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Monthly Archives: March 2020

UP Govt. signs 23 MoUs worth Rs 50000 Cr.

Uttar Pradesh (UP) Government has signed 23 MoUs envisaging Rs 50000 Crores investment in the Defence Corridor set up in the state which would generate 3 lakh job opportunities. DRDO has signed a technological partnership agreement with the state government, imparting skill training, hand-holding and providing guidance in all aspects related to technology.

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DefExpo 2020: Over 200 MoUS, ToTs & Products Launched

Over 200 partnerships involving signing of MoUs, transfer of technology and product launches took place during DefExpo-2020. The pacts aimed at forging and renewing partnerships for innovative collaboration and transformation of defence manufacturing in the country were inked by representatives of various defence PSUs, Indian private and foreign companies. This year, DefExpo witnessed...

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Army Base Workshops – GOCO Model

The proposal for brining 8 Army Base Workshops that repair and overhaul equipment from Guns and Vehicles to Tanks and Helicopters under Government-Owned Contractor-Operated (GOCO) model is facing resistance from its officials.  Price Waterhouse Coopers, which was a consultant and attract private players for the project, has submitted a report to the Army.

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Defence Exports

The Defence Exports rose from Rs 1521 Crores in 2016-17 to Rs 4500 Crores in 2017-18 to Rs 10745 Crores in 2018-19, witnessing an increase of seven-fold in the last two years. For the current fiscal, the Government has set a target of Rs 20000 Crores and Rs 35000 Crores by 2024-25. At...

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CAG Report on Procurement Delays and Quality

The Comptroller and Auditor General (CAG) of India has pulled up the Army for delays in the procurement of snow goggles, multipurpose boots and other High-Altitude Clothing and Equipment (HACE) essential for troops posted in areas such as Ladakh and Siachen. The report also flagged a shortage of 750 snow goggles on account...

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FDI in Defence

India's Defence industry received Foreign Direct Investment (FDI) of USD 8.82 Million (Rs 51.93 Crores) during April 2000 and December 2019. In 2018-19, FDI in the sector was aggregated at USD 2.18 Million. Mauritius, Singapore, Japan, Netherlands and the US are some of the top countries from where India attracted maximum FDI during...

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DAC Approves indigenous EW Systems

The Defence Acquistion Council (DAC) approved procurement of equipment worth over Rs 5100 Crores including 'Electronic Warfare (EW) Systems' for the Army developed by Defence Research and Development Organization (DRDO) and manufactured locally by the Indian industry. The DAC also approved prototype testing of trawl assemblies designed by DRDO for T-72 and T-90...

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Naval Aviation Indigenization Road Map (2019-22)

The Indian Navy has come up with the latest edition of its ‘Naval Aviation Indigenization Road’ (NAIR) for a three-year period from 2019 till 2022. The document encompasses approximately 575 items of flight and non-flight critical nature with their quantity required of flight and non-flight critical nature for its aviation assets including the...

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India-US Defence Relations

India and the US have agreed to work towards an early conclusion of the fourth and final bilateral foundational military pact called the ‘Basic Exchange and Cooperation Agreement’ for Geo-Spatial Cooperation (BECA) during the US President Donald Trump visit to India in Feb 2020. The BECA will enable the US to share advanced...

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