60% of the contract, which involves 307 howitzers and 327 towing vehicles, will go to Bharat Forge, which emerged as lowest bidder, and 40% to Tata Advanced Systems.
The US State Department, additionally, approved the potential sale to Taiwan of about $265 million worth of command, control, communications, and computer modernization equipment.
In Episode 1570, Editor-in-Chief Shekhar Gupta, Snehesh Alex Philip & Swasti Rao discuss India’s defence strategy, ties with Russia & need for reforms in the domestic defence industry.
On 21 April 1975, Godhra MP and founding member of Swatantra Party spoke in the Lok Sabha during a debate on defence expenditure and purchase of arms. 'We have been, especially since the last war with Pakistan, shopping round the world.'
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
During the joint military exercise, the 2 nations will practice launching relief efforts in case of natural calamities. Focus will also be on humanitarian & some anti-terrorism operations.
Ahead of his visit, PM Narendra Modi called defence cooperation between India, US ‘important pillar of partnership’. Both looking at closer industry cooperation, greater integration.
Speaking on the sidelines of the exhibition, Defence Minister Rajnath Singh said the country had already 'managed to do defence exports worth Rs 8,000' in the first 6 months of this fiscal.
Russian Charge d’Affaires to India Roman Babushkin says India’s stand on Ukraine crisis is ‘independent and balanced’, and ‘reflects’ India’s status as a ‘global power’.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
In short, the Indian Army did everything it could to procure the foreign artillery guns but ultimately had to settle for the indigenous one.
The indigenous one consistently outperformed the foreign ones in contention, but the Army was hell bent on procuring the foreign ones. This resulted in the protracted “trials” of the ATAGs.
The Indian Army remains in the stranglehold of the arms import lobby.
In short, the Indian Army did everything it could to procure the foreign artillery guns but ultimately had to settle for the indigenous one.
The indigenous one consistently outperformed the foreign ones in contention, but the Army was hell bent on procuring the foreign ones. This resulted in the protracted “trials” of the ATAGs.
The Indian Army remains in the stranglehold of the arms import lobby.