendly environment for the private sector.This strategic initiative, spearheaded by Defence Minister Rajnath Singh, underscores the government’s commitment to strengthening India’s defence manufacturing ecosystem and enhancing

June 21, 2025
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Indian Defence Delegation Meets French Officials In Paris; Rafale Marine Program Formally Launched

A high-level Indian defence delegation, led by Joint Secretary and Acquisition Manager (Maritime Systems) Dinesh Kumar, met with French defence officials at the Paris Air Show, marking a pivotal moment in India-France defence cooperation.The French side was headed by Lt Gen Gael Diaz De Tuesta, Director General of Armament. This meeting officially launched the Rafale Marine program, a significant

June 21, 2025
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Defence Reform 2.0: India Initiates For A Modern, Self-Reliant Military Through Comprehensive Overhaul of Defence Acquisition Process

The Ministry of Defence (MoD) has launched a sweeping review of the Defence Acquisition Procedure (DAP) 2020, marking a decisive shift in India’s approach to military procurement and modernisation.This initiative, spearheaded by a high-level committee chaired by the Director General (Acquisition) and steered by former IAS officer Apurva Chandra as Principal Advisor, is set to streamline and

June 20, 2025
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SAIL Supplied Entire Requirement of Special Steel For Indian Navy’s INS Arnala

Maharatna company, Steel Authority of India Limited (SAIL), the largest steelmaking Public Sector Undertaking, has taken a step forward towards the country’s self-reliance in the defence sector and import substitution.SAIL supplied the entire requirement of special steel for India’s first indigenously designed and built Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), ‘INS Arnala’, which was

June 19, 2025
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India’s Defence Sector To See Revenue Growth of 15-17% In This Fiscal Year: ICRA

India’s defence sector is projected to experience robust revenue growth of 15-17% in FY2026, according to a report by the Investment Information and Credit Rating Agency (ICRA).This surge is primarily attributed to strong execution progress, underpinned by a healthy order book and an order book to operating income (OB/OI) ratio of 4.4 times at the end of FY2025.Entities across the entire spectrum

June 18, 2025
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