Search Result for : Indian Navy

The Dollar Business Bureau Two Naval Offshore Patrol Vessels (NOPVs), built by Reliance Defence and Engineering Ltd (RDEL), were launched on Tuesday at the company’s shipyard at Pipavav in Gujarat. The two NOPVs - NS001 & NS002, are part of five warships project being built by RDEL for the Indian Navy. “The five NOPVs being constructed at Reliance Shipyard are patrol ships and are armed with 76mm Super Rapid Gun Mount (SRGM) system, along with two 30mm AK-630 guns which provide medium range and short range offensive and defensive capabilities. The armament is remotely controlled through an electronic fire control system,” the company said in a statement. The two naval vessels constructed by a private player is a first in India.  Vice Admiral Girish Luthra, ...

The Dollar Business Bureau Israel Aerospace Industries (IAI) the official branch of Israel defence said today that it has signed another deal worth $630 mn to supply Long Range Surface to Air Missile (LRSAM) systems to the Indian navy. The deal would be jointly executed by Bharat Electronics Ltd (BEL) serving as the main contractor in the project, IAI and DRDO. The development of the missile in India would give a boost to the PM’s Make in India campaign. This is also going to be Israel’s largest defence contract with India which is worth $2 billion. It is aimed to equip the Indian navy with state-of-the-art missile defence systems. IAI will be developing the LRSAM systems in joint collaboration with Defence Research and Development ...

The Dollar Business Bureau India is committed towards modernisation of armed forces with the current government having cleared more than 2 lakh crore worth defence acquisition since it came to power and is resolved to order 3 lakh crore by the end of this financial year, informed Defence Minister Manohar Parrikar while speaking at a seminar organised by FICCI with active participation of the Indian Navy in New Delhi. The International Seminar on Current and Future Challenges in Design and Construction of Underwater Vehicles had Parrikar commend the Indian Navy for indigenously designing and constructing the advanced front line warships such as destroyers, frigates, anti-submarine warfare corvettes, landing crafts. The armed forces is also constructing an aircraft carrier he said. The minister shed light ...

The Dollar Business Bureau Indian Navy in association with Council for Leather Exports (CLE) and Footwear Design and Development Institute (FDDI) organised a maiden workshop on Footwear under the aegis of Ministry of Commerce. The Workshop conducted today on (29 Sep 16) at DRDO Bhawan, New Delhi was yet another effort by the Indian Navy to propel the cause of “Make in India”. The Chief Guest Admiral Sunil Lanba, PVSM, AVSM, ADC, Chief of the Naval Staff during his address emphasised upon the importance of this workshop both for the Indian Navy and footwear industry and optimal utilisation of available technology to deliver in-house quality products to the Indian Navy. Vice Admiral Jaywant Korde, AVSM, VSM Controller of Logistics during the welcome ...

PTI The US is likely to make a positive decision on India's request for state-of-the art unarmed Guardian drones for maritime surveillance, especially in the Indian Ocean. The move comes after India was designated a major defence partner of the US in June. Within weeks of that designation, after Prime Minister Narendra Modi met US President Barack Obama, at the White House in early June, the Indian Navy had sent an official letter of request (LoR) in February to Department of Defense towards purchase of 22 high-tech multi-mission Predator Guardian UAVs. This was the first major request of arms sale purchase by India after Obama designated New Delhi as a major Strategic Defence partner. The US government has not made a ...

Reliance Group Chairman Anil Ambani announced the setting up of a naval facility at Rambilli, Vishakhapatnam, with an initial investment of Rs.5000 crore The Dollar Business Bureau The new facility would complement the companys existing plant at Pipavav in Gujarat, with a clear focus on building strategic assets for the Indian Navy.   Expanding its existing business, Reliance Group has signed an agreement with the Andhra Pradesh government for the setting up a world-class naval facility at Rambilli along the east coast, 70 kms south of Vishakhapatnam. Reliance Group Chairman Anil Ambani announced the new venture on Sunday while addressing the ongoing two-day investor summit in Vishakapatnam. At an initial investment outlay of Rs.5,000 crore, it will represent the single largest investment at one location ...

 The Dollar Business Bureau In a move to promote the Make in India, the Government of India has decided to allow a foreign firm to bid for a Naval Utility Helicopter (NUH) contract, on the condition that the firm ties up with a local vendor. According to the Defence News, the Indian government is likely to allow the Italy-based AugustaWestland to bid for NUH for the Indian Navy. The contract by the Indian Navy, for the supply of 100 light-utility vehicles is estimated to be worth around US$ 2 billion, the report informed. Responding to the Indian Navy’s Request for Information (RIF) over the NUH contract, the Anglo-Italian defence firm is fielding the AW-109 helicopter and has submitted its ...