The report of the task force on selection of Strategic Partners chaired by Dr VK Aatre has been recently uploaded on MoD website. However, MoD is yet to take a formal view in this matter.
Source: http://www.mod.nic.in/writereaddata/UPload.pdf...IAF brings out 10-year modernisation plan
Indian Air Force (IAF) has recently bought out its Indigenisation Roadmap (2016-2025) and is set to share it with the private sector. The plan is to share details of its requirements to enable private sector players to set up manufacturing facilities and replace imports. The report includes details from aircraft tyres to rotor...
India keen to produce medium multi-role jets in India
India is keen on manufacturing a second line of fighters besides LCA Tejas, and most likely in the next six month, it will begin the process of deciding which foreign manufacturer will make the jets in India. The second line of fighters will be in the category of the medium multi-role combat aircraft....
Russia to supply weaponry for INS Vikrant
India’s Vikrant-class aircraft carrier currently under construction, is likely to get air defence systems and other equipment from Russia. Currently, about 83% of the fabrication work and 75% of the construction work of INS Vikrant has been completed and it is now set to go for extensive trials in 2016 before being inducted...
OIS-AT and Sagem MoU for AASM Hammer Glide and Guidance Kit
India’s OIS Advanced Technology (OIS-AT) and Sagem (Safran) of France have entered into a MoU for joint development and manufacturing of Sagem’s AASM Hammer Bomb Guidance and Glide Kit in India. The AASM Hammer has been extensively proven in combat, and the version that will be manufactured in India will be customized to...
Govt likely to allow over 49% FDI in defence
The Indian Government is working on FDI norms for defence production, where foreign investment more than 49% would be allowed. Earlier investment up to 49% would be allowed via the automatic route and a higher stake would be permitted on a case-to-case basis if a state-of-the-art product was being brought in with access...
Rafale Deal
The 36 Rafale fighter jets contract for the Indian Air Force (IAF) worth $8.8 Billion is in final stage and is expected to be signed within 3-4 weeks with 50 percent offset obligation. The first delivery of the jet will take at least 18 months.
Source:http://www.ndtv.com/india-news/rafale-jet-deal-finalised-by-india-and-france-for-7-8-billion-euros-1395958...Private shipyards in Naval MRO
The private domestic shipyards would now start bagging contracts to repair warships that belong to the Indian Navy. This was stated by the Defence Minister ShParikar at the Maritime India Summit 2016. Presently, naval dockyards and DPSU in shipbuilding are loaded with the fleet's upkeep and maintenance task and need to offset their...
Govt to help Indian MSMEs to compete globally
Indian Government has decided to carry out hand-holding exercise for over 4,000 Micro Small and Medium Enterprises (MSMEs) enterprises to boost the “Make in India” initiative and making them to compete globally in defence sector. The idea is to implement zero-effect and zero-defect (ZED) excellence system in the Indian MSMEs sector. With India...
HAL and Saab likely to Collaborate for upgrade Tejas
HAL is in talks with Sweden company Saab, makers of single engine Gripen fighter planes, to collaborate on the upgraded version of the indigenously developed LCA 'Tejas'. India needs about 300 aircraft of the Light Combat Aircraft (LCA) type. The IAF currently plans to acquire 120 Tejas aircraft, with 100 of these having...