The Indian Defense Ministry has signed 18 international contracts worth INR 29,222 Crore (US $20.1 billion) between May 2014 and February 2015.
The contracts were signed with armaments manufacturers from the USA, Russia, the UK, Israel, Germany and France.
“Defense Procurement Procedure (DPP) details direct dealing with the Original Equipment Manufacturers (OEMs) or Authorized Vendors or Government Sponsored Export Agencies (applicable in case of countries where domestic laws do not permit direct export by OEM),” Defense Minister Manohar Parrikar said in an answer in parliament.
“It also provides that vendor is required to give full details of any agents / technical consultants / authorised vendors that may have been appointed by them for marketing of this equipment in India. These details should include the scope of work and responsibilities that have been entrusted with the said party in India,” Parrikar said.
Parrikar’s reply shows a possibility of changing mindset in the MoD about the employment of middlemen in potential defense deals on the basis of full disclosure. Observers believe that this can also be included in the DPP as a policy statement as a laid down procedure.
India may opt for off-the-shelf purchase of three squadrons of the Russian T-50 fifth generation stealth fighters, instead of taking the earlier Joint R & D route to manufacture 127 fighters in India. Just as the Indian MoD abandoned discussions for licence-manufacture of the Rafale in India and went in for direct procurement of three squadrons, it may do the same in case of the T-50 for speedier procurement
Indias first hypersonic cruise missile, BrahMos-II will be named after late president Dr. APJ Abdul Kalam
Indian navy's procurement of the 16 multi-role naval helicopters from Sikorsky could be delayed following a restart of negotiations with the US company. The negotiations have restarted after the American company demanded for a price escalation to which the Indian MOD had refused, defence minister Manohar Parrikar told Indian parliament on Friday
Despite opposition from Moscow, Ukraine's Ukroboronprom has decided to pitch for Indian contracts for the supply of components and repair of Russian-origin aircraft of the Indian Air Force, Director General Pavlo Bukin told Defenseworld.net in an interview.
Segments such as Network Centric Warfare, Radars, Weapon systems, Electronic Warfare & Avionics, Military Communications and Electro Optics are likely to drive the Companys growth in the future, says M V Gowtama, Chairman & Managing Director, Bharat Electronics Limited (BEL).
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