India may allow 100 per cent foreign direct investment in defence to help increase domestic manufacturing. The department of industrial policy & promotion (DIPP) has prepared a draft Cabinet note that proposes the plan
Indias newly appointed Defense Minister Arun Jaitley has inherited the task of deciding whether or not to raise the foreign direct investment (FDI) level in the defence sector from 26 per cent to 49 per cent. Jaitley, who is also the Finance Minister, would find it easier to address the FDI issue which is not merely a MoD matter but one which concerns the finance and industries ministries as well
Going by the pace at which the Indian Air Force (IAF) is expanding bases for the Sukhoi-30MKI fighters, ordering more of these Russian-made aircraft looks a distinct possibility. The expansion of the Su-30MKI fleet may happen irrespective of the progress in the MMRCA deal in which negotiations with the French manufacturer Dassault are on
Airbus Helicopters announced it took home $54 million in helicopter sales at the FIDAE 2014 air show last week in Chile. Among the contracts it won include an order for two EC145 aircraft from the Bolivian Air Force for government transport duties and emergency missions from Airbus Helicopters Cono Sur, with contracts inclusive of pilot training, technical assistance and a logistic package of tools and spare parts to be provided by Airbus Helicopters
An Indian Air Force C-130J Super Hercules aircraft crashed today making it the third time the Lockheed Martin built aircraft has gone down. The aircraft, one of six, inducted about four years ago crashed in near Gwalior city in Northern India killing five crew members
In the latest string of accidents, an incident aboard the Indian Navy warship, the Kolkata class destroyer, has killed one officer Friday. According to reports, a possible malfunctioning of the firefighting system in the engine room of the destroyer is to be blamed for the accident
The fire aboard submarine, INS Sindhuratna, originated in the cables of the vessel and not the battery compartment as originally reported last week. According to local media reports, the Board of Inquiry (BoI) into the accident has found that the fire battery pit has been found to be fully safe and the fire took place in the compartment above it
An incident involving submarine accident surfaced yesterday when fire broke out aboard Australias Collin-class vessel, HMAS Waller that had only recently returned after a long period of maintenance. The Defence Department official was quoted as by The West Australian that there were no injuries, but four personnel who were involved in fighting the blaze had been put ashore under medical observation as a precaution
The resignation of Indian Navy Chief Admiral D.K
Questions are being raised over the safety of Indias submarine fleet following yet another incident involving a Russian-origin Kilo Class submarine INS Sindhuratna, . India currently operates 10 kilo-class submarines, of which eight including, the INS Sindhuratna, were built by Sevmash and upgraded at the Zvezdochka shipyard in Russia