Leading naval manufacturer Naval Group has confirmed that it is in touch with both the Indian shipyards shortlisted for the ambitious P 75I submarine contract but believes that an exclusive arrangement needs to be worked out to take ahead the project. The Rs 45,000 crore project has recently moved onto the next step with the shortlisting of two Indian shipyards MDL and L&T and five foreign companies they can collaborate with to acquire design and manufacturing technology.
Union Cabinet chaired by Prime Minister Shri Narendra Modi approved far reaching reforms in the Space sector aimed at boosting private sector participation in the entire range of space activities. The decision taken is in line with the long-term vision of the Prime Minister of transforming India and making the country self-reliant and technologically advanced. India is among a handful of countries with advanced capabilities in the space sector. With these reforms, the sector will receive new energy and dynamism, to help the country leapfrog to the next stages of space activities.
Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh that private sector will be allowed to use Indian Space Research Organisation (ISRO) facilities and other relevant assets to improve their capacities. Briefing about India's achievement in the field of Space Technology during the first year of the 2nd term of the Modi Government, Dr Jitendra Singh stated that the Modi Government’s ‘Atmanirbhar Bharat’ roadmap towards self-relied India, as spelt out by Finance Minister, envisages the initiative to boost private participation in Space activities.
Raksha Rajya Mantri Shri Shripad Naik has said that India has emerged as a key global power driven by the impressive economic growth backed by its longstanding moral leadership on core humanitarian and geographical issues. He was addressing a two-day digital conference on the defence & aerospace manufacturing sector ‘Defence Conclave 2020, Gujarat’ via video conferencing, which is being jointly organised by Confederation of Indian Industry (CII) Gujarat and Society of Indian Defence Manufacturers (SIDM).
India has requested a quick delivery of missiles, ammunitiion and assault rifles from Russia under the emergency purchase route during a visit by a top delegation to Moscow led by Defence Minister Rajnath Singh. The requests which include spares for the army are believed to have been looked at positively by Russia, with an assurance with an assurance that quick deliveries would be made, considering the tense situation on the border with china.
Raksha Mantri Shri Rajnath Singh reviewed India-Russia defence cooperation with Mr. Yury Borisov, Deputy Prime Minister of Russian Federation in Moscow. Mr Borisov is the co-chair of the Inter-Governmental Commission with India on Trade & Economic & Scientific Cooperation. He also co-chairs with Raksha Mantri the High Level Committee on Science & Technology. Their discussions on bilateral cooperation and regional issues were very positive and productive.
India and china have increased their nuclear arsenal over the last year according to the stockholm international peace Research Institute. The swedish think tank that researches on conflict armaments and arms control also pointed out that chine is significantly modernising its nuclear arsenal. China and Pakistan have more nuclear warheads as compared to India, according to the SIPRI Yearbook 2020.
The Ministry of Defence (MoD) has extended the delivery period for all existing capital acquisition contracts with the Indian vendors by four months due to supply chain disruptions arising out of COVID-19 pandemic. An order to this effect has been issued by the acquisition wing of the Ministry, duly approved by Raksha Mantri Shri Rajnath Singh. It states, “Force Majeure shall be applicable for a period of four months i.e. 25th March 2020 to 24th July 2020.” The order adds, “Duration of this Force Majeure will be excluded while calculating the delay in delivery of contracted equipment/service and imposition of Liquidated Damages charges.”