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BND-4201: India’s first home-grown high purity gold reference standard launched

India Government Mint (IGM), a unit of Security Printing and Minting Corp of India Ltd has launched India’s first home-grown high purity gold reference standard –Bharatiya Nirdeshak Dravya...

December 25, 2017

BrahMos Missile: Godrej Aero gets new contract for missile airframes

Godrej Aerospace has won order from BrahMos Aerospace Pvt. Ltd. (BAPL) for supply of additional 100 units airframe fuel management systems for BrahMos Air-Launched Cruise Missile. Godrej Aerospace...

December 6, 2017

DAC clears mega project to acquire 111 helicopters for Indian Navy

The Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman accorded acceptance of necessity (AoN) for the procurement 111 naval utility helicopters (NUHs) worth Rs 21,738 crore...

November 1, 2017

Home Ministry eases Arms Rules to woo investments

The Union Home Ministry has liberalised Arms Rules to encourage investments in manufacture of arms, ammunition and weapons systems. The rules were liberalised with aim of making India...

October 31, 2017

Government to release new industrial policy

The Department of Industrial Policy and Promotion (DIPP) under the Commerce and Industry Ministry is going to release a new industrial policy by October 2017. It is expected...

August 30, 2017

India’s first private missile production facility unveiled in Hyderabad

India’s first private sector missile sub-systems manufacturing facility Kalyani Rafael Advanced Systems (KRAS) plant was inaugurated near Hyderabad, capital of Telangana. It is 51:49 joint venture between India’s...

August 4, 2017

Reliance Defence inks Pact with Serbia’s Yugoimport to Manufacture Ammunition in India

Anil Ambani’s Reliance Defence Ammunition which is a subsidiary of Reliance Infrastructure has entered into a strategic partnership with Serbia’s state-run Yugoimport to manufacture ammunition in India. The joint venture is expected...

June 20, 2017

Union Cabinet Approves National Procurement Policy Giving Preference to Make in India

The Union Cabinet Chaired by Prime Minister has given its approval for a national procurement policy that gives preference to ‘Make In India’ in government procurements. The policy aims...

May 25, 2017

India's first Medipark will be set up in Tamil Nadu

India’s first Medipark (Medical Park) will be set up in Tamil Nadu at Chengalpet near Chennai, Tamil Nadu. It will boast of the first medical devices manufacturing park...

October 8, 2016

Indian Army launches Army Design Bureau to reduce dependence on imports

The Indian Army has set up Army Design Bureau (ADB) in an attempt to indigenise procurements and reduce import dependence. It has been established as part of the...

September 1, 2016

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