Defence Production News - Latest Updates & Headlines
Defence production hit Rs 1.27 lakh crore in FY 2023-24, exports cross Rs 21,000 crore
New Delhi, March 25: India's defence production has reached a record Rs 1.27 lakh crore in FY 2023-24, the Ministry of Defence said in a release on Tuesday.
Goa Shipyard striving for Aatmnirbhar Bharat: MoS Sanjay Seth at launch ceremony of 2nd Frigate
South Goa, March 22: Union Minister of State for Defence Sanjay Seth attended the launch ceremony of the GSL (Goa Shipyard Limited) Yard 1259, 2nd Advanced Frigate Frigate under Project 1135.6 being built for the Indian Navy in Vasco da Gama, Goa and highlighted GSL's commitment to 'Aatmanirbhar Bharat.'
India signs $248 million defence deal with Russia for T-72 tank engines
New Delhi, March 7: The Ministry of Defence has signed a $248 million contract with Russia's Rosoboronexport for the procurement of more powerful 1000 HP Engines for T-72 tanks of the Indian Army, in fully formed, completely- knocked down and semi-knocked down conditions.
Army Chief lauds '10-year plan' for India-US defence deals, says will boost defence production
Noida, February 15: Army Chief General Upendra Dwivedi lauded the India-US defence deals signed following Prime Minister Narendra Modi's visit to the United States and said that the 10-year plan that will be laid out will greatly benefit defence production in the country.
Defence sector powering growth engine of Indian economy, says Rajnath Singh
New Delhi, February 10: Aero India 2025, a confluence of critical & frontier technologies, will provide a platform to further strengthen relations among like-minded countries based on mutual respect, mutual interest and mutual benefit to deal with today's uncertainties, said Raksha Mantri Rajnath Singh while inaugurating the 15th edition of Aero India at the Yelahanka Air Force Station in Karnataka's Bengaluru on Monday.
Centre inks Rs 642 cr contract with BEL for 28 EON-51 systems for Indian Navy
New Delhi, Feb 8: The Ministry of Defence on Saturday signed a Rs 642 crore contract with government-owned Bharat Electronics Limited (BEL) Delhi for the procurement of 28 EON-51 systems for the Indian Navy.
Union Budget: India's domestic defence production reaches Rs 1.27 lakh crore, says MoD
New Delhi, Feb 1: In wake of Prime Minister Narendra Modi’s ‘Atmanirbhar Bharat’ vision, the Ministry of Defence (MoD) said on Saturday that the country’s domestic defence production has reached Rs 1.27 lakh crore.
'Booster shot for self-reliance': Govt signs Rs 2,960 crore deal with Bharat Dynamics to make missiles for Indian Navy
New Delhi, Jan 16: The Ministry of Defence on Thursday signed a contract with Bharat Dynamics Ltd (BDL) for the supply of medium-range surface-to-air missiles (MRSAM) to the Indian Navy at a cost of approximately Rs 2,960 crore.
Our armed forces will play major role in building Atmanirbhar, Viksit Bharat: PM Modi
New Delhi, Jan 15: On the occasion of the 77th Army Day, Prime Minister Narendra Modi commended the Army's pivotal role in the nation's journey towards achieving a "Viksit Bharat" by 2047, emphasising their dedication and valour.
India is now among top 25 arms exporters globally: FM Nirmala Sitharaman
Gandhinagar, January 13: Union Finance Minister Nirmala Sitharaman stated that India now stands among the top 25 global arms exporters.
Assam offers lucrative investment opportunities in chips, tourism and other sectors: CM
Mumbai, Jan 6: Assam Chief Minister Himanta Biswa Sarma on Monday held a roadshow in the financial capital for the mega investment and infrastructure summit, to be held in the state on February 25-26.
Goa Shipyard Ltd launches two indigenous fast patrol vessels for Indian Coast Guard
Vasco da Gama, January 5: Goa Shipyard Limited (GSL) on Sunday concurrently launched two indigenously designed and constructed Fast Patrol Vessels (FPVs) for the Indian Coast Guard.