Govt lends USD 500 million to Bangladesh to fund defence procurement
Bangladesh is seeking to diversify its military arsenal given that more than 90% of its equipment is of Chinese origin. The current strategy is based on fears of being trapped in a full-blown conflict with Myanmar, which enjoys China’s backing over the Rohingya issue.
Dec 07, 2019, 10:08 AM ISTRajnath Singh clears panel to review defence procurement in big push to 'Make in India' initiative
The committee will revise and align the procedures with the aim of ensuring a seamless flow from asset acquisition to life cycle support, a Defence Ministry release said.
Aug 17, 2019, 16:25 PM ISTDefence procurements worth Rs 1850 crore approved by DAC
The DAC approved the acquisition of essential quantity of Infantry Combat Vehicle.
Feb 21, 2018, 08:00 AM ISTMajor changes in Defence procurement rules, priority to indigenously manufactured equipment
Priority will be given to indigenously designed, developed and manufactured defence equipment from henceforth, as per a media report.
Jan 11, 2016, 21:53 PM IST