MSMEs - Invest more in R&D, RM

Raksha Mantri Shri Rajnath Singh has called upon Micro, Small and Medium Enterprises (MSMEs) to invest more in research & development and manufacture new products & technologies and thereby contribute to the security and progress of the country. He was delivering the inaugural address at the MSME Conclave, organised by Department of Defence Production, Ministry of Defence in partnership with Society of Indian Defence Manufacturers (SIDM) in hybrid mode, in New Delhi on December 04, 2021.

Two firms to invest Rs 215 crore in UP’s Defence Corridor

The upcoming Defence Corridor in UP will not only host bigger companies manufacturing drones and missiles, but also firms that make cartridges for arms used by the security forces such as assault and sniper rifles and CQB carbines, frames for polymer frame pistols and safety equipment.

Two companies namely Delta Combat Systems Limited (Delta) and Werywin Defence Private Limited are investing Rs 215 crore in the Jhansi node of the Defence Corridor to set up their units for manufacturing smaller arms.

SIDM, Army signs MoU on cooperation on indigenization

The Confederation of Indian Industry (CII) commemorated its 25 years of partnership with the Indian Army today by organizing a Session on ‘25 Years of Army – Industry Partnership’. The Session was held in partnership with the Society of Indian Defence Manufacturers (SIDM). The first formal “Army - Industry Partnership” Conference was held on 14 & 15 September 1995.

Defence co-operation is important in Indo-Maldives relations

Sanjay Jaju, Additional Secretary (DP), Ministry of Defence, Govt of India today said that India and Maldives share a very close, cordial and a multidimensional relationship. India occupies a pre-eminent position in the Maldives and in accordance with the Neighbourhood First policy of Govt of India, we remain committed as a developmental partner for a stable, prosperous and peaceful Maldives. “Regular scheduled high-level exchange of visits is providing a sustained impetus to the growing relationship between the two nations,” he added.