Govt of India has formulated a draft Defence Production Policy 2018 to promote domestic production by public sector, private sector and MSMEs and has asked the Industry to comment and send response by 30 -March-2018.
http://ddpmod.gov.in/sites/default/files/Draft%20Defence%20Production%20Policy%202018%20-%20for%20website.pdf...Indo-French cooperation
India and France have inked almost 14 pacts covering nuclear energy, defence production, maritime security, space and education. The two countries agreed to reciprocal logistics support between both armed forces including the navies — now, Indian and French forces would be able to access each other’s ports and bases in the Indian Ocean...
IAF intends to Buy S-400 Air Defense System
The Indian Air Force intends to buy five firing units of the Russian S-400 Long-Range Surface-To-Air Missile System by the year 2022. If the anticipated deal with Russia is finalized, it would be one of the biggest arms contracts India has ever had with Russia.
https://sputniknews.com/military/201803161062600094-iaf-wants-russian-defense-system/...Financial Powers; Vice Chiefs in Revenue Procurement
The MoD has enhanced the financial powers of the Vice Chiefs of three services, in revenue procurement for cases under 'Single Tender Enquiry' (STE) and the Proprietary Article Certificate (PAC) categories with a cap of Rs 50 crore for the PAC and Rs 5 crore for STE procurement.
https://economictimes.indiatimes.com/articleshow/63305768.cms?utm_source=newsletter&utm_medium=email&utm_campaign=IACC&type=iaccnewsletter&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst...Licenses Issued by DIPP
The India’s Department of Industrial Policy & Promotion (DIPP) has issued 348 licenses to 210 Indian Companies for manufacture of various licensable defence items, till February 2018. However, the number of licenses issued till June-2017 were 342 (Industrial Licenses) to 205 Indian Companies. Apart from this, this year one manufacturing license has also...
India’s FICV Program
India’s Production Board is yet to take a decision on the much-delayed Rs 60,000-crore Future Infantry Combat Vehicle (FICV) project which is aimed at replacing an ageing Soviet-era fleet. Five private entities led by L&T, Mahindra, Reliance Defence, Tata Motors and TPSED have bid for the contract.
https://economictimes.indiatimes.com/news/defence/defence-production-board-yet-to-take-call-on-rs-60000-crore-combat-vehicle-project/articleshow/63278018.cms...Boeing’s Super Hornet
Boeing's Super Hornet is likely to be the finalist for the Indian Navy’s (IN) $8 - $9 billion contract for 57 fighters. Additionally, most likely Indian Air Force (IAF) may now also consider the same plane for its requirement for 100 twin-engine planes. Earlier, the IAF issued RFI for single-engine aircraft but later...
IAF Plans to Buy More Tejas Aircrafts
Indian Air Force (IAF) expected to have total 324 numbers of HAL build Tejas Light Combat Aircraft (LCA), over the period of time. IAF has already ordered 123 of the planes and plans to order 201 more upgraded variants to arrest a sharp decline in its combat capabilities. However, till date HAL has...
India – The Largest Importer
India is again the world’s largest importer of major weapons between 2013 and 2017, it’s accounted for 12 per cent of the total arms transfers in the world, according to SIPRI. The imports have increased by 24 per cent over the last 10 years. Russia remained India’s largest supplier of arms during this...
Army’s QR-SAM Requirement
India’s DRDO will work on the Indian Army’s requirement for Quick Reaction Air Defence System (QR-SAM) and will complete the programme within the 48-month time. The Indian Army is looking to acquire total eight regiments of Quick Reaction-Surface to Air Missiles (QR-SAMs) for taking down targets at around 20 kms for the Army...