Page-4 of Defence exports
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 ..
Month: Current Affairs - February, 2020
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 ..
Month: Current Affairs - January, 2020
GoI new scheme: Rs 400 crores for testing MSME Defense products
The Government of India is planning to launch a new scheme to test defense products manufactured by MSMEs. In order to achieve this, the Ministry of Defence has allocated Rs 400 crores. Features of the scheme The test units that ..
Month: Current Affairs - November, 2019
DRDO offers free access to its 450 patents
The Defense Research and Defense Organization has allowed free access to its 450 patents. The organization intends to provide a boost to domestic industries, especially startups and the strategic sector that has a network of 50 national laboratories that are ..
Month: Current Affairs - November, 2019
Def Connect: Ministry of Defence showcases the innovations of iDEX initiative
Ministry of Defence (MoD) is organizing the “Def Connect” event on November 11, 2019. The main objective of the event is to showcase the accomplishments of iDEX-Innovations for Defence Exellence. Highlights The event will bring together several stakeholders such as ..
Month: Current Affairs - November, 2019
Government planning to gift obsolete weaponry to friendly countries
The Union Government is planning to gift obsolete weaponry that can be refurbished at minimal cost to friendly countries in a bid to boost defence cooperation with them. Specific military platforms being looked under this proposal are artillery guns, armoured ..