Category Archives: News

Su-30 MKI aircraft to have indigenous Multi-Function Displays

India’s Samtel HAL Display Systems (SHDS), a joint venture between Samtel Avionics and Hindustan Aeronautics Limited (HAL) has handed over about 1,000 units of indigenously manufactured multi-function display (MFD) to HAL for installation in India's frontline Sukhoi 30 MKI fighter aircraft. Source:http://economictimes.indiatimes.com/news/defence/1000-multi-function-displays-for-sukhoi-30-mki-handed-over-to-hal/articleshow/52905389.cms
Read more

Centum Electronics acquires 51% stake in France’s Adetel Group

India’s Centum Electronics has acquired 51 percent controlling stake in France’s Adetel Group, with an option to increase it further at a future date. The deal would help Centum Electronics to accelerate growth, fill product portfolio gaps, improve market position, benefit from the use of even more advanced technology and establishing a wider, more international…
Read more

Russian made INS Sindhuvir to undergo refit

  Indian Navy’s Sindhughosh class submarine INS Sindhuvir will undergo refit at the Hindustan Shipyard Limited (HSL) from January 2017. The order for complete repairs is estimated at Rs.400 crores. Source:http://www.thehindu.com/news/cities/Visakhapatnam/ins-sindhuvir-to-undergo-refit-at-hsl/article8754664.ece  
Read more

India agrees to 100% FDI in defence via govt approval

India has permitted foreign companies to own as much as 100% equity in the local defence sector for modern and state of the art Technology through the government approval route. Till now the Foreign Direct Investment (FDI) regime permits foreign companies to own 49% in Indian units through the automatic approval route. FDI limit for…
Read more