Category — Defense/ Security

India Increases Defense Budget by 10.9 Percent

IHS Jane’s reports that India has announced a core defense budget of $41.1 billion for fiscal year 2015-16.  Total defense spending, including expenses for military pensions, will rise to  Rs 3 trillion.

The figure is a 7.7% increase over the initial 2014-15 budget announced by the previous Congress Party-led government in February 2014, or a 10.9% increase over the revised budget announced by Prime Minister Modi’s government in July 2014.

The first full budget presented by Modi’s government since it took charge in May 2014 saw core defense spending decline to 1.75% as a percentage of GDP for the second consecutive year.

Officials told IHS Jane’s that this year’s defense budget was among the lowest against GDP since 1962.

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter

May 6, 2015   No Comments

India to Float Tender for 100 Naval Utility Vehicles

Defense-Aerospace reports that eleven of India’s private sector companies among which are Tata Advanced Systems, Bharat Forge, Mahindra Aerospace, Reliance Defense & Aerospace and L&T, have responded with proposed joint ventures for the co-development of three types of foreign helicopters – AS565 MBe of Airbus, Bell Helicopters-429 and Super Lynx 300 of AgustaWestland. The armed forces are planning to acquire over 1,000 helicopters of different types in the next 10-15 years, thereby creating a “Make in India” business opportunity for an estimated $2 billion in the country’s aerospace sector.

A tender for the purchase of over 100 naval utility vehicles for the navy is currently being vetted. The Army and Indian Air Force require 384 light-utility helicopters, and the navy is looking for anti-submarine warfare with torpedoes and missiles.

Officials say the ‘Buy & Make (Indian)’ categorization of the light-utility helicopters has the potential to generate $ 6.4 billion  worth of business to the domestic industry.

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter

May 6, 2015   No Comments

U.S. to Support India’s Purchase of U.S Aircraft Carrier Technology

Defense Undersecretary Frank Kendall, who heads a joint U.S.-India defense trade and technology effort, told Reuters that he was optimistic about the two countries’ efforts to cooperate on a planned aircraft carrier for India.

“I’m optimistic about cooperating with them on that,” Kendall said in an interview, when asked about the possibility of India acquiring the Electromagnetic Aircraft Launch System built by privately held General Atomics, based in San Diego, California.

India has expressed the desire to use the U.S. technology which enables jets launch off a flat deck at a faster rate and with less fatigue to the aircraft. This acquisition will also boost the range and potency of a planned aircraft carrier, and it is a move that would deepen cooperation between both countries.

Kendall said that a new working group led by Rear Admiral Thomas Moore from the U.S. side and Rear Admiral-select Surendra Ahuja from India would look into the issue.

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter

May 6, 2015   No Comments

India’s Junior Minister for Defense Promotes J.V.s with Foreign Companies

 Speaking at an aerospace and defense symposium in Delhi, India’s junior minister for defense Rao Inderjit Singh said, “There are huge opportunities for collaboration and creation of joint ventures in the defense electronics sector in India. However, the window of opportunity must benefit from big ticket acquisitions and offset opportunities,” and that India was fast emerging as a center for design and engineering services and companies in the global aviation industry were looking for opportunities to work with and outsource aerospace and defense products to domestic companies.

Rao Inderjit Singh

Rao Inderjit Singh

The Economic Times reports that the minister further added that government-owned undertakings and ordinance factories have played a critical role in building a domestic industrial base in this sector, and there is a small but growing number of medium and large private companies that have already entered or, are seriously evaluating entry into the market.

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter

May 6, 2015   No Comments

India Leads in Import of Unmanned Aerial Vehicles

Based on data related to imports/exports of drones between 1985 and 2014, India tops the list of drone-importing nations with 22.5 percent of the world’s unmanned aerial vehicle (UAV) imports says a report on SiliconIndia News. These pilot-less aerial vehicles are used for reconnaissance, surveillance, intelligence gathering and aerial combat missions.

The data has  from the  Stockholm International Peace Research Institute, shows that Israel is the leading exporter , having shipped 783 drones since 1980, accounting for 61percent of all drones sold. The U.S., with a 24 percent of UAV exports, ranks second, followed by Canada with 6.4 percent.

India’s first UAV delivery came from Israel’s IAI  in 1998.  Of India’s 176 UAVs, 108 are Searcher  reconnaissance  aircraft (called Meyromit in Israel) s and remaining  68 are medium-altitude long-endurance  Herons.  American companies are eager to enter India’s lucrative UAV market.

Share:
  • del.icio.us
  • Facebook
  • LinkedIn
  • Twitter

May 4, 2015   No Comments