Only 5,077 crore FDI in Defence Sector

Defence Industry sector was opened up in May 2001 for private sector participation. Foreign Direct Investment (FDI) limit in defence sector was enhanced in 2020 up to 74% through the Automatic Route for companies seeking new defence industrial license, and up to 100% through the Government Route wherever it is likely to result in access to modern technology. So far, Rs 5,077 crore worth of FDI has been reported by companies operating in the defence sector.

India-Saudi Talks on Consolidating Bilateral Defence Ties

Bearing testimony to the growing defence ties between India and Saudi Arabia, Minister of State for Defence Ajay Bhatt is on a visit to Riyadh as head of the Indian delegation for the ongoing World Defence Show (WDS) 2024. The five-day show, which commenced on February 04, 2024, is showcasing the latest advancements in defence technology serving as a vital platform for international collaboration amongst the participating companies.

India Needs Defence Space Ecosystem

Chief of Defence Staff Gen Anil Chauhan has stressed that as the country is going through Amrit Kaal, it is time for building a highly capable Aatmanirbhar defence space ecosystem. Inaugurating 'DEFSAT', a three-day Space Seminar and Exhibition at the Manekshaw Centre, Delhi Cantt on Feb 7, 2024, Gen Anil Chauhan underlined that from space augmentation to exploration, the Government has envisioned big targets for the nation.

India-Germany held 16th Military Cooperation Meeting

The 16th edition of the India-Germany Military Cooperation Sub Group (MCSG) meeting was conducted from 05-06 Dec 2023 in New Delhi.

The meeting was co-chaired from the Indian side by Brigadier Vivek Narang, Deputy Assistant Chief of Integrated Staff IDC (A), HQ IDS, and Col (GS) Christian Schmidt, Director, Department International Cooperation Armed Forces Office from the German side.

15th India-Singapore Defence Policy Dialogue

The 15th India-Singapore Defence Policy Dialogue was held in New Delhi on November 01, 2023. The dialogue was co-chaired by Defence Secretary Shri Giridhar Aramane and Permanent Secretary (Defence), Singapore Mr Chan Heng Kee. During the meeting, both sides reviewed the existing defence cooperation between the two countries and agreed to enhance collaboration in Service-to-Service interactions and bilateral exercises. They also articulated steps to take forward cooperation in emerging areas like cyber security.