The recently tabled report by Parliamentary Standing Committee on Defence has stated that the Government should not further delay the procurement of additional fighter jets due to the continuous delays in the procurement of fighter jets, thereby leading to depleting of the desired number of squadrons with the Indian Air Force. The committee also stated…
An Article by Kavita Nagpal In India, the digital transformation in the defence sector still has a long way to go. On an average, companies in defence sector by implementing the nine elements of Industry 4.0 are expected to reduce operational costs by 3.6%, while increasing efficiency by 4.1% annually. The Author throws the light…
Under Technology Development Fund (TDF) scheme, the Ministry of Defence has sanctioned around 68 projects worth Rs 287.40 Crores till date; out of which DRDO’s share is Rs 250.12 Crores. Besides, a total fund of Rs 58.87 Crores out of the DRDO share of Rs 250.12 crore have been released. The state-wise details are given…
Up to 28 February 2023, the Ministry of Defence has provided grants/funds to about 139 iDEX winners. The Services, after successful trials, have placed supply orders on three iDEX winners. Moreover, the Ministry has also accorded Acceptance of Necessity (AoN) for 13 more iDEX products. Innovations for Defence Excellence (iDEX) framework was launched by the…
Bharat Electronics Ltd (BEL), a Navratna Defence PSU, presented the second interim dividend cheque of Rs. 224,27,53,160.40/- to the Defence Minister Rajnath Singh today on March 27, 2023. BEL has declared 60% percent as Second Interim Dividend (Rs. 0.60/- per share) to its shareholders for the financial year 2022 – 23. This is the 20th…
The Defence Research & Development Organization (DRDO) undertakes design and development of products for use by Indian Armed Forces. After successful product trial and evaluation, the technology of the same is transferred to Indian industries for mass production by signing a Licensing Agreement for Transfer of Technology (LATOT). The current DRDO policy for Transfer of…
The Indian Space Research Organisation (ISRO) has successfully launched India’s largest Launch Vehicle Mark-III (LVM3) rocket/OneWeb India-2 Mission with all 36 satellites of UK-based OneWeb group company injected / deployed into intended orbits from Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. About LVM3-M2 mission The LVM3-M2 mission is a dedicated commercial mission for a…
The Indian Ministry of Defence (MoD) has signed a contract with Bharat Electronics Limited (BEL), Hyderabad for procurement of two Integrated Electronic Warfare Systems – ‘Project Himshakti’ – at an overall cost of approximately Rs 3,000 Crores. The project is under the Buy {Indian – IDMM (Indigenously Designed Developed and Manufactured)} category comprising contemporary and…
India and the United States (US) are currently working on an Air Information Sharing Agreement between air forces, and which is expected to be finalised very soon. The pact is expected to facilitate sharing of information between the Indian and the US forces apart from cooperation in specific areas. In addition, the U.S. is considering…
Government of India, in its budget 2018-19, has announced setting up of two Defence Industrial Corridors (DICs) to develop a holistic defence manufacturing ecosystem in the country. One corridor has been established in Uttar Pradesh with six nodes namely, Aligarh, Agra, Jhansi, Kanpur, Chitrakoot & Lucknow and another in Tamil Nadu with five nodes namely,…
