POLICY

U.S. Offers To Shift M777 Guns Assembly Line To India

BAE Systems' U.S. arm has sought to revive the stalled sale of 145 M777 Ultra-Light Howitzers (ULHs) with a more compelling offer of shifting the artillery guns' assembly line to India.

Global Aerospace Firms To
Take 'Make-in-India' Vows
At Air Show

Leading global companies such as Airbus Group, Rolls-Royce and Rockwell Collins will commit to join the Make-in-India campaign of the Narendra Modi government at the tenth biennial AeroIndia-2015 show beginning Feb.18, 2015 at the Air Force Station Yelahanka in Bengaluru.

India Silent As UN's Arms
Trade Treaty Comes Into Force

A landmark comprehensive international treaty that controls the $85 billion annual global arms sales came into force on Dec. 24, 2014. The treaty is aimed at ensuring deadly weapons don't land in wrong hands such as terrorists and human rights violators.

Modi Hands Over India-Made
Dhruv Chopper To Nepal

India handed over a 'Dhruv' Advanced Light Helicopter, made in India by the state-run Hindustan Aeronautics Limited (HAL), to Nepal for the use of its Army on Nov 25, 2014. India's Prime Minister Narendra Modi handed over the Dhruv's model, as a symbolic transfer, to Nepal's Prime Minister Sushil Koirala at Kathmandu. 

 

 

Modi Nod For $120-Mn
Defense Solar Power Projects

India's 3.5-million strong armed and paramilitary forces will get a power boost over the next five years at a cost of Rs.750 crore.

India's Government Auditor
Slams Forces

India's government auditor on Dec. 19, 2014 rapped the armed forces and the Defense Ministry for its sloppy, inconsistent purchase plans that hit military operations adversely and caused a cumulative unproductive spending of close to $1 billion from the state treasury.

Zero Receipts: No Takers
For FDI At 49%

There's Zero receipt of Foreign Direct Investment (FDI) in Defense manufacturing post the Modi Government raising the limit from 26 to 49 per cent in July 2014, figures presented in Parliament reveal. This suggests that the move has failed to enthuse foreign investors, who were looking for the comfort of majority stakes.

India Deregulates
Annual Capacity

India has decided to deregulate the annual capacity for defense items for industrial license, apart from allowing selling of defense items to government entities.

 



 




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