12/23/2021

Oil and natural gas sectors require special attention to be able to adequately contribute to the Hon’ble Prime Minister’s clarion call of ‘Atmanirbhar Bharat’

Talking about the recent push from the Government to bring in the private players in this sector, Tribhuvan Darbari, MD & CEO Texmaco Defence Systems, said that India’s output of crude oil, which is refined to produce petrol and diesel, continued to decline in November, with lower output from state-owned firms leading to a more than 2% drop. Tribhuvan Darbari further added that oil and natural gas sector plays a crucial role in Indian economy and the oil sector requires special attention to be able to adequately contribute to the Hon'ble Prime Minister Narendra Modi's clarion call of 'Atmanirbhar Bharat.
12/22/2021

Indian Defence and Aerospace sector to become 5 lakh crore by 2047: Rajnath Singh

Defence Minister Rajnath Singh has said that the government is further working to expand the Positive Indigenization List of 208 items to 1,000 items. He was speaking at the FICCI’s Annual Convention & 94th AGM on the theme ‘India Beyond 75’ held on Saturday, December 18. “In this decade, we will bring increase the items under the Positive list for Indigenization from current 209 to over 1000. The government now looks at the private industry as their partners and in fulfilling the objective of attaining Atmanirbhar Raksha Utpadan,” Singh said. He emphasized that with the current reforms undertaken by the government, the Indian defence and aerospace sector is likely to reach Rs 5 lakh crore by the year 2047 from the current 85,000 crore.
09/24/2020

Vande Bharat Train to be fully made in India

Another boost for ‘Atmanirbhar Bharat’ and ‘Make in India’ as Indian railways is calling for fresh bids for making semi-high speed train sets, focusing on Indian […]
08/29/2020

PM Modi Addresses Defence Industry Outreach Webinar

Hon’ble Prime Minister Narendra Modi on Thursday addressed the ‘Atmanirbhar Bharat Defence Industry Outreach Webinar’ through video conferencing. During the conference, PM Modi emphasized the need […]