The sanctions bar defence procurement agency SSB from receiving loans from international financial institutions and agencies including the US Export-Import Bank.
Procurement procedures in the armed forces are near perfect. So if sub-standard equipment pass through, it's either because the leadership is corrupt or it is incompetent.
A study of the 101 items put in the negative list shows that over one-fourth are already manufactured in India and have not been imported for a long time.
Most of India’s defence programmes take about two decades before being fielded. For whatever reason this has become the norm, it is no longer sustainable.
Army is in process of procuring armour-piercing fin-stabilised discarding sabot ammunition fired by T-72, T-90 main battle tanks, additional Heron drones and mines, among other things.
Draft Defence Procurement Procedure, 2020 also proposes increasing the Indigenous Content stipulated in various categories of procurement, to support the ‘Make in India’ initiative.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
No if no but only performance and results.. And that is going to happen when. Costly foreign defense hardware goes out of reach from major milittaries and yet defense takes priority..indian ptoducts will find Niche and break the foreign cycle of plunder.. indigination to have multiple benefits
A . Our products our IPR..we may develop better variants
B. Cost effectiveness
C. Exports
D additional GST and direct corporate taxes
E additional employment and additional revenues by economies of scale and multiplier effect
F. Additional enhanced security and political influence.
G cost effective operations of military coz they now use self sourced gear and materials equipment s.
And much more..
The Hindustan Aeronautics Limited (HAL) is an absolute shame for the nation. Its technological “prowess” and servicing/maintenance operations truly set it “apart”.
Even though the Modi govt has placed an order for 83 Tejas aircraft with the PSU, it remains to be seen how many of them are actually airworthy. Gross delays in delivery of the aircrafts is a given.
No if no but only performance and results.. And that is going to happen when. Costly foreign defense hardware goes out of reach from major milittaries and yet defense takes priority..indian ptoducts will find Niche and break the foreign cycle of plunder.. indigination to have multiple benefits
A . Our products our IPR..we may develop better variants
B. Cost effectiveness
C. Exports
D additional GST and direct corporate taxes
E additional employment and additional revenues by economies of scale and multiplier effect
F. Additional enhanced security and political influence.
G cost effective operations of military coz they now use self sourced gear and materials equipment s.
And much more..
Very true Snehesh.
Everything starts with an Intent. If there Intent decades ago we would have deal hunters abroad, by now.
You are doing a good job.
The Hindustan Aeronautics Limited (HAL) is an absolute shame for the nation. Its technological “prowess” and servicing/maintenance operations truly set it “apart”.
Even though the Modi govt has placed an order for 83 Tejas aircraft with the PSU, it remains to be seen how many of them are actually airworthy. Gross delays in delivery of the aircrafts is a given.