Saab and Kalyani Strategic Systems Ltd have announced plans to set up a joint venture for the production of the RBS 70 VSHORAD and Bamse SRSAM systems in India.
Representatives from CII, ASSOCHAM and FICCI have recommended the Tata Group to lead the development of a replacement for the Indian Air Force (IAF) Avro HS 748 Medium Transport Aircraft.
To shore up its depleting submarine fleet, India will this year issue a $11 billion global tender for building six more next generation vessels, navy chief Admiral Nirmal Verma said here Wednesday.
The Comptroller and Auditor General of India has criticized the acceptance of inferior-grade steel used in the manufacture of fleet tankers of the Indian Navy by Italian firm, Fincantieri, saying it amounted to ‘undue favor to a foreign vendor in (the) procurement of fleet tankers’.
The Russian Embassy, today, announced in a statement the participation of ’31 Russian organizations, including 6 major companies in the field of military-technical cooperation (SC Russian Technologies, Rosoboronexport, OJSC “Concern PVO “Almaz-Antey”, Central Design Bureau for Marine Engineering “Rubin”, Federal State Unitary Enterprise “Splav”, KBP Instrument Design Bureau), in the DefExpo beginning on Monday in New Delhi.