Medical devices planned for promotion include specific equipment across 8 segments. Products are slated to be manufactured by both Indian firms & MNCs with manufacturing units.
SSS Defence not only bags contract to supply .338 Lapua Magnum calibre sniper rifle, but also deals to deliver nearly USD 50 million worth of ammunition to multiple friendly countries.
All contracts that materialised in FY 2023-24 & 2022-23 were with Indian public, private vendors. Army is looking at indigenising sustenance of weapon systems which includes spares & munition.
The manifesto, released Sunday, focused on making India a manufacturing and export hub, creating employment opportunities through this, and expanding a few ongoing schemes.
Private sector & DPSUs accounted for about 60% & 40% of the total exports. Growth is 32.5 percent as compared to previous fiscal, says defence minister.
Order value wasn’t disclosed but Airbus India MD says company sources components & services worth $750 mn from India every year and plans to take it to $1.5 bn over next few years.
A variety of factors, including Apple’s pricing strategy, forex fluctuations and import duties, are leading to this huge price discrepancy, say experts.
Donald Trump seems to have rejected the old assumptions. He does not care that India is the world’s largest democracy. As for the Indian market, he wants access on his own terms.
Republican Senator Lindsey Graham says bill will be 'well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent'.
Indian Army has inducted loitering munitions, kamikaze and surveillance drones for over Rs 5,000 crore post Operation Sindoor from various domestic firms.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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