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Monthly Archives: December 2015

Reliance Seeking 16 more Defence Manufacturing Licences

India’s Reliance Group has applied for another 16 licenses in areas ranging from missiles to radar in India. Previously, the company had applied for licenses for the manufacturing of aircraft, chopper and have got conditional approval to 11 proposals of eight subsidiaries of Reliance Infra from the DIPP. Reliance Defence also has strategic...

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India signed 182 contracts in last three years

India has signed 182 contracts in the last three years with domestic and foreign vendors for the procurement of defence equipments for the three armed services. Out of which 62 contracts were signed for the Navy, 79 for Army and 41 contracts were signed for the Air Force. The defence equipment included ships,...

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Bharat Forge to set up Rs. 500 Crores defence facility

Bharat Forge will be investing about Rs 500 Crores on a defence systems facility in Telangana with a joint venture partner. The company is expected to be applying for around 40 acres of land. Of this, 10 acres will be provided at the Adibatla aerospace and precision engineer park and the rest will...

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Dassault may manufacture Rafale fighter aircraft in India

Dassault is looking to manufacture Rafale fighter jets in India. It is most likely to set up a production centre for the Rafale fighter aircraft as well as a low-cost executive jet in India, besides sharing vital aircraft technology for the indigenous Tejas project. A partnership for transfer of technology and production could...

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Lumax Auto JV with Italy’s SIPAL S.p.A

Lumax Auto Technologies has entered into a joint venture with SIPAL S.p.A of Italy. As per the JV agreement, Lumax will hold 51 percent equity with management control over JV and SIPAL will hold 49 percent equity in new JV company Lumax SIPAL Engineering Private limited. The proposed JV is expected to become operational in...
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Successful Test of Barak-8

The Barak Surface-To-Air Missile (SAM) system which is being jointly developed by Israeli Aerospace Industries, Rafael and DRDO was successfully tested for the first time from an Israeli warship against a drone. This is the first operational intercept test, to be followed by a final development test conducted jointly by Israel Aerospace Industries...

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Aerospace & Defence Parks in Hydrabad

Telangana Govt is proposing to set up three more A & D parks on the outskirts of the Hyderabad city over the next four years with an investment of Rs 2,500 Crores. The Govt is expected to soon come out with a sector-specific policy in this regards. As of now, 500 acres has...

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