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More progress on the defence deal is anticipated during German Chancellor Olaf Scholz's visit to India in the latter half of October
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India and the United States agreed to strengthen cooperation in high technology areas during a visit by White House National Security Adviser Jake Sullivan
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This will necessitate an alteration of the capital clause in the company's Memorandum of Association, pending shareholder approval at the Annual General Meeting (AGM)
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The report stated that the revenue of the 25 private aerospace and defence companies will surge by 20 per cent to approximately Rs 13,500 crore during the current fiscal year
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He was addressing the Capstone Seminar organised jointly by the Indian Air Force, the College of Air Warfare and the Centre for Air Power Studies
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The requirement for third-generation ATGMs has been there for a long time and attempts to acquire the weapon systems through a global route have not been successful
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The SIPRI report notes that India has added eight nuclear warheads in the past year, increasing from 164 to 172, while Pakistan's stockpile remains at 170
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The key points that were highlighted in the fact sheet were Significant Funding Commitments, NASA-ISRO Collaboration, Defence Space Technology, Telecommunications Advances, Semiconductor Partnership and Quantum and AI Cooperation amongst many others
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According to HAL's regulatory filing, the Ministry of Defence aims to procure 156 Light Combat Helicopters, with 90 designated for the Indian Army and 66 for the Indian Air Force
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In the five-hour-long meeting, Shah emphasised that the Modi administration is dedicated to setting a precedent by tackling terrorists with innovative strategies
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