Manufacture of fighter aircraft, helicopters, UAVs, missiles on agenda at 5 hubs to corner 30 percent of Defence market
The Indian Army will get new assault rifles, sniper rifles and carbines this year, Army Chief General Bipin Rawat announced at his annual press conference in New Delhi on January 10.
India and Pakistan on January 1 exchanged, through diplomatic channels simultaneously at New Delhi and Islamabad, the list of nuclear installations and facilities covered under the bilateral Agreement on the Prohibition of Attack against Nuclear Installations.
Indian and Chinese troops met at two points in Eastern Ladakh on New Year's Day as part of Confidence Building Measures (CBMs) aimed at reducing tensions between the two militaries on the unsettled boundary.
India has received over 438.60 crore ($62.7 Million) of Foreign Direct Investment (FDI) in the Defence & Aerospace Sector since April 2014, the Government has declared to Parliament.
'It's the Micro, Small and Medium Enterprises (MSMEs) which are the real power sectors and government is ready to support and ease the complexities in the defence procedures', said the Defence Minister, during the joint seminar on 'Opportunities for MSMEs in Defence Sector', organized by FISME in association with SP Guide Publications.