Defence Ministry gives in-principle nod for 31 projects under ‘Make-II scheme’

Source: The Hindu Business Line, Oct 08, 2018

Bengaluru: The Department of Defence Production under the Ministry of Defence has cleared 31 projects and has given them in-principle approval under the Make-II scheme.

“Make-II is an industry-funded scheme. It offers easier clearance and faster scaling-up of production. Make-II has seen faster development than any of the ‘Make projects’ that have happened so far,” Ajay Kumar, Secretary- Production, Ministry of Defence, told BusinessLine.

“In the last 6-8 months, we have given in-principle approval to 31 projects and are moving forward in assurance of firm orders,” he added.

Under Make-II, the Ministry of Defence has a sub category of suo motu submission of proposals. “Here, we got two such proposal and 12 more are under consideration. The proposal cleared is for night vision solution and the other is related to missiles,” explained Kumar. Read the rest of this entry »

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India and Russia to sign over $7 billion defence deals

Source: The Economic Times, Oct 5, 2018

NEW DELHI: India and Russia are set to sign defence deals worth over $7 billion at the bilateral summit on Friday, but financial sanctions by the US have cast a shadow as they limit New Delhi’s capacity to transfer funds to Moscow. The two sides are expected to hold talks on setting up a new payment mechanism independent of the US controlled dollar trade.

Sources told ET that the $5.2-billion deal for five regiments of S-400 air-defence shield has received top-level clearances and would be signed at the Modi-Putin summit. The system, which would be delivered by 2020, would strengthen IAF’s capacity to protect critical assets and limit strike abilities of the Pakistani air force. Quick delivery of S-400 is considered critical as China will receive them by the year end and would be in a position to fully exploit the system with the delivery of all necessary missiles by 2020. Read the rest of this entry »

India to get own nuclear missile tracking ship in December

Source: The Economic times, Jul 19, 2018

NEW DELHI: India’s secretive nuclear missile tracking ship, which will become part of an elaborate missile shield being planned against attacks is successfully undergoing harbour trials and is set to be delivered by December, a top official in charge of the project has confirmed. The VC11184, a specialised Ocean Surveillance Ship being built for the National Technical Research Organisation (NTRO), is on its way to completion just over four years after it was ordered as part of the Modi government’s focus on creating a nuclear missile shield for the nation. Read the rest of this entry »

Defence Ministry issues new guidelines for startups

Source: The Economic Times, Jun 28, 2018

NEW DELHI: The defence ministry has specified new rules for homegrown startups to take part in military projects in an attempt to focus their attention on cutting edge research and development. The new rules, specified this week, seek to encourage new companies to undertake research projects to develop or upgrade weapon systems and to work towards reducing imports.

Under the new rules, startups recognised by the Department of Industrial Policy & Promotion (DIPP) under certain categories will automatically qualify to take part in specified defence projects. These categories range from aeronautics, nanotechnology and Virtual Reality to renewable technology, robotics, green technology and internet of things. Read the rest of this entry »

Defence companies have $20-b deals in their sights

Source: The Hindu Business Line, Nov. 02, 2017

New Delhi: Mega defence contracts are up for grabs with the government likely to approve long-pending deals worth around $20 billion by December 31. These contracts will operate under the government’s ‘Make in India’ programme.

During a meeting last week, Defence Minister Nirmala Sitharaman and Defence Secretary Sanjay Mitra are believed to have assured the industry of clearing the deals by the year-end.

These defence programmes include the Futuristic Infantry Combat Vehicle (FICV), the Tactical Communication System (TCS) and the Battlefield Management System (BMS), all of which have been under discussions for almost a decade now. Once approved, these programmes will enable the Indian Army to take a quantum leap in modern warfare systems. Read the rest of this entry »

Russian, Japanese companies keen to supply amphibious planes: Nitin Gadkari

download (1).jpgSource: The Economic Times, Oct 29, 2017

Russian and Japanese firms have evinced interests in supplying amphibious planes to India which also include 50 seater such planes, Union Minister Nitin Gadkari said today.

In line with the government plans to convert 111 rivers into national waterways in the country, Gadkari said, proposals are being examined for introducing seaplanes at Yamuna, Ganga and other waterbodies.

Read the rest of this entry »

As defence sector opens up, Russian suppliers yet to find their groove

Source: The Hindu Business Line, Sept 10, 2017

Mumbai: Despite India opening up its defence industry to private players, Russian suppliers still find it more convenient to work with Indian public sector companies. Concerns over experience and expertise are the main reasons, experts say.

Since the new policy was approved in May this year, Russian defence companies — unlike OEMs from the US, Israel and Europe — have been less active in signing MoUs with Indian private sector players such as the Tatas, L&T, Reliance Infrastructure, M&M, Bharat Forge and Ashok Leyland. Read the rest of this entry »