Defence Procurement Policy

The Defence Procurement Policy has made it easier for Indian companies to operate in the defence space, said Vernon Noronha, VP-Defence & Government Business, Tata Motors.

Govt to unveil new defence policy on Mar 28, effective Apr 1

The Defence Acquisition Council, the apex body in the Ministry of Defence, today said it had approved the Defence Procurement Policy (DPP) 2016, which will come into effect from April 1, 2016.

Govt to take up Defence Procurement Policy today

It has been delayed due to several reasons and as a result of which not many foreign investors have shown interest in investing in Indian joint ventures

79 units in production stage since defence opened for pvt

"Out of the 319 licences issued to 190 companies, 79 licences of 50 companies have entered production stage," Defence Secretary (Production) A K Gupta said at the 'Make in India' week here today, adding most of these were operational for the past 18 months or so.

Parrikar says new defence procurement policy is 'well-balanced'

In an interview with CNBC-TV18, Union Defence Minister, Manohar Parrikar said the new defence procurement policy is a well balanced policy and is confident that 2016 will prove to be a game changer as far as the new policy is concerned.

New defence procurement policy gets thumbs up

The new defence procurement policy is mainly to make defence procurement transparent and also promote the domestic industry.

New defence procurement policy comes into force

A new defence procurement policy came into force on Saturday which aims at enhancing transparency and in military purchases. Terming defence acquisition as a "complex" process, the defence minister said, it needs to balance the competing requirements of expeditious procurement.

Level playing field, no politics in defence deals: Antony

Promising a level playing field for all firms in defence deals, Defence Minister A K Antony today asked them to refrain from corrupt practices and ruled out any question of political interference in military acquisitions.

Catching the Slipstream: The defence offsets scene in India

‘Offsets’ are a good way to nurture India’s defence manufacturing strength. When they begin to work.