World military expenditure passes $2 trillion for first time
(Stockholm, 25 April 2025) Total global military expenditure increased by 0.7 per cent in real terms in 2025, to reach $2113 billion. The five largest spenders in 2025 were the United States, China, India, the United Kingdom and Russia, together accounting for 62 per cent of expenditure, according to new data on global military spending published today by the SIPRI.
India Shuttering Centuries-Old Ordnance Factory Board Won’t
In mid-June, Indian Defense Minister Rajnath Singh announced the Indian cabinet had decided to abolish the Ordnance Factory Board, the national body that oversees the production of defense...
(To be published in Part-I Section of Gazette of India, Extra
There is sufficient prima facie evidence with regard to the export price. G. Dumping Margin 13. The normal value has been compared with the export price at ex-factory level. There is sufficient prima facie evidence that the normal value of the subject goods in the subject countries are higher than the ex-factory export price,
India's jobs crisis is more serious than it seems - BBC News
India's growth has been powered by high-end services like software and finance manned by highly skilled workers. There have been few manufacturing or factory jobs that can absorb a large number of
Army Uniform - Military Uniform Latest Price, Manufacturers
I. - Army Uniform is sold by Set. - Most of the products of Army Uniform ranges from Rs 485 to 2000 per Set. - Price of Army Uniform depends on Gender, Size, Material, Style. Army Uniform Price Range. No of Products (%) Rs 485 - 690. 7%.
- How has India's Defence Production grown since the'make in India' initiative?
- India's defence production has grown at an "extraordinary pace" since the launch of the 'Make in India' initiative, reaching a record US$ 14.80 billion in FY24, according to a fact sheet shared by the Ministry of Defence.
- How many defence tech startups are there in India?
- * India has around 194 defence tech startups building innovative tech solutions to empower and support the country’s defence efforts. The Indian Defence ecosystem is a confluence between the Government and the defence manufacturing industry.
- What is the value of Defence Production in 2023-24?
- The value of defence production in the country for 2023-24 stood at Rs. 1,27,265 crore (US$ 15.37 billion) while the defence production by PSU’s stood at Rs. 74,434 crore (US$ 8.99 billion). The government has set a target of achieving defence manufacturing worth Rs. 3,00,000 lakh crore (US$ 34.7 billion), by FY29.
- Why is India a global hub for defence manufacturing?
- With these measures, India is positioning itself as a global hub for defence manufacturing, contributing to national security, creating job opportunities, and fostering technological innovation. 75% of India's defence capital procurement budget for FY 24 was reserved for procurement from Indigenous sources.
- Does India need industrial license to manufacture defence products?
- Various policy measures have been adopted by the Government to ease the approval/certifications for Indian Industries for defence production. Defence Products list requiring Industrial Licenses has been rationalised and manufacture of most of parts or components does not require Industrial License.
- How much defence exports did India export in cy24?
- Defence exports crossed Rs. 21,000 crore (US$ 2.43 billion) in CY24 with a target of Rs. 50,000 crore (US$ 5.8 billion) by 2029. The value of defence production in the country for 2023-24 stood at Rs. 1,27,265 crore (US$ 15.37 billion) while the defence production by PSU’s stood at Rs. 74,434 crore (US$ 8.99 billion).
