During U.S. defense secretary Ashton Carter’s recent visit to India, in a joint press conference along with India's defense minister Manohar Parrikar it was agreed “in principle” to conclude a defense agreement that involves providing each other’s militaries with logistic support covering fuel, spares and repairs on a reimbursable or...
India Releases New Defense Procurement Procedure
India’s Minister for Defense, Manohar Parrikar released the latest Defense Procurement Procedure (DPP) which seeks to simplify and speed-up defense purchases. Parrikar said the new policy “will boost the Make in India initiative, and will come in to effect from April 1.” (DPP) 2016 is geared toward partnership with Indian...
India’s Defense Acquisition Council Approves Major Policy Changes
India’s Defense Acquisition Council, the top decision-making body of the Defense Ministry, has approved major policy changes that include increased offset baselines, reduced delays in procedures, and emphasis on local production. Accordingly, in the new Defense Procurement Policy, threshold contract value for which offsets are mandatory has been revised from...
U.S. Updates Technology Transfer Policy with India
One of the results of the meetings between U.S. Defense Secretary Ash Carter and India’s Defense Minister Manohar Parrikar earlier this month was that the U.S. has updated its policy on gas-turbine engine technology transfer to India to expand cooperation in production and design of sensitive jet engine components. Carter...
India’s Navy Accepts another Boeing P-8i Reconnaissance Aircraft
India’s Defense Minister Manohar Parrikar flew in to INS Rajali, Arakkonam, India’s premiere Naval Air Station in southern India, approximately 43 miles from Chennai on board a Boeing P-8I from Port Blair the capital of the Andaman and Nicobar Islands, a union territory of India. The minister described the long...
Modi Government Signed 18 Contracts for $20.1 Billion in its First 9 Months
The Defense Ministry of India has signed 18 international contracts worth $20.1 billion between May 2014 and February 2015. The contracts were signed with armaments manufacturers from USA, Russia, the UK, Israel, Germany and France reports Defense World. “Defense Procurement Procedure details direct dealing with the original equipment manufacturers, authorized...