Defence exports Current Affairs, GK & News

Aero India 21 app

The Aero India-21 mobile application was recently launched by the Union Defence Minister Rajnath Singh. The mobile app will act as a handy interactive interface for all the issues related to Aero India 2021. The application has features to support the attendees, exhibitors and media of Aero India 21. Aero India 21 The Aero India ..

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Akash Missile System

The cabinet, chaired by the Prime Minister Narendra Modi recently approved the export of the Akash missile system. Also, a committee has been formed for fast approvals of export of the missile system. Export of Akash Missile System The Government of India has a target of 5 billion USD of Akash missile export. According to ..

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Defence Minister Raj Nath Singh approves new DRDO Procurement Manual 2020

On October 20, 2020, the Defence Minister Rajnath Singh approved a new Defence Research Development Organization Procurement Manual, 2020. The main objective of release of the manual is to encourage MSME (Micro Small and Medium Enterprises) in Research and Development. Highlights The manual will simplify processes of procurement and will therefore, facilitate indigenous defence industry. ..

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India’s night trial of Nuclear Capable PRITHVI II missile successful

India recently conducted the night trial of indigenously developed nuclear capable Prithvi II missile. The test was successful. The test was conducted at the Integrated Test Range, Balasore, Odisha. Highlights Prithvi II is a surface-to-surface missile. The first trial of Prithvi II was conducted in September 2020. The launch was conducted by the Strategic Force ..

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GoI permits up to 74% FDI under automatic route in Defence Sector

On September 17, 2020, the Government of India permitted Foreign Direct Investment of 74 percentage under automatic route in defence sector. This is being done to attract more overseas investors in the defence industry. Highlights Till date, the Government of India has permitted 100% foreign investments in the defence sector. Of this 49% were allowed under ..

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