In an effort to ameliorate the country’s defense export figures, the Indian Ministry of Defense (MoD) plans to launch “Open General Export License” scheme in a month’s time.
“We are working on launching the Open General Export License, where the entire process of taking permission from government will also be further reduced,” Mr Sanjay Jaju, JS (DIP), Department of Defence Production, India’s MoD, said during ‘Workshop for Defence Export Promotion’ organised by FICCI at New Delhi on Monday.
“It will enable the defense industry to access international market and make our products more competitive,” Jaju added.
According to Jaju, Indian exporters need to diversify the product line to be internationally competitive. “It is important for us to now look at platforms and while looking at these platforms, it is important that we are competitive and able to provide good value for money to the buyer,” he explained.
“The Indian defence industry is currently undergoing through a tectonic phase. Demand side is moving much faster and the catch-up between demand and production is not happening. Given the policy level changes happened over last 5 years, next decade is going to turn the tides,” Rear Admiral Atul Khanna, Additional Director General Quality Assurance (Naval), DGQA, India’s MoD, noted.
The Indian Air Force (IAF) is negotiating with Russia to make a fresh purchase of long-range missiles for its Su-30MKI and MiG-29 fighters, after acquiring $700 million-worth air-to-air and guided missiles from Mosow. The new multi-million dollar purchase includes “nearly 300 units of R-73 short-range air-to-air missiles, 400 units of RVV-AE (R-77) medium-range air-to-air guided missiles, and X-31 radar jamming Russian missile,” highly placed sources told
Ministry of Defense (MoD) of India is evaluating whether it should continue to invest in the development programme of aircraft carrier-based version of the countrys Light Combat Aircraft (LCA), the Tejas. The MoD is seeking a six-month time period to arrive at the decision, according to a report published by
India is likely to acquire National Advanced Surface to Air Missile System-II (NASAMS-II) from the US for an estimated $1 billion (INR 6,000 Crore) in order to erect a multi-layered missile shield over New Delhi, in order to protect the capital against 9/11-type attacks. “The networked system, capable of even shooting around buildings, will take care of 9/11-like and other close-in threats,” sources from the defense ministry told
Hindustan Aeronautics Limited (HAL) has offered 111 Advanced Light Helicopters (ALH), the “Dhruv” for $3 billion (INR 21,738 Crore) to the Indian Navys Naval Utility Helicopter (NUH) procurement plan. “The Companys NUH is an Advanced Light Helicopter `Dhruv with customisation designed to meet all the operational requirements of India,” a top officer told
A $3 billion deal for the purchase of 10 Boeing P-8I maritime patrol aircraft has been approved by the Indian MoD 's procurement committee, along with other defense deals which will bring the total spending to $10 billion are in the pipeline for the next two-three years with the US. “The procurement case for the 10 P-8I aircraft was cleared by an MoD committee last week
A major fire broke out in Indian Navy's under-construction stealth guided-missile destroyer, “INS Visakhapatnam,” stationed at Mumbais Mazagon Dock Shipbuilders on Friday, killing a 23-year old contract worker. "Under-construction warship Visakhapatnam caught fire at 5
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