Russian Helicopters Holding Company (part of Rostec State Corporation) has signed a roadmap at the Defexpo 2020 exhibition with the Russian-Indian company Indo-Russian Helicopters Limited (IRHL) for localization of Ka-226T helicopter production in India.
Bharat Forge Ltd., the world’s leading technology solutions provider signed a Memorandum of Understanding with DASTAN Corp., Kyrgyzstan, engaged in development of Torpedoes with advanced homing heads for Shipborne & Submarine platforms, used by Indian Navy.
Airbus India and Adani Defence & Aerospace signed a Memorandum of Understanding (MoU) at DefExpo 2020 to leverage synergies in aerospace and civil aviation sector. The MoU was signed by Anand Stanley, President and MD, Airbus India & South Asia and Ashish Rajvanshi, Head of Adani Defence & Aerospace.
The Minister of Defence, Rajnath Singh today emphatically stated that the reforms in the defence sector will not stop here and that the industry should take full advantages of the opportunities that are opening up. He was speaking at the US India Business Council session on US defense industry contributions towards ‘Make in India’.
The first India-Africa Defence Ministers’ Conclave held in Lucknow on February 06, coinciding with DefExpo-2020, adopted the Lucknow Declaration. Following is the full text of the declaration:
Hindustan Aeronautics Limited (HAL), Israel Aerospace Industries Limited (IAI) and Dynamatic Technologies Limited (DTL) signed a Memorandum of Understanding (MoU) for marketing, manufacturing and selling of IAI’s Unmanned Ariel Vehicles (UAVs) to Indian potential customers such as Indian Defence Forces, Paramilitary Forces and Central Armed Police Forces at DefExpo 2020 here today.
The Defence Secretary, Dr. Ajay Kumar today announced that the defence procurement process (DPP) would soon undergo changes, addressing the pain points mentioned by the aerospace and defence industry. It would be in sync with the rapid technology infusions.
The Prime Minister, Narendra Modi today said the government is coming up with a roadmap for Artificial Intelligence (AI) in the defence sector. In the next five years, it is intended to launch over 25 products in AI as India is already in the forefront of AI technologies compared to any other country in the world. Internet of Things (IoT), Big Data Analytics and digital technologies are future and the government understands this and is investing heavily in Research and Development.
On L&T’s journey in the defence sector
Raksha Mantri Shri Rajnath Singh has said terror and its related violence have posed serious challenge to the international security environment and the inter-play between state and non-state actors as proxies to spread violence have further increased the threat. He said the continued presence of terrorist infrastructure and state support to terrorists in the neighbouring country have tested India’s patience.
