India committed to freedom of navigation, overflight & unimpeded lawful commerce in international waters: Shri Rajnath Singh at 10th ASEAN Defence Ministers’ Meeting-Plus in Indonesia

The Indian Defence Minister Shri Rajnath Singh attended the 10th ASEAN Defence Ministers’ Meeting – Plus (ADMM-Plus) in Jakarta, Indonesia on November 16, 2023. In his address, he affirmed the ASEAN centrality and appreciated its role in promoting dialogue & consensus in the region. Further, he also reiterated India’s commitment to freedom of navigation, overflight and…

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2023 Indo-Pacific Regional Dialogue: Day 2 Highlights

The Indo-Pacific Regional Dialogue 2023 (IPRD-2023), the annual apex-level regional strategic dialogue of the Indian Navy, continued today in New Delhi.  The three-day conference is being conducted from 15 November 2023 to 17 November 2023. The theme of the two professional sessions on the second day was “Maritime Connectivity through Shipping and Trade”.  The day’s…

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Saab approved for 100% ownership of Carl-Gustaf manufacturing facility in India

Saab has secured approval from Indian authorities for 100% Foreign Direct Investment (FDI) for manufacturing the shoulder launched Carl-Gustaf weapon system in India. This is a milestone in Saab’s progress towards the establishment of a new manufacturing facility in India which will produce the latest generation of the Carl-Gustaf shoulder-launched weapon. Further, Saab will be…

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Rheinmetall to supply Ukraine with 32 Leopard 1 systems on behalf of German Govt.

The Ukrainian government has awarded Rheinmetall a contract for Leopard 1 systems, including 25 main battle tanks Leopard 1A5, five armoured recovery vehicles (Bergepanzer 2) and two driver training tanks. Noteworthy, the order, financed by Germany and worth a figure in the upper-two-digit million-euro range, also includes training, logistics, spare parts, maintenance and other support…

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War with Hamas to cost Israel above $50 Bn

Israel’s war with Hamas in the Gaza Strip will cost as much as 200 billion shekels ($51 billion), the Calcalist financial newspaper reported, citing preliminary Finance Ministry figures. Further, the Calcalist financial newspaper said the estimate, equal to 10% of gross domestic product, was premised on the war lasting between eight to 12 months; on…

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