Underlining the potential of India's defence sector Prime Minister Narendra Modi on Monday said the country which was the biggest defence importer for decades now exports defence equipment to 75 countries.
"If the national movement, which started a century ago, culminated in the first phase of our independence, then the 'Self-reliant India' movement marks the second phase of our independence. This phase will see us moving towards freedom from foreign defence equipment," said Singh.
The Delhi High Court recently directed the Ministry of Defence (MOD) to file an affidavit on a plea of a firm, Defsys, challenging the order of suspension of business. The firm is engaged in supplying defence equipment and parts since 2007.
India and Israel's bilateral trade is close to USD 8 billion and the figure does not include defence equipment, said Israel's Ambassador to India Naor Gilon.
Uttar Pradesh Chief Minister Yogi Adityanath on Friday said Aligarh which is famous for manufacturing locks and hardware, has the capacity to develop defence equipment to safeguard the country.
The Bengaluru-headquartered firm is offering fresh shares worth Rs 400 crore and is selling Rs 100 crore shares through the offer-for-sale at a price band of Rs197-207 apiece.
Share of the company has a face value of Rs2 apiece and will be listed on BSE and NSE. The lead managers of the firm
Gandhinagar (Gujarat) [India], October 18 (ANI): Boeing India on Monday announced through a press release that it will assess and collaborate with Mishra Dhatu Nigam Limited (MIDHANI) to develop raw materials for standards aerospace parts and defence components in India.
Washington [US], September 27 (ANI): Noting that India makes a choice about procuring defence equipment in its national interest, External Affairs Minister S Jaishankar on Tuesday said where "we get our military equipment is not a new issue or changed due to geo-political changes" and tha
New Delhi [India], September 19 (ANI): Former Punjab Chief Minister Captain Amarinder Singh on Monday accused the Congress of not taking steps for supplying defence forces with modern equipment despite India being surrounded by two hostile neighbours and said during the tenure of AK Anton
Haridwar (Uttarakhand) [India], August 4 (ANI): With the aim to develop defence technology and produce indigenous defence equipment, the Defence Research and Development Organization (DRDO) has collaborated with the Indian Institute of Technology (IIT), Roorkee.
New Delhi [India], May 6 (ANI): The Indian Army will receive a major 'Make in India' solution to boost its ability to shoot down enemy aircraft and drones as it has proposed to buy two new regiments of the Akash Prime missile air defence missiles systems.