Government

PM Inaugurates Sela Tunnel

Prime Minister Narendra Modi virtually dedicated to the nation the Sela Tunnel project during the Viksit Bharat Viksit North East programme in Itanagar, Arunachal Pradesh on March 09, 2024. The tunnel has been constructed by the Border Roads Organisation (BRO) at an altitude of 13,000 feet on the road connecting Tezpur, Assam to Tawang in the West Kameng district of Arunachal Pradesh.

MoD Signs Five Major Capital Acquisition Contracts

As part of ‘Aatmanirbharta in Defence’ and to further boost Make-in-India initiative, the Ministry of Defence (MoD) signed five major capital acquisition contracts worth Rs 39,125.39 crore on March 1, 2024 in New Delhi. The Contracts were exchanged in the presence of Raksha Mantri Shri Rajnath Singh and Defence Secretary Giridhar Aramane, under whose guidance these deals fructified.

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.