Union Cabinet approves MoU between India and European Commission on Semiconductors

The Union Cabinet chaired by the India’s Prime Minister, Shri Narendra Modi was apprised of a Memorandum of Understanding (MoU) signed on 21st November, 2023 between the Government of Republic of India and the European Commission on Working Arrangements on Semiconductors Ecosystems, its supply chain and innovation under the framework of EU-India Trade and Technology Council…

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South American Nations interested in procuring Pinaka multi-barrel rocket launchers from India

In what could be a significant success for indigenous weapon systems, two South American countries have shown interest in the DRDO developed indigenous Pinaka multi-barrel rocket launchers. The Defence Research and Development Organisation (DRDO), the premier R&D organization of the country, is also developing rockets that would be able to strike targets at 120 km…

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BEL receives Rs 695 Cr order for supply of missile systems spares from Mazagon Dock

Bharat Electronics Limited (BEL), one of the 16 Defence Public Sector Units (DPSUs) under India’s Ministry of Defence, has received an order from Mazagon Dock Shipbuilders worth Rs 695 Crore for supply of spares related to missile systems. Besides, the company has also received additional orders worth Rs.339.31 Crore since the last disclosure on 26th…

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PM Modi to inaugurate new state-of-the-art Boeing India Engineering & Technology Center in Bengaluru

Prime Minister Namrender Modi will be visiting Bengaluru on 19th January 2024 to inaugurate the new state-of-the-art Boeing India Engineering & Technology Center (BIETC) campus in Bengaluru. B Built with an investment of Rs. 1,600 crores, the 43-acre campus is Boeing’s largest such investment outside the USA. Boeing’s new campus in India will become a…

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Union Minister of Civil Aviation inaugurates New Flight Routes connecting Gwalior to Bengaluru, Delhi and Ayodhya

The Indian Minister of Civil Aviation and Steel, Shri Jyotiraditya M Scindia, along with Chief Minister of Madhya Pradesh, Shri Mohan Yadav flagged off the inaugural flights on three key routes from Gwalior, marking a significant milestone in enhancing air connectivity across the country. Expressing his enthusiasm, Minister of Civil Aviation and Steel, Shri Jyotiraditya…

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Rheinmetall bags order for 30mm Puma IFV ammunition from German Bundeswehr

The German Bundeswehr has contracted with Rheinmetall to produce and supply medium-calibre ammunition for the Puma IFV (Infantry Fighting Vehicle). A call-off from an existing framework agreement, the order encompasses several hundred thousand rounds of 30mm x 173 DM21 service ammunition. The order is worth over €350 million ($350 Mn), including value added tax. Once…

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European Commission launches Land Tactical Collaborative Combat Project

The European Commission signed a Grant Agreement to launch the LATACC project (Land Tactical Collaborative Combat) coordinated by Thales to improve the collaborative capabilities of European coalition forces. The LATACC project brings together 34 industry players and research institutes (including core team members Thales, Rheinmetall, Leonardo, Indra, Saab, ISD and John Cockerill Defense) from 13…

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