12/27/2021

Raksha Mantri lays the foundation stone for Defence Technology and Test Centre and BRAHMOS Manufacturing Centre of DRDO in Lucknow

Raksha Mantri lays the foundation stone for Defence Technology and Test Centre and BRAHMOS Manufacturing Centre of DRDO in Lucknow
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.
11/30/2021

From deals to pacts, expansive India-Russia defence agenda next month

Tribhuvan Darbari, MD & CEO Texmaco Defence Systems Pvt. Ltd. (Adventz Group) said that there is a huge scope for prospective and additional manufacturing of Russian military equipment in India within the concept 'Make in India'. Tribhuvan Darbari further said that India and Russia have shared a mutually beneficial relationship based on trust and friendship honed over 70 years now and the ties between both the countries are strong enough to navigate through complexities and pressure.
11/22/2021

India To Soon Manufacture 90 Percent Of Defence Products It Needs: Rajnath Singh

Defence Minister Rajnath Singh on Friday said India will soon be manufacturing 90 per cent of the defence products it needs within the country and by 2024-2025, it will also export such products worth USD 5 billion. Tribhuvan Darbari, MD & CEO Texmaco Defence Systems Pvt. Ltd. said that under the leadership of Hon'ble Prime Minister of India Shri Narendra Modi & Hon'ble Minister of Defence Shri Rajnath Singh, the Indian Government has tried to boost the 'Make in India' policy in defence manufacturing.
11/17/2021

Why S-400 Triumf Missile System is so Important for India?

Tribhuvan Darbari MD & CEO Texmaco Defence Systems says that the purchase of the S-400 Triumf Missile System has also become the center of debate because of the possibility of India being sanctioned by the United States (US) under the Countering America's Adversaries Through Sanctions Act (CAATSA).
11/15/2021

Defence Ministry issues new list of firms with whom dealings have been suspended or put on hold

Defence Ministry issues new list of firms with whom dealings have been suspended or put on hold The Ministry of Defence on Sunday issued a new list of firms with whom dealings have been suspended or put on hold or restricted procurements.
11/08/2021

Military purchases worth ₹7,965 crores cleared in Make-in-India push

Tribhuvan Darbari, MD & CEO Texmaco Defence Systems Pvt. Ltd. said that the move will finally pave the way for the replacement of the ageing Cheetah and Chetak fleet of choppers. Tribhuvan Darbari further added that even though the Cheetah and Chetak choppers are old and prone to crashes and high maintenance, they are a crucial lifeline for the armed forces, especially in high-altitude areas like the Siachen Glacier.
08/20/2021

Making India energy-independent by 2047

Indian enterprise is at the edge of the energy transition. Indian policy must support it with clearer pathways. On 15th August 2021– the 75th anniversary of […]