BEL signs MoU with ADA
BEL signed an MoU with Aeronautical Development Agency (ADA), DRDO, for the Advanced Medium Combat Aircraft (AMCA) programme. The MoU was announced on the sidelines of the “Bandhan” event held at Aero India 2023.
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IDEX 2023
Rosoboronexport to propose new cooperation projects
RoE, part of the Rostec State Corporation, will organize a large-scale display of Russia’s leading defense industry enterprises in the country’s pavilion at IDEX 2023, the world’s biggest international defense and security exhibition, to be held in Abu Dhabi, UAE, from February 20 to 24.
AeroIndia'23- Day 3
India earmarks 75 % defence capital procurement for Indian Companies
AeroIndia'23 - Day 2
Rajnath Singh meets CEOs
Rajnath Singh met the CEOs of Original Equipment Manufacturers (OEMs) on the sidelines of 14th Aero India on tuseday. During the interaction, he highlighted that India offers significant advantages of competitive land costs, skilled human capital, a vibrant start-up ecosystem and a huge domestic defence market to the Global Defence industry. He described this as a win-win situation where defence manufacturing companies from across the world can become a part of the Indian growth story.
AeroIndia '23 - Day 1
Prime Minister Narendra Modi inaugurated the 14th edition of Asia’s biggest aero show - Aero India 2023 – at Air Force Station, Yelahanka in Bengaluru on February 13, 2023. A commemorative stamp was also released by the Prime Minister on the occasion. The five-day event, on the theme ‘The runway to a billion opportunities’, will showcase India’s growth in aerospace and defence capabilities. It will display indigenous equipment/technologies and forge partnerships with foreign companies, in line with ‘Make in India, Make for the World’ vision for a secure and prosperous future.
Maiden Landing of Fighter on INS Vikrant
"The successful landing and take off of the indigenous LCA Navy on India's first Indigenous Aircraft Carrier is a momentous step forward towards the realisation of our collective vision of AatmaNirbharBharat. The maiden landing of the Mig-29K also heralds the integration of the fighter aircraft with INS Vikrant. Congratulations to all those who made it happen." - Adm R Hari Kumar, Chief of the Naval Staff
PM Inaugurates HAL Chopper Plant
Prime Minister Narendra Modi, on January 6, dedicated HAL’s New Helicopter Factory to the nation at a function at Gubbi (Tumakuru). Speaking on the occasion, he hailed HAL’s efforts in strengthening ‘Aatmanirbharta’ in the defence sector by building India’s largest helicopter factory. From drone manufacturing to building Tejas fighter, naval carrier and transport aircraft, India is now producing everything indigenously, he said.
India Allocates 13 per cent to Defence
India, on Wednesday, allocated 13 per cent of its national budget towards defence expenses. The allocations for border infrastructure and innovation fund received 43 and 93 per cent jump respectively. India has also earmarked one third of its revenue expenditure for operational expenses which is almost 44 per cent higher than the last financial year.