With 30% indigenous components, INS Kalvari is one of the six Scorpene-class submarines that will be built at Mazagaon Docks
The estimated requirement of IAF is for 100 drones, sources said, adding that if a deal — most likely with San Diego-headquartered General Atomics — goes through, its size could be around $8 billion.
State-owned Hindustan Shipyard (HSL) has emerged as the lowest bidder for two Indian Navy’s diving support vessels (DSVs) contract at Rs 1,010 crore.
In an effort to unlocking the North-East’s potential by enhancing people-to-people connectivity and nourishing the civilisational linkages on the lines of the government’s ‘Act East Policy’, Manipur has set up its own ‘Act East Policy’.
Apart from the foundation stone-laying for the Rs 1.1-lakh crore Mumbai-Ahmedabad high-speed rail project, Japanese Prime Minister Shinzo Abe’s forthcoming visit to India will also see a major headway in India-Japan commercial ties in the area of defence equipment.
Kolkata-based Garden Reach Shipbuilders & Engineers (GRSE), under the ministry of defence, has emerged as the lowest bidder with a Rs 2,500-crore bid for four vessels for the Indian Navy. GRSE became the L1 bidder beating infra major Larsen & Toubro.
A trade mission for Chilean Blueberry Committee is in India on a week long visit, seeking potential buyers and logistics service providers and promoting Chilean fresh blueberry exports.
In what can be termed as an unusual gesture, Trinidad & Tobago (T&T), dual-island Caribbean nation put ahead it’s Independence Day celebrations (from August 31) to August 22 in Port of Spain so that the two countries could have a joint celebration.
The bilateral trade stands at around $70 billion and the trade balance is heavily skewed in favour of China
Japanese Prime Minister Shinzo Abe is planning to visit India in mid-September. The visit assumes significance as it comes amid rising tension in the region.
Common security threats, maritime security and fast-tracking of the acquisition of $2-bn ‘Guardian’ drone deal for the Indian Navy – the first for a non-NATO country – are on top of the agenda for discussions when US defence secretary James Mattis comes to India next month.
The Indian Navy is issuing fresh ‘request for information’ (RFI) to five international companies for 150 heavyweight torpedoes for submarines at a cost of $300 million.
Even as New Delhi has chosen Ghana for hosting a three-day exposition to facilitate Indian investments in that country and the neighbouring West African countries, experts have urged that Francophone (French-speaking) and Lusophone (Portuguese-speaking) countries in the continent should also be explored.
Cheaper and credible launches and India’s overall expertise is driving South American countries towards the Indian Space and Research Organisation (ISRO) for launching their satellites.
Despite the ongoing crisis in Venezuela, New Delhi and Caracas are continuing their joint investments in the energy sector.
In an effort to support developmental activities through south-south cooperation with partner countries, the board of directors of India, Brazil and South Africa Facility for Poverty and Hunger Alleviation (IBSA Fund) recently approved three projects at a budget of $2.3 million.
A study, ‘RESHAPING INDIA-AFRICA TRADE — Dynamics and Export Potentiality of Indian Products in Africa’, unveiled by MoS (MEA) Gen VK Singh (retd) recently, has made an attempt to project the volume of exports to Africa, expected to touch $70 bn in 2021.
When the Defence Acquisition Council headed by defence minister Arun Jaitley meets end of this month, a decision is expected to be taken on one out of three options for the $8-billion Futuristic Infantry Combat Vehicle (FICV) project.
The US has confirmed that the critical Category One UAV technology from US-based General Atomics has been released, acceding to India’s strong request. Also, the Indian Air Force has requested for 100 units of Predator C Avenger aircraft worth $8 bn.
Notwithstanding the uncertain security scenario on the borders, the Indian Navy is not likely to expand its existing fleet of one aircraft carrier over the next 15 years.
The Indian Army soldiers will soon get bulletproof helmets from Kanpur-based defence firm MKU as part of Prime Minister Narendra Modi’s Make in India initiative.
The future of the Indian Army’s long-delayed $7.5-billion futuristic infantry combat vehicle (FICV) programme is expected to be taken up when the Defence Acquisition Council (DAC) meets later this month.
There is an urgent need to load Hindustan Shipyard (HSL), located in Visakhapatnam, with adequate orders so that the shipyard’s capacity can be optimally utilised, Rear Admiral L V Sarat Babu (Retd), chairman and managing director of HSL, tells Huma Siddiqui in an interview.
Recognising India as a key player in global efforts for maintenance of international peace and security, University of Peace (UPEACE), UN mandated university based in Costa Rica seeks potential partnerships with Indian institutes.
India and Japan have revived talks on $1.65-billion sale of ShinMaywa US-2i amphibious aircraft to the Indian Navy and a decision is expected by the end of the year.
Japan is keen to get involved in more initiatives, including ‘viable connectivity projects’ in the North-East in states such as Assam, Meghalaya and Manipur, to boost trade between the two sides.
For deepening the trade partnership between India and Africa, the Kerala government and top diplomats from African countries met last week to ensure level-playing field for raw cashew cultivation and cashew nut processing industry on both sides.