Bharat Forge Limited (BFL) has commenced operations at a new defence manufacturing facility in Jejuri, near Pune. The facility covers 300,000 square feet and will support the production of Advanced Towed Artillery Gun Systems (ATAGS) for the Indian Ministry of Defence. The ATAGS system features 155mm howitzers, which will be manufactured at the facility. According […]
Paras Defence and Space Technologies has signed a memorandum of understanding (MoU) with MicroCon Vision, a subsidiary of CONTROP and a member of Rafael Group, Israel. The agreement establishes an exclusive collaboration for the development, integration, and deployment of Micro ISR (Intelligence, Surveillance, and Reconnaissance) payloads in India. According to the company, the partnership aims […]
The Indian Navy has signed a Project Sanction Order with Kirloskar Oil Engines Limited for the design and development of a 6MW medium-speed marine diesel engine. The project, categorized under Make-I, involves an investment of INR 2.7 billion, with the Indian government funding 70% of the cost. The prototype engine will have an indigenous content […]
The Ministry of Defence has signed two contracts with Hindustan Aeronautics Limited (HAL) for the supply of 156 Light Combat Helicopters (LCH) Prachand, along with training and associated equipment. The agreements are valued at INR 627 billion (excluding taxes). The first contract covers 66 helicopters for the Indian Air Force, while the second includes 90 […]
The Ministry of Defence has signed contracts worth INR 25 billion with Armoured Vehicle Nigam Limited for the procurement of the Nag Missile System (NAMIS) Tracked version and with Force Motors Ltd and Mahindra & Mahindra Ltd for approximately 5,000 light vehicles for the armed forces. The agreements were signed in New Delhi on March […]
Tembo Defence Products Private Limited, a subsidiary of Tembo Global Industries Limited, has signed an agreement with the Government of Maharashtra to invest INR 10 billion in defence manufacturing. The investment aims to enhance the state’s production capabilities and is expected to create 300 new jobs. The agreement was formalized at a signing ceremony attended […]
Force Motors Limited has received an order for 2,978 Force Gurkha vehicles from the Indian Defence Forces. The vehicles will be supplied to both the Indian Army and the Indian Air Force for use in various operational roles. The Gurkha is a four-wheel-drive vehicle designed for off-road capabilities, featuring high ground clearance and water-wading capacity. […]
Bharat Forge Limited has signed a contract with the Ministry of Defence (MoD) for the supply of 184 Advanced Towed Artillery Gun Systems (ATAGS). The order accounts for 60% of the MoD’s total procurement valued at INR 69 billion (approximately USD 830 million). The ATAGS is a 155mm/52-caliber artillery system developed jointly by Bharat Forge […]
India’s defence exports reached INR 210.83 billion in the financial year 2023-24, marking a significant increase from INR 6.86 billion in 2013-14, according to a press release from the Ministry of Defence. The country now exports military equipment to over 100 nations, with the United States, France, and Armenia among the key buyers. Items exported […]
Private companies now account for 21% of India’s total defence production, contributing to the sector’s growth, which reached INR 1.27 trillion (USD 15.2 billion) in the financial year 2023-24, according to a press release from the Ministry of Defence. More than 430 licensed private firms and approximately 16,000 small and medium-sized enterprises are engaged in […]
