Modi government had in 2020 set an ambitious export target of Rs 35,000 crore or $5 billion in aerospace and defence goods and services for the next five years.
Analysis of IAF proposal shows that the true Make in India component is much lesser than expected, therefore negotiations will focus on increasing that component.
CAT says seniority, promotion, pay—obtained by 'dint of long service, hard work & integrity'—cannot be made insignificant. 'Fulfilling minimum eligibility criteria won't make one entitled'.
Rajesh Singh also spoke about jet engine development to power next gen fighters, saying govt is finalising programme with leading international firm to co-develop 120KN jet engine.
Request for Information issued by govt seeks transfer of technology. This comes as the planned acquisition of 200 Kamov light utility helicopters from Russia remains in limbo.
New Delhi: Projects worth Rs 1.05 lakh crore for a wide array of military systems, including quick-reaction surface-to-air missiles (QRSAM), mine countermeasure vessels (MCMVs),...
EOI was marked a historic shift in defence procurement & industrial participation policy since this meant that HAL will have to bid along with private firms to bag the contract.
HAL has so far been the only entity in India to manufacture fighter planes. It will now have to compete against private companies, like TATA, Adani, L&T and other interested players.
The Congress has promised Rs 50,000 assistance to each woman but as we've seen in many recent elections, voters seem to be conscious of the proverb: 'A bird in hand is worth two in the bush.'
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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