GKN Aerospace plans second facility in India

GKN Fokker Elmo — a GKN Aerospace unit specialising in electrical wiring harnesses — is discussing plans for a second manufacturing facility for wiring systems in India during a visit to Pune this week. The Fokker Elmo business already operates a Joint Venture for...

“By 2025, we aim to bag a spot in the we aim to bag...

To delve deep into the objectives of the draft Defence Production Policy 2018, we pursued the expert himself. On a scorching summer afternoon, the editorial team of Electronics Bazaar made its way to an office within the Ministry of...

Will the Defence Production Policy 2018 help India switch from being the No. 1...

The draft Defence Production Policy 2018, released in March, visualises India as one of the top five countries in the aerospace and defence sectors in the coming years, with defence goods and services accounting for a turnover of ₹...

Pushing ‘Make in India’ to develop defence : Nirmala Sitharaman

Highlighting the fact that a nation cannot be “truly” self-reliant until it is able to develop and manufacture its weapon systems, Defence Minister Nirmala Sitharaman said on Tuesday the Government is promoting ‘Make in India’ projects to develop the...

Foreign Defence companies may soon get to invest in equities

Foreign defence manufacturers may soon be allowed investments to help Indian companies set up manufacturing facilities. They may also be able invest in a SEBI-regulated fund that will promote startups to meet their offset obligations that run in billions...

French defence company Thales plans to double footprint in India

French defence company Thales has said it is working on doubling its footprint in India by expanding its overall product portfolios with a major focus on India's ambitious project to build a fleet of nuclear-powered attack submarines. Senior Executive Vice-President...

MHA gives approval to 48 private defence projects

The home ministry has given a quick security clearance to the 48 private investments in the defence sector.  According to a recent report published in Economic Times, nod for small and medium-scale arms production was among that received MHA clearances...

BEL signs MoU with Mahindra Defence Systems

At DefExpo 2018 which was held at Chennai, Bharat Electronics Limited (BEL) and Mahindra Defence Systems Limited committed to a long-term partnership through a MoU, to jointly address emerging opportunities in the domestic market under the policy initiatives of...

Rolls-Royce partners with Goa Shipyard to manufacture MTU engines in India

Rolls-Royce on Thursday said it has inked pact with Goa Shipyard Ltd (GSL) to manufacture technologically-advanced MTU Series 8,000 engines, used in offshore patrol vessels, in India.  "Rolls-Royce and GSL, a premier defence shipbuilding yard in India under the Ministry...

Adani, Punj Lloyd, Rave tie up for aerospace, defence manufacturing

Adani Group today said it has tied-up with Punj Lloyd and US-based Rave Gears to design and make high precision gears for aerospace and defence.  The collaboration is for manufacturing gears and gear assemblies mainly for rotary platforms, currently under...

L&T and BEL sign MoU for defence products

Infrastructure major Larsen and Toubro and state-owned Bharat Electronic (BEL) entered into a pact to develop and manufacture defence products and systems for domestic and export markets. TOI reported that the MoU seeks to leverage the capabilities of both the...

Defence major Thales targets threefold rise in revenue from India

French defence firm Thales joint venture with Anil Ambani’s Reliance Defence Ltd to integrate India-specific capabilities for 36 Rafale jet fighters and maintain radars and manufacture high-performance airborne electronics, will be operational by the end of this year. The New...

Defence projects stuck due to delay in ‘strategic’ policy

The much-touted "strategic partnership (SP)" policy to boost the Indian private sector's role in production of new-generation weapon systems, in collaboration with global armament majors through joint ventures here, is yet to become operational almost a year after it...

Government releases draft policy on defence production

The Defence Ministry has come out with a draft policy which envisages achieving a turnover of Rs 1,70,000 crore in military goods and services by 2025 by promoting the domestic defence industry.      The policy says the aim is to make...

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