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India calls for Increased Israeli Investment

Indian defence minister Rajnath Singh met with an Israeli delegation, led by Foreign Minister Mr Eli Cohen, in New Delhi on May 09, 2023. During the meeting, the Raksha Mantri underlined Government of India’s priority towards indigenisation in accordance with the ‘Aatmanirbhar Bharat Policy’. He acknowledged the cooperation being extended by Israeli companies and encouraged them for more investments in India and for forging joint ventures with Indian partners to manufacture defence equipment in India.

MoD approves 4th Positive Indigenisation List

To promote ‘Aatmanirbharta’ in defence & minimise imports by Defence Public Sector Undertakings (DPSUs), Raksha Mantri Shri Rajnath Singh has approved 4th Positive Indigenisation List (PIL) of 928 strategically-important Line Replacement Units (LRUs)/Sub-systems/Spares & Components, including high-end materials & spares, with import substitution value worth Rs 715 crore. Details of these items are available on SRIJAN Portal (https://srijandefence.gov.in/).

BEL signs MoU with Emjay

Bharat Electronics Limited (BEL) has signed an MoU with Emjay Control Systems Pvt Ltd to jointly manufacture and develop business for state-of-the-art, electro-mechanical bollards for use in various Defence, Homeland Security, Paramilitary and export projects.

The bollards are envisaged to safeguard vital installations by pre-empting unauthorised entry of heavy vehicles. They are built to withstand the impact of IED-laden vehicles weighing from 24,000-1,50,000 Kgs and coming in at alarming speeds from 80-100 Kmph.