Just the future supply of fighter jets for the carrier would entail an estimated $ 12 billion one-time order. Besides this other major procurement could be air-to-ship and air-to-air missiles which these jets would be kitted with.
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.
Russia was the largest arms supplier to India in both 2011–15 and 2016–20. However, Russia’s deliveries dropped by 53 per cent between the two periods and its share of total Indian arms imports fell from 70 to 49 per cent”
An allocation of almost $ 18 billion, under what is called the ‘Capital head’ of its budget, is the largest increase in 15 years when calculated on an year-on-year basis. It also almost doubles the allocation within past four years. In the budget presented in February 2017 the allocation was Rs 69,473 Crore ( approx $ 9.26 billion).
The United Arab Emirates (UAE), headquartered EDGE, has broken into the top 25, making it the first company from the middle east to break into the exclusive club dominated by US, European, Russia and Chinese companies.
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.
From a reluctant player in the ‘Quad’, or the Quadrilateral, India is now shedding its ambivalence, to openly work towards making the alliance stronger and a seamlessly effective entity in the Indo-Pacific.
India ready to issue a formal tender for a multi-billion dollar project to make six new-generation stealth submarines. A foreign manufacturer will tie-up with an Indian partner to make these under-sea vessels for nearly $ 7 Billion.
Locally made jet, to be ready by 2026, will make up numbers IDD Bureau India is now looking to reduce the number of Multi-Role carrier borne fighters jets it wants to source from foreign manufacturers. The numbers could be cut down from the present demand of 57 jets. According to some estimates, the Indian Navy
IDD Bureau Almost two months into the nerve-wracking military posturing between India and China, New Delhi has okayed a two-pronged $ 5.18 billion upgrade of its military prowess. The upgrade will be a mix of locally made and imported weapons, equipment and platforms. These will include a new 1000 km Long range land attack