Page-3 of Defence exports Current Affairs, GK & News

Land Acquired from Tamil Nadu and Uttar Pradesh Defence Corridors to increase Defence Production

On March 23, 2020, the Defence Ministry announced in the Parliament that it has acquired land from the State Governments of Uttar Pradesh and Tamil Nadu. As Land is state subject, it is important for the centre to acquire land from the state government for development projects. Highlights The GoI is planning to increase Defence ..

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DefExpo-2020 Outcomes reported at the Parliament

On March 16, 2020, the Raksha Rajya Mantri Shri Shripad Naik submitted the outcomes of DefExpo-2020 at Rajya Sabha as a written reply. This year DefExpo-2020 was organized in Lucknow, Uttar Pradesh under the theme Theme: Digital Transformation of Defence Outcomes This year more than 856 domestic defence companies and 172 foreign companies participated at ..

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India’s 40 million USD defence deal with Armenia beats Russia and Poland

On March 1, 2020, India bagged a deal to supply 4 indigenously built radars (capable of locating weapons) to Armenia. The deal was worth 40 million USD. Highlights India and Armenia signed deals on DRDO built “Swati” weapon locating radars. Armenia has decided to go with Indian built radars after testing Russian and Poland made ..

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DefExpo 2020: India’s target in Defence Sector is 5 billion USD in next 5 years

The 11th edition of DefExpo (Defence Exhibition) was inaugurated by PM Modi on February 5, 2020. At the inaugural speech, PM Modi announced that India will work towards increasing its Defence economy to 5 billion USD. Highlights India announced at the DefExpo that it has aimed to develop 25 products based on Artificial Intelligence in ..

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200 fighter jets to be acquired by Indian Air Force

The Government of India will acquire around 200 aircrafts. Of these 200, 83 fighter jets are LCA Tejas Mark 1A and are to be procured from HAL. The rest are to be procured based on Request for Proposals. Highlights The design of the fighter jets was finalized by HAL (Hindustan Aeronautics Limited). HAL will start ..

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