Search Result for : Union Defence Minister

 The Dollar Business Bureau The Union Defence Minister, Manohar Parrikar, on Monday, informed his Ministry’s efforts and initiatives being taken towards improving the performance of Ordnance Factory Board (OFB). The Consultative Committee consisting of the Members of Parliament were discussing the role of the OFB, one of the oldest and largest production organisations of the Ministry of Defence. Informing the members, the Union Defence Minister said, “OFB is undergoing a paradigm shift from that of a manufacturer of defence equipment to a Complete Solution Provider.” The OFB’s new role will encompass design, development, bulk production and lifecycle sustenance equipment, the Minister said. The OFB would be made into a lead integrator of major platforms and will undergo a transformation into becoming ...

The Dollar Business Bureau The Ministry of Defence, on Thursday, expressed the Government of India (GoI)’s willingness to provide technology support to its armed forces in a move towards a process of modernization. A statement in this regard was made by Manohar Parrikar, Union Defence Minister, GoI, in his address at the Annual Unified Commanders’ Conference for Tri-Services Commanders, in New Delhi on Thursday. “The Government of India is committed to provide all support towards the modernization of Armed forces,” he said, according to an official release. Addressing the conference, the Union Minister further said there is a need to exercise financial prudence and also stressed on the need for optimization of all the available resources. Stating that the ...

The Dollar Business Bureau India and South Korea, on Friday, underwent high level defence talks, where both sides discussed the existing bilateral defence relations and also plans for further enhancement of military co-operation. Manohar Parrikar, Union Defence Minister, Government of India, on Friday, met the defence officials of South Korea, which include Admiral Choi, Chairman of the Joint Chiefs of Staff, Minister Chang of the Defence Acquisition Program Administration (DAPA) and Kim Kwan-jin, National Security Advisor of South Korea. In a meeting with Minister Chang, both the sides discussed India and Republic of Korea (ROK)’s shared perspectives on regional and international issues and towards cooperation in defence production, research and development. Stating that he has chosen ROK as his first ...

The Dollar Business Bureau In a move to overcome the supposed trade-related challenges in the Indian Ocean, India sought a common naval platform in Indian Ocean Region (IOR), with a stronger cooperation from the Indian Ocean countries. The Union Defence Minister, Manohar Parrikar, stressed on need for a ‘common naval platform’ for India and IOR countries, while speaking at the closing ceremony of an international conference on 'India & the Indian Ocean: Renewing the Maritime Trade & Civilizational Linkages'. The Minister called upon the Institute of Social and Cultural Studies (ISCS) and Research & Information System for Developing Countries (RIS), joint organizers of the conference, to make a note of ‘creating a common navy platform for Indian Ocean countries,’ which ...

 Sai Nikesh | The Dollar Business India and the United States, as a part of defence cooperation, have finalized a new framework agreement which would be a replacement to the existing deal, that was supposed to expire in June 2015. The new defence framework is expected to facilitate synchronization between the armed forces of the two countries, along with creating a larger scope for technology transfer in defence between the two economies. According to the defence reports, the deal will make the process easier for American firms to share their military technology with India and also actively participate in manufacturing of weapon systems jointly with India. Meanwhile, the Union Defence Minister, Manohar Parrikar, said that a dialogue has been ...