MimophantSlayer
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Made in India military weapons and support systems
- Thread starter acetophenol
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MimophantSlayer
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Indigenous module for submarines undergoing trials
Booster shot: INS Karanj, the third Scorpene class submarine, being launched in Mumbai in January.
Special CorrespondentNEW DELHI 16 MARCH 2018 22:02 IST
UPDATED: 16 MARCH 2018 22:02 IST
All Scorpènes will be equipped with AIP technology in due course
The indigenous Air Independent Propulsion (AIP) module, which enhances the ability of submarines to stay under water, is in an advanced stage of trials, a senior officer of the Navy said on Friday. It is being developed by the Defence Research and Development Organisation (DRDO). All Scorpène submarines will be equipped with it in due course.
“The DRDO AIP is in an advanced stage of experimental trials. Once proven on shore, it has to be tested on a marine platform,” Vice-Admiral Srikanth said, speaking at the launch of a four-part series by the Discovery channel on Indian submariners to commemorate 50 years of the Navy’s underwater arm.
Asked whether the Navy would order three additional Scorpène submarines, Vice-Admiral Srikanth said a decision would be made after the current project was completed. “Yes, there is speculation, and even demand, to have three additional submarines at Mazagon Dock Limited. Since we already have the production line, along with expertise, the option can be looked into. But first, the existing project should complete on time.”
Earlier, the Navy planned to install the AIP module on the fifth and sixth submarines. But delays in development meant it could not be done before the last two submarines were launched.
The first Scorpene submarine Kulvarihas joined the Navy. It will go for a normal refit in 2023. The next two submarines are in various stages of sea trials. Under a revised plan, the AIP module will be installed on the submarines during upgrades. However, it is a complex and costly task.
Six Scorpene submarines are being made at Mazagon Dock Limited under technology transfer from France.
www.thehindu.com/news/national/indigenous-module-for-submarines-undergoing-trials/article23274795.ece/amp/
Special CorrespondentNEW DELHI 16 MARCH 2018 22:02 IST
UPDATED: 16 MARCH 2018 22:02 IST
All Scorpènes will be equipped with AIP technology in due course
The indigenous Air Independent Propulsion (AIP) module, which enhances the ability of submarines to stay under water, is in an advanced stage of trials, a senior officer of the Navy said on Friday. It is being developed by the Defence Research and Development Organisation (DRDO). All Scorpène submarines will be equipped with it in due course.
“The DRDO AIP is in an advanced stage of experimental trials. Once proven on shore, it has to be tested on a marine platform,” Vice-Admiral Srikanth said, speaking at the launch of a four-part series by the Discovery channel on Indian submariners to commemorate 50 years of the Navy’s underwater arm.
Asked whether the Navy would order three additional Scorpène submarines, Vice-Admiral Srikanth said a decision would be made after the current project was completed. “Yes, there is speculation, and even demand, to have three additional submarines at Mazagon Dock Limited. Since we already have the production line, along with expertise, the option can be looked into. But first, the existing project should complete on time.”
Earlier, the Navy planned to install the AIP module on the fifth and sixth submarines. But delays in development meant it could not be done before the last two submarines were launched.
The first Scorpene submarine Kulvarihas joined the Navy. It will go for a normal refit in 2023. The next two submarines are in various stages of sea trials. Under a revised plan, the AIP module will be installed on the submarines during upgrades. However, it is a complex and costly task.
Six Scorpene submarines are being made at Mazagon Dock Limited under technology transfer from France.
www.thehindu.com/news/national/indigenous-module-for-submarines-undergoing-trials/article23274795.ece/amp/
Foxbat Alok
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http://indiandefencenews.info/exclusiveofb-under-development-projects/
New underdevelopment projects of OFB
New underdevelopment projects of OFB
Water Car Engineer
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Foxbat Alok
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World Most Advanced Body Armour By MKU For Indian Armed Force
http://indiandefencenews.info/world-most-advanced-body-armour-by-mku-for-indian-armed-force/
http://indiandefencenews.info/world-most-advanced-body-armour-by-mku-for-indian-armed-force/
Hindustani78
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Ministry of Labour & Employment
19-March, 2018 15:10 IST
Prime Minister’s Shram Award
The Prime Minister’s Shram Award Scheme was instituted in the year 1985. The award has been instituted to recognize the outstanding contributions made by workmen as defined in the Industrial Dispute Act, 1947 in organizations both in public and private sector and who have distinguished record of performance, devotion to duty of a high order, specific contribution in the field of productivity, proven innovation abilities, presence of mind and exceptional courage and also to the workmen who have made supreme sacrifice of laying down their lives in the conscientious discharge of their duties. The details of the Scheme indicating the objectives, scope and selection procedure adopted for giving awards is at Annexure.
Annexure
Note on Prime Minister’s Shram Awards
The Prime Minister’s Shram Awards were instituted in 1985, for the workers in recognition of outstanding contribution towards production, and for showing exemplary zeal and enthusiasm in discharge of their duties in the Central/ State Governments Public Sector and Departmental Undertakings. The Awards are presented to the workmen as defined in the Industrial Disputes Act, 1947 and employed in the Departmental Undertakings of the Central and State Governments, Central and State Public Sector Undertakings and private sector having minimum of 500 employees on roll and engaged in manufacturing and productive processes and whose performance is assessable. The total No. of awards are 33 details of which is as under:-
Sl. No.
Name of Award
No. of Awards
Cash Prize
1.
Shram Ratna
1
Rs.2,00,000
2.
Shram Bhushan
4
Rs.1,00,000 each
3.
Shram Vir /Shram Veerangana
12
Rs. 60,000 each
4.
Shram Shree /Shram Devi
16
Rs. 40,000 each
The Shram Ratna Award would be common for both the Public and Private Sectors and the remaining 32 awards would be shared equally by both the sectors, i.e. 16 each for Public and Private Sectors. In case of awards being shared by a worker with team and/or different teams/other individual worker, the award money would be equally shared by the total number of workers {members of the team(s) + individual worker}. While the total number of awards in one year would be thirty three, in case awards for any one or more categories are not being given, these can be distributed among the other lower categories. It may not be mandatory to give all the prizes every year. Besides the cash prize, awardees would also receive a “SANAD” from the Prime Minister. The awardees are also eligible for 75% concession in 2nd Class Rail Fare.
Eligibility: The awards will be given to workmen who have distinguished record of performance, devotion to duty of a high order, specific contribution in the field of productivity, proven innovative abilities, presence of mind and exceptional courage. The awards may be given to those workmen also who have risked their lives or made supreme sacrifice of laying down their lives in the conscientious discharge of their duties.
Selection procedure: All the nominations received through the administrative Ministries/State Governments in the case of departmental undertakings of the Central and State Governments and Central and State Public Sector Undertakings and that of private sector through their National Associations/Chambers will be scrutinized and graded in descending order award-wise by a Technical Committee. The Technical Committee is chaired by an eminent personality in the field of technology with representatives from employers’ organizations, central trade unions, experts from the scientific/technical institutions of repute and DGFASLI. The Technical Committee will make recommendations for various categories of awards to the Screening Committee. The Screening Committee under the Chairmanship of Secretary (Labour) associating members at Joint Secretary Level from PMO, Cabinet Secretariat, Home and Public Enterprises will further consider the recommendations of the Technical Committee and will make final recommendations for the approval of Hon’ble Prime Minister. These awards shall be announced on the eve of the Independence Day every year.
Announcement and distribution of the awards: These awards are announced on the eve of the Republic Day/Independence Day and are distributed in the public function to be chaired by the Hon’ble Prime Minister as per his convenience.
This information was given by Shri Santosh Kumar Gangwar Union Minister of State (I/C) for Labour and Employment in written reply to a question in Lok Sabha today.
****
19-March, 2018 15:10 IST
Prime Minister’s Shram Award
The Prime Minister’s Shram Award Scheme was instituted in the year 1985. The award has been instituted to recognize the outstanding contributions made by workmen as defined in the Industrial Dispute Act, 1947 in organizations both in public and private sector and who have distinguished record of performance, devotion to duty of a high order, specific contribution in the field of productivity, proven innovation abilities, presence of mind and exceptional courage and also to the workmen who have made supreme sacrifice of laying down their lives in the conscientious discharge of their duties. The details of the Scheme indicating the objectives, scope and selection procedure adopted for giving awards is at Annexure.
Annexure
Note on Prime Minister’s Shram Awards
The Prime Minister’s Shram Awards were instituted in 1985, for the workers in recognition of outstanding contribution towards production, and for showing exemplary zeal and enthusiasm in discharge of their duties in the Central/ State Governments Public Sector and Departmental Undertakings. The Awards are presented to the workmen as defined in the Industrial Disputes Act, 1947 and employed in the Departmental Undertakings of the Central and State Governments, Central and State Public Sector Undertakings and private sector having minimum of 500 employees on roll and engaged in manufacturing and productive processes and whose performance is assessable. The total No. of awards are 33 details of which is as under:-
Sl. No.
Name of Award
No. of Awards
Cash Prize
1.
Shram Ratna
1
Rs.2,00,000
2.
Shram Bhushan
4
Rs.1,00,000 each
3.
Shram Vir /Shram Veerangana
12
Rs. 60,000 each
4.
Shram Shree /Shram Devi
16
Rs. 40,000 each
The Shram Ratna Award would be common for both the Public and Private Sectors and the remaining 32 awards would be shared equally by both the sectors, i.e. 16 each for Public and Private Sectors. In case of awards being shared by a worker with team and/or different teams/other individual worker, the award money would be equally shared by the total number of workers {members of the team(s) + individual worker}. While the total number of awards in one year would be thirty three, in case awards for any one or more categories are not being given, these can be distributed among the other lower categories. It may not be mandatory to give all the prizes every year. Besides the cash prize, awardees would also receive a “SANAD” from the Prime Minister. The awardees are also eligible for 75% concession in 2nd Class Rail Fare.
Eligibility: The awards will be given to workmen who have distinguished record of performance, devotion to duty of a high order, specific contribution in the field of productivity, proven innovative abilities, presence of mind and exceptional courage. The awards may be given to those workmen also who have risked their lives or made supreme sacrifice of laying down their lives in the conscientious discharge of their duties.
Selection procedure: All the nominations received through the administrative Ministries/State Governments in the case of departmental undertakings of the Central and State Governments and Central and State Public Sector Undertakings and that of private sector through their National Associations/Chambers will be scrutinized and graded in descending order award-wise by a Technical Committee. The Technical Committee is chaired by an eminent personality in the field of technology with representatives from employers’ organizations, central trade unions, experts from the scientific/technical institutions of repute and DGFASLI. The Technical Committee will make recommendations for various categories of awards to the Screening Committee. The Screening Committee under the Chairmanship of Secretary (Labour) associating members at Joint Secretary Level from PMO, Cabinet Secretariat, Home and Public Enterprises will further consider the recommendations of the Technical Committee and will make final recommendations for the approval of Hon’ble Prime Minister. These awards shall be announced on the eve of the Independence Day every year.
Announcement and distribution of the awards: These awards are announced on the eve of the Republic Day/Independence Day and are distributed in the public function to be chaired by the Hon’ble Prime Minister as per his convenience.
This information was given by Shri Santosh Kumar Gangwar Union Minister of State (I/C) for Labour and Employment in written reply to a question in Lok Sabha today.
****
Hindustani78
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A student takes a look at weapons and defence equipment during an exhibition motivate the youth to join Indian Army in Kolkata on Monday. PTI Photo
Foxbat Alok
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Army to conduct trials of OFB made JVPC Carbine Today
http://indiandefencenews.info/y-4/
http://indiandefencenews.info/y-4/
Hindustani78
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Ministry of Micro,Small & Medium Enterprises
21-March, 2018 13:09 IST
266 districts achieve target of 75 projects under PMEGP during 2016-17
266 districts have achieved the target of 75 projects under Prime Minister Employment Generation Programme during 2016-17. Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, MSME, Giriraj Singh said this in a written reply in the Rajya Sabha today. The Minister said that targets under PMEGP are set in terms of Margin Money allocation and a target of minimum 75 projects per district has been allocated to all the districts in the country with average Margin Money of Rs.2.00 lakhs per project (project cost Rs.8-10 lakh) in order to have equal distribution of targets and to achieve inclusive growth.
Efforts are made to achieve the target of 75 units for each district and to that end Principal Secretaries of State Governments are requested from time to time to monitor the Scheme. District level advisory Committees headed by the MPs of respective districts also monitor the Scheme. Review meetings at state level are arranged regularly wherever poor achievement has been observed. During State Level Monitoring Committee Meetings(SLMC), of respective states financing bank branches,they are advised to sanction more PMEGP projects in poor performing districts. Awareness camps at District level and State level are being organized in order to propagate the PMEGP scheme for the development of micro industries.
***
21-March, 2018 13:09 IST
266 districts achieve target of 75 projects under PMEGP during 2016-17
266 districts have achieved the target of 75 projects under Prime Minister Employment Generation Programme during 2016-17. Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, MSME, Giriraj Singh said this in a written reply in the Rajya Sabha today. The Minister said that targets under PMEGP are set in terms of Margin Money allocation and a target of minimum 75 projects per district has been allocated to all the districts in the country with average Margin Money of Rs.2.00 lakhs per project (project cost Rs.8-10 lakh) in order to have equal distribution of targets and to achieve inclusive growth.
Efforts are made to achieve the target of 75 units for each district and to that end Principal Secretaries of State Governments are requested from time to time to monitor the Scheme. District level advisory Committees headed by the MPs of respective districts also monitor the Scheme. Review meetings at state level are arranged regularly wherever poor achievement has been observed. During State Level Monitoring Committee Meetings(SLMC), of respective states financing bank branches,they are advised to sanction more PMEGP projects in poor performing districts. Awareness camps at District level and State level are being organized in order to propagate the PMEGP scheme for the development of micro industries.
***
MimophantSlayer
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Arjun Mk2 RCWS developed by BEL with the EOFCS from Tonbo Imaging
- EOFCS for Remote Controlled Weapon Stations
- Field tested for 12.7mm and 7.62mm
- Cooled MWIR thermal imager
- Long Range low lux Day imager
- Long Range Laser Range Finder
- GPS, DMC and Laser pointer integrated
- Integrated Fiber Optic Gyros
- Multi Sensor Fusion enabled
- Integrated video tracker
- Integrated ballistic computer
- Full Frame Rate – 25fps PAL
- Onboard Video Recording
- Pan / Tilt operation for surveillance and reconnaissance
- Reduced SWaP
Last edited:
Hindustani78
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The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu lighting the lamp to inaugurate the CAP INDIA-2018, Chemicals and Plastic exhibition, in Mumbai on March 22, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu addressing at the inauguration of the CAP INDIA-2018, Chemicals and Plastic exhibition, in Mumbai on March 22, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu addressing at the inauguration of the CAP INDIA-2018, Chemicals and Plastic exhibition, in Mumbai on March 22, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu addressing at the inauguration of the CAP INDIA-2018, Chemicals and Plastic exhibition, in Mumbai on March 22, 2018.
The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu addressing at the inauguration of the CAP INDIA-2018, Chemicals and Plastic exhibition, in Mumbai on March 22, 2018.
Hindustani78
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Ministry of Defence
22-March, 2018 18:31 IST
Drdo Pavilion Adjudged As Most Informative at 105th Indian Science Congress
Defence Research & Development Organisation (DRDO) has received the ‘Most Informative Pavilion’ Award in Pride of India Expo organized as part of the 105th Indian Science Congress held from 16 to 20 March 2018 at Manipur University, Imphal. Prime Minister Shri Narendra Modi had inaugurated this annual mega event on 16 March 2018.
DRDO participated in the expo showcasing cutting-edge indigenous defence technologies with over 150 exhibits and models from 18 DRDO laboratories. The DRDO pavilion at the Expo was a big attraction among the visitors particularly students, who got opportunity to interact with DRDO scientists. The scientists engaged the visitors in the lively discussions on science and technologies.
The participation of DRDO in the Indian Science Congress reaffirmed the message to masses that strength of ‘science and knowledge’ and the resultant self-reliance by converting this knowledge into technologies and systems through innovation were essential to ensure peace and national security. Chairman DRDO & Secretary DDR&D Dr S Christopher congratulated the organizing team for the award.
22-March, 2018 18:31 IST
Drdo Pavilion Adjudged As Most Informative at 105th Indian Science Congress
Defence Research & Development Organisation (DRDO) has received the ‘Most Informative Pavilion’ Award in Pride of India Expo organized as part of the 105th Indian Science Congress held from 16 to 20 March 2018 at Manipur University, Imphal. Prime Minister Shri Narendra Modi had inaugurated this annual mega event on 16 March 2018.
DRDO participated in the expo showcasing cutting-edge indigenous defence technologies with over 150 exhibits and models from 18 DRDO laboratories. The DRDO pavilion at the Expo was a big attraction among the visitors particularly students, who got opportunity to interact with DRDO scientists. The scientists engaged the visitors in the lively discussions on science and technologies.
The participation of DRDO in the Indian Science Congress reaffirmed the message to masses that strength of ‘science and knowledge’ and the resultant self-reliance by converting this knowledge into technologies and systems through innovation were essential to ensure peace and national security. Chairman DRDO & Secretary DDR&D Dr S Christopher congratulated the organizing team for the award.
Hindustani78
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The Minister of State for Defence, Dr. Subhash Ramrao Bhamre unveiling the plaque to inaugurate the new building of National Institute of Defence Estates Management (NIDEM), in New Delhi on March 22, 2018. The Director General, Defence Estates, Shri Jojneshwar Sharma is also seen.
The Minister of State for Defence, Dr. Subhash Ramrao Bhamre addressing the gathering after inaugurating the new building of National Institute of Defence Estates Management (NIDEM), in New Delhi on March 22, 2018.
The Minister of State for Defence, Dr. Subhash Ramrao Bhamre addressing the gathering after inaugurating the new building of National Institute of Defence Estates Management (NIDEM), in New Delhi on March 22, 2018.
Hindustani78
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Ministry of Commerce & Industry
23-March, 2018 16:38 IST
Roundtable of Invest India Held Today
The Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, speaking at the Invest India Roundtable
Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu chaired a roundtable of Invest India in New Delhi today. Various regulatory issues faced by Startups in the sectors of e-pharmacy, NBFCs, unmanned aerial vehicle and retail delivery of petroleum from door to door were discussed with the concerned Ministries and departments of the Government of India in the presence of the Minister. Following issues like presence of pharmacist at e-pharmacy platforms, stream lining of the application process for NBFCs by RBI, reforms in current guidelines for UAV sector, which doesn’t allow for manufacturing of drones, and vehicle specifications for door to door retail delivery of petroleum, were discussed at length.
Secretary, DIPP Ramesh Abhishek, Deepak Bagala MD and CEO of Invest India and officers from RBI, SEBI, Ministry of Petroleum and Natural Gas, Ministry of Health and Family Welfare, Drugs Controller General OF India (DGCI), Ministry of Finance, Department of Economic Affairs, Ministry of Civil Aviation and DGCA were present at the roundtable.
The Minister said that the roundtable is a self-evaluation exercise to encourage the talent pool in India who are doing phenomenal work through their Startups for the growth of the economy and the country.
***
Ministry of New and Renewable Energy
23-March, 2018 18:16 IST
Shri R.K. Singh chairs meeting with battery manufacturers, exhorts them to set up battery manufacturing units in India; assures of all possible efforts for this
Shri R K Singh, Union Minister of State (IC) Power and New & Renewable Energy held a meeting with battery manufacturers here, today to discuss the creation of an ecosystem for incentivising battery manufacturing in India.
In the meeting, Shri Singh exhorted the industry to set up battery manufacturing units in India as the future demand was going to be very high with the Government promoting e-vehicles in a big way. “Tenders for procuring e- vehicles have already been issued and we have started procuring the vehicles. This is going to increase”, he said. Asserting that the future bids will be for solar/wind hybrid coupled with storage, the Minster said that the Government will soon come out with a policy in this regard, and the focus will be on ‘Make in India’ in this field.
On the issue of adequate supply of raw materials for manufacturing of batteries, the Minster said that the Government has already initiated interaction with resource rich countries such as Bolivia.
The industry representatives raised the issue of high GST rates on batteries. They demanded that to promote Make in India, preference should be given to Indian made batteries in Government procurement. They also stressed upon the need for creating Indian standards for batteries and setting up of field testing facilities for both stationary and mobile sectors.
Emphasising the need for creating a manufacturing base for batteries in the country, the Minister asked the Department of Space and ISRO to share relevant technologies with the Industry. Stressing the need to start manufacturing of cells in India, the Industry representatives requested for a favourable fiscal regime. They also expressed the need to create an enabling environment for recycling of batteries in India.
Shri R.K. Singh assured the battery manufacturers that the Government would take all possible measures to incentivise battery manufacturing in India.
Shri Anand Kumar Secretary, MNRE was among the dignitaries present at the meeting which saw participation from major battery & electric vehicles manufacturers, ISRO, MEITY, Niti Aayog and MNRE.
****
*
23-March, 2018 16:38 IST
Roundtable of Invest India Held Today
The Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, speaking at the Invest India Roundtable
Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu chaired a roundtable of Invest India in New Delhi today. Various regulatory issues faced by Startups in the sectors of e-pharmacy, NBFCs, unmanned aerial vehicle and retail delivery of petroleum from door to door were discussed with the concerned Ministries and departments of the Government of India in the presence of the Minister. Following issues like presence of pharmacist at e-pharmacy platforms, stream lining of the application process for NBFCs by RBI, reforms in current guidelines for UAV sector, which doesn’t allow for manufacturing of drones, and vehicle specifications for door to door retail delivery of petroleum, were discussed at length.
Secretary, DIPP Ramesh Abhishek, Deepak Bagala MD and CEO of Invest India and officers from RBI, SEBI, Ministry of Petroleum and Natural Gas, Ministry of Health and Family Welfare, Drugs Controller General OF India (DGCI), Ministry of Finance, Department of Economic Affairs, Ministry of Civil Aviation and DGCA were present at the roundtable.
The Minister said that the roundtable is a self-evaluation exercise to encourage the talent pool in India who are doing phenomenal work through their Startups for the growth of the economy and the country.
***
Ministry of New and Renewable Energy
23-March, 2018 18:16 IST
Shri R.K. Singh chairs meeting with battery manufacturers, exhorts them to set up battery manufacturing units in India; assures of all possible efforts for this
Shri R K Singh, Union Minister of State (IC) Power and New & Renewable Energy held a meeting with battery manufacturers here, today to discuss the creation of an ecosystem for incentivising battery manufacturing in India.
In the meeting, Shri Singh exhorted the industry to set up battery manufacturing units in India as the future demand was going to be very high with the Government promoting e-vehicles in a big way. “Tenders for procuring e- vehicles have already been issued and we have started procuring the vehicles. This is going to increase”, he said. Asserting that the future bids will be for solar/wind hybrid coupled with storage, the Minster said that the Government will soon come out with a policy in this regard, and the focus will be on ‘Make in India’ in this field.
On the issue of adequate supply of raw materials for manufacturing of batteries, the Minster said that the Government has already initiated interaction with resource rich countries such as Bolivia.
The industry representatives raised the issue of high GST rates on batteries. They demanded that to promote Make in India, preference should be given to Indian made batteries in Government procurement. They also stressed upon the need for creating Indian standards for batteries and setting up of field testing facilities for both stationary and mobile sectors.
Emphasising the need for creating a manufacturing base for batteries in the country, the Minister asked the Department of Space and ISRO to share relevant technologies with the Industry. Stressing the need to start manufacturing of cells in India, the Industry representatives requested for a favourable fiscal regime. They also expressed the need to create an enabling environment for recycling of batteries in India.
Shri R.K. Singh assured the battery manufacturers that the Government would take all possible measures to incentivise battery manufacturing in India.
Shri Anand Kumar Secretary, MNRE was among the dignitaries present at the meeting which saw participation from major battery & electric vehicles manufacturers, ISRO, MEITY, Niti Aayog and MNRE.
****
*
MimophantSlayer
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India Plans Up To 74% Foreign Investment In Defence Technologies Without Approval
Sajeet Manghat @sajeetkm
23 March 2018, 8:18 AM22 March 2018, 2:34 PM
India plans to allow higher foreign investments in niche defence technologies under the automatic route as the world’s largest importer of arms and defence equipment looks to boost local manufacturing.
Prime Minister Narendra Modi’s administration aims to increase the foreign direct investment cap from the current 49 percent to 74 percent in such technologies, according to a draft Defence Production Policy 2018 released by the Ministry of Defence. As of now, anything over the existing limit is allowed on a case-to-case basis.
India aims to be among the top five countries in aerospace and defence, the document said, seeking comments. The policy aims at reduced dependence on imports, and self-reliance in development and manufacturing of indigenous weapon systems. The government plans to increase the domestic production nearly threefold to Rs 1.7 lakh crore by 2025. The key focus, according to the draft, will be on:
Also Read: Defence Allocation Gets Nearly 8% Boost At Rs 2.95 Lakh Crore
Focus On Cyberspace And AI
The government is looking to tap the Indian information technology sector to gain an edge in cyberspace and artificial intelligence. It has emerged as the fourth domain of warfare and India, with its leadership in IT can use this technology tilt to its advantage, the draft said.
Licensing Regime
The government will list platform and weapon systems being considered for procurement in the next 10 years to help private firms understand the opportunities. It will also simplify ‘Make-II’ process for private companies to enter defence production. To that end, it will liberalise the regime by allowing licenses in 30 days, pruning the no-go areas to a small ‘negative list’ for licensing.
The government will also do away with ex ante, or forecast-based, capacity assessment except in critical projects. It will introduce earnest money deposits and performance guarantees as safeguards for others.
Offset Regime
The government proposes to set up an offsets ombudsman for resolving all such claims. Offsets—investments through a local partner to set up ecosystem of suppliers—would be investment linked.
Taxation: The policy aims to rationalise taxes on import of capital goods for services and inputs for defence and aims to prevent inversion of taxes.
Defence Industry Corridors
The policy aims to build defence industry corridors in partnership with states and on existing production facilities to create an ecosystem of supply chains of small businesses and original equipment makers. The government will spend Rs 3,000 crore each to create a special entity for developing such corridors.
Also Read: Defence Acquisition Policy: Indian And Foreign Firms That May Vie For Contracts
Access To Testing Facilities
India will provide access to its testing facilities to the private sector. It will also set up common testing facilities, contributing up to Rs 100 crore per testing facility.
Exports
India is looking at Rs 35,000 crore of exports by 2025. It will promote made-in-India products through government-to-government agreements and line of credit. The Indian offset partners would be encouraged to take up export of parts and accessories.
Aerosopace
The government proposes to set up National Aeronautical Commission for better coordination and sharing of information and technologies. It plans to set up an aeronautical university along with Hindustan Aeronautics Ltd. by equally sharing the costs.
It plans to transition automotive component manufacturers to aeronautical parts design and manufacturing.
The government also plans to develop a civilian aircraft for 80-100 seats over the next seven years by leveraging the design and manufacturing capabilities developed in the country.
Boost For HAL
India wants to augment capacities to produce various platforms, including light combat aircraft, advance light helicopter, light combat helicopter, light utility helicopter and Dornier 228 for armed forces and exports.
https://www.bloombergquint.com/business/2018/03/22/india-plans-up-to-74-foreign-investment-in-defence-technologies-without-approval
Sajeet Manghat @sajeetkm
23 March 2018, 8:18 AM22 March 2018, 2:34 PM
India plans to allow higher foreign investments in niche defence technologies under the automatic route as the world’s largest importer of arms and defence equipment looks to boost local manufacturing.
Prime Minister Narendra Modi’s administration aims to increase the foreign direct investment cap from the current 49 percent to 74 percent in such technologies, according to a draft Defence Production Policy 2018 released by the Ministry of Defence. As of now, anything over the existing limit is allowed on a case-to-case basis.
India aims to be among the top five countries in aerospace and defence, the document said, seeking comments. The policy aims at reduced dependence on imports, and self-reliance in development and manufacturing of indigenous weapon systems. The government plans to increase the domestic production nearly threefold to Rs 1.7 lakh crore by 2025. The key focus, according to the draft, will be on:
- Fighter aircraft
- Medium lift and utility helicopters
- Warships
- Land combat vehicles
- Autonomous weapon systems
- Missile systems
- Gun systems
- Small arms
- Ammunition and explosives
- Surveillance systems
- Electronic warfare systems
- Communication systems
- Night fighting enablers
Also Read: Defence Allocation Gets Nearly 8% Boost At Rs 2.95 Lakh Crore
Focus On Cyberspace And AI
The government is looking to tap the Indian information technology sector to gain an edge in cyberspace and artificial intelligence. It has emerged as the fourth domain of warfare and India, with its leadership in IT can use this technology tilt to its advantage, the draft said.
Licensing Regime
The government will list platform and weapon systems being considered for procurement in the next 10 years to help private firms understand the opportunities. It will also simplify ‘Make-II’ process for private companies to enter defence production. To that end, it will liberalise the regime by allowing licenses in 30 days, pruning the no-go areas to a small ‘negative list’ for licensing.
The government will also do away with ex ante, or forecast-based, capacity assessment except in critical projects. It will introduce earnest money deposits and performance guarantees as safeguards for others.
Offset Regime
The government proposes to set up an offsets ombudsman for resolving all such claims. Offsets—investments through a local partner to set up ecosystem of suppliers—would be investment linked.
Taxation: The policy aims to rationalise taxes on import of capital goods for services and inputs for defence and aims to prevent inversion of taxes.
Defence Industry Corridors
The policy aims to build defence industry corridors in partnership with states and on existing production facilities to create an ecosystem of supply chains of small businesses and original equipment makers. The government will spend Rs 3,000 crore each to create a special entity for developing such corridors.
Also Read: Defence Acquisition Policy: Indian And Foreign Firms That May Vie For Contracts
Access To Testing Facilities
India will provide access to its testing facilities to the private sector. It will also set up common testing facilities, contributing up to Rs 100 crore per testing facility.
Exports
India is looking at Rs 35,000 crore of exports by 2025. It will promote made-in-India products through government-to-government agreements and line of credit. The Indian offset partners would be encouraged to take up export of parts and accessories.
Aerosopace
The government proposes to set up National Aeronautical Commission for better coordination and sharing of information and technologies. It plans to set up an aeronautical university along with Hindustan Aeronautics Ltd. by equally sharing the costs.
It plans to transition automotive component manufacturers to aeronautical parts design and manufacturing.
The government also plans to develop a civilian aircraft for 80-100 seats over the next seven years by leveraging the design and manufacturing capabilities developed in the country.
Boost For HAL
India wants to augment capacities to produce various platforms, including light combat aircraft, advance light helicopter, light combat helicopter, light utility helicopter and Dornier 228 for armed forces and exports.
https://www.bloombergquint.com/business/2018/03/22/india-plans-up-to-74-foreign-investment-in-defence-technologies-without-approval
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