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.
India’s civil services were once called the ‘steel frame’. But steel is forged in fire, not moulded in a coaching class. While dilution has made the exam easier, it has also made it harder to find the game-changers we need.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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