Stage set for modernisation of Infantry small arms
India on February 1 announced an allocation of 3,18,931.22 Crore ($44.63 Billion) for Defence in its interim budget for 2019-20, which was presented to Parliament by the officiating Finance Minister Piyush Goyal in New Delhi ahead of the general elections in April-May this year.
Currently manufacturing K9 Vajra-T howitzers, L&T seeks to make tanks & combat vehicles at this facility
From a game-changing missile-firing drone to an Inter-Continental Ballistic Missile (ICBM), key new weapons this year will give India more military muscle, and generate fresh options for the politico-military leadership to address threats.
Interaction of Jayant Baranwal, Editor-in-Chief of SP’s Land Forces with the Chief of the Army Staff (COAS) General Bipin Rawat
'It's the Micro, Small and Medium Enterprises (MSMEs) which are the real power sectors and government is ready to support and ease the complexities in the defence procedures', said the Defence Minister, during the joint seminar on 'Opportunities for MSMEs in Defence Sector', organized by FISME in association with SP Guide Publications.