Tag: OEM

Foreign firms allowed in Indian FICV tender for $ 8 billion

Posted on by india defence | 7603 Views | 8 min read

Loitering ammunition for beyond line of sight targeting and mini UAV’s for tactical surveillance are part of the needs specified by the FICV project . Some 1750 FICV are planned.

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Foreign OEM’s and Indian industry gain from policy shift

Posted on by india defence | 6799 Views | 8 min read

The policy aims to promote ‘Make in India’ as OEM’s which transfer technology to Indian companies will gain under the new policy while those who can move their manufacturing plants to India will get priority.

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India’s ‘big-bang’ reforms in defence; foreign OEM’s allowed 74 % stake

Posted on by india defence | 9397 Views | 7 min read

IDD explainer In a long-pending reform, India,  has allowed foreign original equipment manufacturers (OEMs) to invest upto 74 percent stake in Defence equipment manufacturing sector in India via the Foreign Direct Investment (FDI) route, allowing the OEM’s, a controlling stake in production. India is the second largest importer of weapons and equipment, accounting for 9.2

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