New Delhi: The Defence Ministry on May 20 broadly finalised a much-awaited policy under which select private firms will be roped in to build military platforms like submarines and fighter jets in India in partnership with foreign entities. Seen as a major initiative, the ‘strategic partners…
Tag: Defence Ministry
एरोस्पेस व डिफेंस नीति के तहत SMEs को मिलेगी 1000 करोड़ की सहायता
महाराष्ट्र सरकार ने आगामी पांच वर्षों में 100,000 नौकरियां पैदा करने और 5 अरब यूएस डॅालर के निवेश को आकर्षत करने के लिए अपनी एरोस्पेस व ड्रॅाफ्ट डिफेंस नीति जारी की है। सरकार अपने इस कदम के जरिए राज्य में डिफेंस मेन्यूफेक्चरिंग इकाईयों की स्थापना के लिए एमएसएमई सेक्टर को 1,000 करोड़ रुपये देने का…
Budget 2017: Defence sector likely to see up to 10% hike in allocation
New Delhi: The defence sector has been in the limelight since the NDA government came to power, and going by Street estimates, it will be one of top priority sectors in this forthcoming Budget 2017-18. Most brokerage firms tracking the sector expect up to 10 per cent increase in allocation toward…
Opportunities in defense are huge for the SME sector | Rajbikram S Nayar, CMD, Deco-Nayar
India has suffered numerous terrorist attacks, which resulted in significant loss of life and the disruption to a thriving economy. With growing urbanization and half the country’s population expected to live in cities, there is need to secure urban infrastructure against acts of terror. India re…
Govt needs to incentivise defence exports | Neeraj Gupta, MD, MKU
India’s defence industrial policy needs to be in line with the objective to boost defence exports. The government should interact more with vendors and look towards making the procurement process faster, says Neeraj Gupta, Managing Director, MKU Pvt. Ltd, in an interview to H. Siddiqui of SMEpost…
SMEs to drive ‘Make In India’ in defence
It is imperative for Indian SMEs to integrate themselves into the supply chains of national and international defence majors to reduce dependence on foreign supplies and gain a foothold in the international market, Union MSME Minister Kalraj Mishra said today. “India, till the recent past, …