India, already the world's largest weapons importer, plans to invest $200 billion over the next decade to transform and modernize its military. In his recent visit to Washington, Indian Prime Minister Narendra Modi signed India up to buy more U.S. defense equipment, including additional heavy armored vehicles, drones and fighter...
Bharat Electronics India and Thales JV to Manufacture Radars
The joint venture formed by Bharat Electronics Ltd. (a defense public sector undertaking, part of the Indian Ministry of Defense) and Thales, the French defense major, for the manufacture of Air Traffic Management Radars for both civilian and defense markets, has started production for the Indian Air Force. Bharat Electronics...
India companies rise on Defense News 100 list
With 2009 sales of just about $2 billion, India's state-owned Hindustan Aeronautics Ltd, moved up seven ranks to #41 on the Defense News Top 100 list of companies this year. The other Indian company on the list also moved up, twelve ranks from #74 to #62. State-owned Bharat Electronics Ltd,...