Last Updated : Mar 23 2019 8:36AM     Screen Reader Access
News Highlights
BJP releases second list of candidates for Lok Sabha polls            J&K: Eight terrorists killed in counter-terror operations            ED slaps over Rs 14 lakh penalty on Hurriyat leader Geelani            CBDT refutes media reports on alleged payoff to BJP leaders            Death toll rises to 64 in China chemical plant explosion           

National News

Feb 20, 2019

Defence Minister invites investments in aerospace

Defence Minister Nirmala Sitharaman has invited investors to capitalize on the ecosystem in aerospace and other sectors in India which offered a big market for Defence manufacturing. 

In her inaugural remarks at the Aero India 2019, at the Yelahanka air base in Bengaluru, Mrs Sitharaman made a strong pitch for Make in India. She referred to a slew of initiatives taken by the government, including permitting 100 per cent Foreign Direct Investment in Defence manufacturing. 

She said, during the last four years, 150 contracts worth about one lakh 27 thousand 500 crore rupees have been signed with the Indian vendors for procurement of defence equipment for the armed forces.
The  Defence Minister said 275 items of ordnance production are denotified for the private industries to take over. She said India today is producing Light Combat Aircraft, Light Combat Helicopter, Advanced Light Helicopter and Boeing parts within the country. 

She added that India has exported the advanced light helicopter to Nepal, Maldives and Mauritius and Cheetal helicopter to Afghanistan. She said that Original Equipment manufacturers are keen on setting up manufacturing units in the country. 

Speaking on the occasion, the Civil Aviation Minister Suresh Prabhu informed that Aviation sector has grown by 20 percent in the last four years in the country. 

Chief Minister of Karnataka H D Kumaraswamy, Chiefs of the three wings of Defence forces and other dignitaries were present.

   Related News

Live Twitter Feed

Listen News

Morning News 23 (Mar) Midday News 22 (Mar) News at Nine 22 (Mar) Hourly 23 (Mar) (0605hrs)
समाचार प्रभात 23 (Mar) दोपहर समाचार 22 (Mar) समाचार संध्या 22 (Mar) प्रति घंटा समाचार 23 (Mar) (0600hrs)
Khabarnama (Mor) 22 (Mar) Khabrein(Day) 22 (Mar) Khabrein(Eve) 22 (Mar)
Aaj Savere 23 (Mar) Parikrama 22 (Mar) Lok Ruchi Samachar 17 (Mar)

Listen Programs

Market Mantra 22 (Mar) Samayki 22 (Mar) Sports Scan 22 (Mar) Spotlight/News Analysis 22 (Mar)
    Public Speak

    Country wide 21 (Mar) Surkhiyon Mein 21 (Mar) Charcha Ka Vishai Ha 20 (Mar) Vaad-Samvaad 19 (Mar) Money Talk 19 (Mar) Current Affairs 22 (Mar)