The Indian defense ministry has signed 106 contract out of total 168 contracts with Indian vendors for the procurement of defense equipment for the Armed Forces in the last three years and upto June this year.
The contracts include Helicopters, Radar, Ballistic Helmets, Artillery Guns, Simulators, Missiles, Bullet Proof Jackets, Electronic Fuzes and ammunition, Dr. Subhash Bhamre, minister of state for defense said in the parliament Monday.
Government is pursuing initiatives to achieve higher levels of indigenization and self-reliance in the defence sector by harnessing the capabilities of the public and private sector industries in the countries. These measures include according priority and preference to procurement from Indian vendors and liberalization of the licensing regime. Defense Procurement Policy (DPP) accords the highest priority to Buy Indian (Designed, Developed and Manufactured) (IDDM).
The ‘Make’ procedure has been simplified with provisions for earmarking projects not exceeding development cost of Rs.10 crores (government funded) and Rs.3 crores (Industry funded) for micro, small and medium enterprises (MSMEs); and with provisions for involving private industry as production agencies and technology transfer partners.
Government has also promulgated the policy on Strategic Partnership in the Defence Sector to encourage broader participation of the private sector in manufacture of major defence platforms and equipment.
Indias Defense Acquisition Council (DAC) headed by the defense minister Nirmala Sitharaman has approved acquisition of eight Fast Patrol Vessels (FPVs) for the Indian Coast Guard under the 'Buy Indian Designed, Developed and Manufactured (IDDM)' category at an approximate cost of Rs 800 crore (US $116 million) . These vessels will be indigenously designed and manufactured and would strengthen maritime security by undertaking day/night patrolling and policing of the Maritime Zones of India including interception of vessels and personnel engaged in anti-sabotage anti-terrorist, anti-smuggling operations as well as provide assistance for Search and Rescue medical evacuation, disaster relief operations,...
Indias Defense Acquisition Council (DAC) discussed and approved implementation guidelines for the Strategic Partnership Model for defense purchases. Strategic Partnership Model aims to revitalise defence industrial ecosystem and progressively build indigenous capabilities in the private sector to design, develop and manufacture complex weapon systems for the future needs of the Armed Forces, the DAC headed by the Defense Minister Nirmala Sitharaman said in a statement Monday
India has begun the process of introducing a multi-tiered air defence network to fully secure its airspace from incoming enemy threats by initiating the process of acquiring US-built advanced air defence system. According to local media reports, Defence acquisitions council (DAC), chaired by Indias Defence Minister Nirmala Sitharaman, has approved the "acceptance of necessity (AoN) for the acquisition of the National Advanced Surface to Air Missile System-II (NASAMS-II) worth around $1 billion
Russia is eyeing to export its Project 22800 corvettes (Karakurt) armed with Kaliber missiles to India, Vietnam, China and other countries in the Asia-Pacific region, Deputy Prime Minister told reporters Monday. "These ships are very successful: they have a big tonnage, good armament, and Kaliber is the most important thing
The naval variant of Indias home-grown light combat aircraft (LCA) Tejas successfully snagged the jets tail hook on the arresting wire of the flight deck of the navys only aircraft carrier, INS Vikramaditya at a test facility in Goa. This was the first in a series of rigousous tests that will be carried out before the fighter can be tested for actual flight deck operations, which could take more than a year, Hindustan Aeronautics Limited (HAL) said in a statement Thursday
Indias Combat Vehicle Research and Development Establishment (CVRDE) conducted a speed taxi trial for the landing gear for indigenously-built ‘Rustom 2, a medium-altitude long-endurance unmanned aerial vehicle (UAV). The maiden flight of the two ton UAV with the landing gear was held successfully on Thursday at the Aeronautical Test Range (ATR) in Chitradurga, Karnataka, Times of India reported Thursday
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