Target to raise India's defence exports to USD 2 billion: Manohar Parrikar
Defence Minister Manohar Parrikar on Saturday said the government will take into account the concerns while forging strategic partnership in the critical sector and set a target to raise India's defence exports to USD 2 billion in the next two years from the current over USD 330 million.
May 14, 2016, 16:33 PM ISTManohar Parrikar allays fears of firms on strategic partnership move
Defence Minister Manohar Parrikar has sought to ally fears expressed by domestic and foreign defence firms that only big companies might get benefit from the proposed strategic parnership move of the government in critical segments like submarines, aircraft and missiles.
Jan 12, 2016, 16:53 PM ISTHow India plans to change its defence acquisition process
In a move that will change India's defence acquisition process, government plans to enter into "strategic partnership" with domestic private firms in six critical areas, replacing the system of awarding contracts to lowest bidder.
Sep 12, 2015, 16:18 PM IST