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Rajnath Stresses on Need of Continuous Modernisation of Military

The Indian defence industry has the potential to develop quality and cost-effective equipment, the Defence Minister said, reports Asian Lite News

Defence Minister Rajnath Singh on Saturday emphasised the need for continuous modernisation of armed forces in the rapidly changing global security environment and said that the public and private sectors, academia and research and development organisations provide solutions to these problems.

He said this while inaugurating the first operationalized private sector defence manufacturing facility in Uttar Pradesh Defence Industrial Corridor (UPDIC) in Lucknow.

“The Indian defence industry has the potential to develop quality and cost-effective equipment which will not only bolster national security, but export the military hardware to the world. Companies like PTC Industries Limited can play an important role in this,” he said.

The facility, run by Aerolloy Technologies, a wholly owned subsidiary of PTC industries, will manufacture parts for Aircraft Engines, Helicopter Engines, Structural parts for aircrafts, Drones and UAV, Submarines, Ultra-Light Artillery Guns, Space Launch Vehicles and Strategy Systems.

The Defence Minister also laid the foundation stone for an integrated metal manufacturing facility under PTC industries that will produce key raw materials in Titanium and other exotic alloys for aerospace applications.

This plant will significantly reduce the country’s dependence on imports for all platforms which require Titanium and Nickel Super Alloys and help in building a strong and Atmanirbhar Bharat.

Defence Minister Rajnath Singh applauded PTC Industries Limited as an example of how in today’s competitive environment a company can be successful through adoption of technology and said that the two units will prove to be major milestones in the path of self-reliance in defence in the times to come.

He added that UPDIC and the units are a result of the vision of Prime Minister Narendra Modi for an ‘Aatmanirbhar Bharat’.

He appreciated the fact that PTC supplies products to renowned companies in India and abroad, contributing to the Government’s vision of transforming India into a net defence exporter.

On PTC obtaining the clearance certificate of critical On-line Fittings (OLFs) for defence applications from the Ministry of Defence recently, Rajnath Singh said, the clearance will prove to be a big step in ‘Make in India’ and achieving self-reliance in defence manufacturing.

Terming the inauguration of the unit as a shining example of the strong public-private partnership, he asserted that the Government is taking forward the vision of former Prime Minister late Atal Bihari Vajpayee who believed in the continuous & increased private sector participation for the development of the nation.

Reaffirming the Government’s resolve of ‘Make in India and Make for the World’, Rajnath Singh listed out a series of measures undertaken to achieve self-reliance in defence, including earmarking around 64 per cent of its modernisation funds under capital acquisition budget for 2021-22 for procurement from domestic companies; notifying two positive lists of over 200 items to increase exports and Defence Acquisition Procedure 2020, setting up of Defence Industrial Corridors in UP and Tamil Nadu; free Transfer of Technology of DRDO and Innovation for Defence Excellence (iDEX) initiative.

The Defence Minister added that all efforts are being made to provide a suitable growth environment to the private sector.

“We have opened up opportunities to build a Mega Defence Programme, including fighter aircraft, helicopters, tanks and submarines through a strategic partnership model which will help our private companies grow in stature and become global giants in the times to come.

Recently, Rs 22,000 crore contract was signed for transport plane ‘C-295 and most of these planes will be made in India in collaboration with the country’s industry, the Defence Minister said

He said as the nation is currently celebrating Azadi Ka Amrit Mahotsav, this is an opportunity to give a fresh impetus to our resolve to Make in India and Make for the world.

He noted that the Armed Forces have also supported the drive for Aatmanirbharta in Defence.

Rajnath Singh stated that all these initiatives by the government have resulted in an increase in the number of contracts being awarded to the indigenous defence industry.

This includes the recent LCA Tejas contract of about Rs 50,000 crore given to Hindustan Aeronautics Limited.

He stressed that from prioritising procurement from Indian-IDMM (Indigenously Designed, Developed and Manufactured) categories to supporting R&D, the Government is striving to harness technology through active engagement with industry, academia, technology providers, equipment manufacturers and quality controllers.

The Defence Minister underlined that the steps undertaken by the Government have started to bear fruit.

“In the last seven years, our defence exports have crossed the mark of Rs 38,000 crore and more than 10,000 SMEs have joined in the defence sector. Research and development, startup, innovation and employment have also increased as a result of these policies,” he added.

Underscoring the importance of learning from the past and working on the present for an empowered future, Rajnath Singh exhorted the private industry to carry out in-house R&D or with academia, making full use of the Government’s policies and stay ahead in the race of development of state-of-the-art technology.

He also urged them to make the local community a partner in their success by adopting local ITI, apprenticeship programme, schools and hospitals. This will be a true contribution to society and the country, he said.

The Defence Minister expressed confidence in increased investments by private companies in the near future and hoped that the city of Lucknow and the state of Uttar Pradesh will make a mark in the manufacturing domain of defence and aerospace sector. (India News Network)

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UK forges closer defence, security ties with India

Foreign Secretary Liz Truss will progress talks to ramp up defence and security ties and boost strategic cooperation in the Indo-Pacific region, reports Asian Lite News

Foreign Secretary Liz Truss is forging stronger UK security and defence links with India on her visit to the country, as she visits HMS Queen Elizabeth in Mumbai today.

The ship is the spearhead of the Carrier Strike Group (CSG), a symbol of the UK’s world-leading defence capability, whose visit to Mumbai is a clear sign of UK’s growing defence and maritime co-operation with India. While in India the CSG is taking part in the most demanding exercise ever between undertaken between the UK and India, involving all three military services.

During her visit the Foreign Secretary will progress talks to ramp up defence and security ties and boost strategic cooperation in the Indo-Pacific region. It will take forward joint work agreed by the Prime Minister and Indian Prime Minister Modi in the landmark 2030 Roadmap on maritime security, cyber security and counter terrorism signed earlier this year.

She will also discuss developing innovative security and defence tech with the Indian government to tackle common threats and will talk through strengthening defence-related trade between the two countries.

The Foreign Secretary sees developing this security and defence relationship with India, the world’s largest democracy, as a key part of the UK’s Indo-Pacific tilt. She wants to strengthen such links with fast-growing economies and like-minded partners in the region and build “a network of liberty” around the globe. The Foreign Secretary sees India as essential in ensuring a free, open, inclusive and prosperous Indo-Pacific.

“Closer defence and security partnerships between the UK and India underpin deeper economic ties and make both countries, as well as the wider region, safer,” said Truss. “We need to protect our sea and trade routes and, operating from a position of strength, be hard-headed in defending our interests and challenging unfair practices.”

“The arrival of the Carrier Strike Group in India this weekend represents the UK’s Indo-Pacific tilt in action. This is a true symbol of Global Britain, working closely with like-minded partners like India,” she added.

The Foreign Secretary will join the Queen Elizabeth Carrier at sea to tour the vessel and observe live exercises involving UK and US F35B fighter jets.

Chief of Defence Staff Sir Nick Carter is also visiting Mumbai to see the Carrier Strike Group in action. He joined his Indian counterpart General Bipin Rawat in Delhi to discuss regional security and laid a commemorative wreath at the National War Museum.

“A strengthened partnership with India is a key pillar of the UK’s tilt to the Indo-Pacific. Our Carrier Strike group visit represents an important step towards our goal of establishing a maritime partnership with India in support of mutual security objectives in the Indian Ocean,” said Defence Secretary Ben Wallace.

Truss will also visit the Taj Mahal Palace Hotel in Mumbai today to lay a wreath at the memorial for those killed in the 2008 terrorist attacks.

This evening, she will welcome senior business leaders and guests from the world of education, film, sport and politics onto HMS Defender, a Type 45 Destroyer, where the UK will showcase its world-leading tech and innovation in defence, healthcare, science and climate.

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Committed to equip forces with latest machinery: Rajnath

Rajnath pointed out that global security concerns, border disputes and maritime affairs had forced the world to focus on military modernisation….reports Asian Lite News

The government is committed to modernise the armed forces and equip them with latest machinery to deal with any challenge, Defence Minister Rajnath Singh said in Monday.

He pointed out that global security concerns, border disputes and maritime affairs had forced the world to focus on military modernisation.

Developing new technologies indigenously was the need of the hour, Singh said at the Felicitation Ceremony of ‘Dare to Dream 2.0’ Award Winners & Young Scientists of the Defence Research and Development Organisation (DRDO) in New Delhi.

He added that the vision of ‘Aatmanirbhar Bharat’ was to ensure that advanced technologies are developed domestically.

“It is extremely important not just for strengthening national security but also ensuring overall development of the country,” said the Defence Minister.

He gave away awards to 40 winners – 22 in the Individual category and 18 in the Startup category. He also launched ‘Dare to Dream 3.0’ to promote innovators & startups and provide a platform for the young ignited minds in the country.

He also gave away the DRDO Young Scientists awards for the year 2019. Sixteen DRDO scientists, under the age of 35 years, were awarded for their outstanding contribution in areas of their expertise.

Saying that India was one of the oldest countries in experience & culture and the youngest with about 60 per cent of the young population, he encouraged the youth to observe, learn & create new innovations and play their part in taking the country to greater heights.

Singh lauded the DRDO for playing a central role in the Government’s efforts of achieving self-reliance in defence manufacturing and contributing immensely in enhancing the capacity & capability of the Armed Forces even in the rapidly changing geo-political situation.

The recent contracts and induction of Light Combat Aircraft (LCA) Mk-1A, Main Battle Tank Arjun Mk-1A and Medium Range Surface to Air Missile system are some noteworthy contributions, he said.

“DRDO is not only trying to match the capabilities of technologically advanced countries, but is also equally engaged in innovation of new technologies. The new generation programmes of DRDO will upgrade our Armed Forces in future as well,” the Defence Minister hoped.

Three products/systems indigenously developed by DRDO were also handed over to the Armed Forces. These are:

ARINC818 Video Processing and Switching Module

The module, developed for the Indian Air Force, was handed over to the Vice Chief of Air Staff Air Marshal Sandeep Singh. It is a state-of-the-art module with high bandwidth, low latency, channel bonding, easy networking and will cater to 5th generation aircraft development programmes.

Sonar Performance Modelling System Developed for the Indian Navy, the system was handed over to Vice Chief of Naval Staff Vice Admiral Satish Namdeo Ghormade. It is useful for Indian Naval ships, submarines and under water surveillance stations etc.

Bund Blasting Device Mk-II

The device, developed for Indian Army, was handed over to the Vice Chief of Army Staff Lt Gen CP Mohanty. It is used to reduce the height of Ditch-cum-Bund obstacles to enhance the mobility of mechanised infantry during wartime.

Singh also released two policy documents of DRDO – Directed Research Policy and Records Management Policy 2021.

Directed Research Policy provides framework for establishment of Advanced Technology Centres and Research Cells in academic institutes for focussed research on identified subjects such as futuristic surveillance and defensive and offensive capabilities.

‘Long Term Directed Research Policy’ was recently approved by the Government to support & provide impetus to outcome and application oriented directed research in collaboration with academia. The Records Management Policy aims to further strengthen the records management activities of DRDO. (India News Network)

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India, US To Expand Defence Ties With Regional Partners

While discussing increasing military cooperation between their countries, they considered priorities in new defence areas like space, cyber, and emerging technologies, reports Arul Louis

India’s Chief of Defence Staff, General Bipin Rawat has met with US Defence Secretary Lloyd Austin and discussed expanding multilateral cooperation with regional partners, according to Defence Department Spokesperson John Kirby.

He said at their meeting on Thursday, Austin underscored the US commitment to supporting the Indian Armed Forces’ “transition toward greater institutional integration and operational jointness”.

That refers to the ability of the armed forces and their equipment to operate together.

While discussing increasing military cooperation between their countries, they considered priorities in new defence areas like space, cyber, and emerging technologies, he said.

“They also discussed opportunities for expanding multilateral cooperation with regional partners,” he said.

US Secretary of Defence Lloyd Austin

“This historic meeting highlights the enduring strength of the US-India Major Defence Partnership as the two countries work in concert with like-minded partners to sustain a free and open Indo-Pacific,” Kirby said.

Rawat’s first visit to the Pentagon came a week after a meeting between Prime Minister Narendra Modi and US President Joe Biden and the Quad summit of Modi, Biden and Prime Ministers Scott Morrison of Australia and Yoshihide Suga, of Japan in Washington.

In a joint statement, Modi and Biden “reaffirmed the strength of the defence relationship between the United States and India and the unwavering commitment to India as a Major Defence Partner.”

They listed “defence information sharing, sharing of logistics and military-to-military interactions, strengthening cooperation in advanced military technologies, and expanding engagements in a multilateral framework including with regional partners” among areas they would work together.

At the summit held under the shadow of growing aggressive stance by China in the India-Pacific region, the leaders said, “Wea-recommit to promotinga-the free, open,a-rules-based order, rooted ina-international law and undaunted by coercion, to bolster security and prosperitya-in the Indo-Pacific and beyond.”

defence
US Defence Secretary Lloyd J Austin with India’s Defence Minister Rajnath Singh in New Delhi

Although the four countries have shied away from a formal military alliance, they have been holding joint naval exercises.

The US, Australia and the United Kingdom formed a defence pact last month.

Biden and Modi said that they looked forward to the inaugural meeting of the Industrial Security Agreement (ISA) summit for high-end defence industrial collaboration drawing on the “innovation and entrepreneurship in defence industries for co-development, co-production and expanding mutual defence trade”.

The weeklong ISA summit concluded in New Delhi on Friday with an agreement to establish the Indo-US Industrial Security Joint Working Group.

India’s Press Information Bureau said, “This group will meet periodically to align the policies and procedures expeditiously that will allow the defence industries to collaborate on cutting edge defence technologies.”

Anurag Bajpai, joint secretary in the Department of Defence Production, and David Bagnati, the assistant director at the Defence Technology Security Administration, led their sides at the summit.

The closing ceremony of Multi Nation Joint Military Exercise Peaceful Mission 2021 of SCO Nations. The ceremony was marked by march past & equipment display. (Photo: ADG PI – INDIAN ARMY)

In the series of visits high-level by defence officials after Biden took office that began with a trip to India by Austin, Vice-Admiral G. Ashok Kumar, India’s Vice Chief of Naval Staff, came to the US in June.

He met with Vice Admiral Steve Koehler, the commander of the US 3rd Fleet that operates in the Indo-Pacific.

The US Navy quoted Koehler as saying, “The US-India strategic partnership is one of our most critical relationships in the Indo-Pacific. Open discussion of shared and complementary capabilities not only strengthens our relationship, it increases our naval effectiveness as we work together to ensure a free and open Indo-Pacific.”

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Navy rescue Phillipino crew of merchant navy suspected to be Covid+

The merchant vessel MV Lyric Poet was enroute from Gibraltor to Machong. …reports Asian Lite News

The Indian Navy and Coast Guard have rescued a Phillipino male crew member of a merchant vessel who was suspected to be Covid-19 positive.

The crew member, who was evacuated from onboard the vessel off Kochi in Kerala on Tuesday, is being treated at the Indian Navy hospital INHS Sanjivini.

The merchant vessel MV Lyric Poet was enroute from Gibraltor to Machong.

Providing details of what was described as “a swift coordinated operation”, the Ministry of Defence on Wednesday said the medical evacuation on the high seas was undertaken by the Headquarters Southern Naval Command (SNC) using an Advanced Light Helicopter (ALH).

The evacuation exercise was launched after SNC received information regarding a suspected Covid-19 positive case of a Phillipino male crew member from the Coast Guard Headquarters at about 4 pm on Tuesday.

The Merchant Vessel’s (MV) local agent had informed that the medical condition of the Chief Officer Michel John Abaygar was severely deteriorating with depleting oxygen levels and that he required immediate medical evacuation, the defence ministry said.

An ALH was immediately launched from INS Garuda to undertake the Medical Evacuation (MEDEVAC).

“The pilots of the helicopter displaying tremendous skill and professionalism successfully completed the mission in adverse weather conditions and ensured safe evacuation of the patient,” the defence ministry said.

The patient was brought to INS Garuda and transferred to the Naval Hospital, INHS Sanjivini, for further medical assistance adhering to all Covid-19 protocols. (India News Network)

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Defence Ministry approves proposals worth Rs 13,165 crore

Of the total amount approved, procurement worth Rs 11,486 crore (87 percent) is from domestic sources…reports Asian Lite News.

The Defence Ministry approved proposals including for Advanced Light Helicopters, guided munition and rocket ammunition valued at Rs 13,165 crore on Wednesday.

The Defence Acquisition Council (DAC) in its meeting held under the chairmanship of Defence Minister Rajnath Singh accorded Acceptance of Necessity (AoN) for Capital Acquisitions proposals for modernization and operational needs of the Indian Armed Forces amounting to approximately Rs 13,165 cr.

Of the total amount approved, procurement worth Rs 11,486 crore (87 percent) is from domestic sources.

Key approvals include helicopters, guided munition and rocket ammunition.

Looking into the need of the Indian Army for an Advanced Light Helicopter (ALH) Squadron to improve its integral lift capability to ensure its operational preparedness, the DAC accorded approval of procurement of 25 LH Mark III helicopters from HAL under Buy Indian-IDDMA at an approximate cost of Rs 3,850 crore in keeping with the continued thrust towards ‘Atmanirbhar Bharat’ (Self Reliant India) and ‘Make in India’.

Giving a boost to Indigenous Design and Development of ammunition, the DAC accorded approval for procurement of Terminally Guided Munition (TGM) and HEPF/RHE Rocket Ammunition under Buy (Indian-IDDM) category at an approximate cost of Rs 4,962 crore from domestic sources.

Other proposals worth Rs 4,353 crore were also accorded AoN by the DAC.

In addition, the DAC also approved a few amendments to the DAP 2020 as a part of Business Process Re-engineering to ensure further ease of doing business for the industry as well as measures to enhance procurement efficiency and reduce timelines.

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UK, Japan kick-start talks to deepen defence ties

Importantly, it matches the UK’s strategic shift in effort and resource to the Indo Pacific, as set out in the Integrated Review in March…reports Asian Lite News.

The UK and Japan have agreed to commence formal negotiations on a Reciprocal Access Agreement (RAA) to deepen the defence relationship between the two countries.

The UK Ministry of Defence said the agreement will help enable the two countries and their militaries to work together to address global security challenges and counter shared threats.

Importantly, it matches the UK’s strategic shift in effort and resource to the Indo Pacific, as set out in the Integrated Review in March.

“Japan is Britain’s close security partner in Asia, with shared values and common strategic interests. This sends a clear signal about our determination to deepen bilateral defence cooperation, and the UK’s commitment to the Indo Pacific region,” said Defence Secretary Ben Wallace.

“The aim is to create the conditions for a deeper, more regular and complex defence engagement programme, setting out the terms and conditions for UK and Japanese personnel undertaking activity in one another’s countries which makes bi-lateral activities like training and joint exercises easier and quicker to facilitate – consequently feeding into a more regular programme of events,” he added.

The government said these talks will bring that commitment into reality and send a clear signal about the UK and Japan’s determination to deepen bilateral defence cooperation and support for the rules-based international order.

Foreign Secretary Liz Truss saiddeepening defence ties with Japan is an” important part of our commitment to ensuring an open and secure Indo-Pacific and a clear demonstration of Global Britain in action.”

“Our two island democracies believe in the same fundamental freedoms and a strong economic and security partnership with Japan is crucial to Britain’s long-term interests,” she added.

The commencement of talks comes soon after the UK’s Carrier Strike Group visited Japan, in a sign of our firm commitment to supporting shared security challenges in the region.

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India Inks Major Deal With Airbus For 56 Military Jets

Of these 16 aircraft are to be delivered in flyaway condition from Spain and 40 are to be manufactured in India, reports Asian Lite News

Indian Defence Ministry signed contract worth around Rs 22,000 crore with Airbus Defence and Space, Spain on Friday for procurement of 56 C-295MW transport aircraft for the Air Force.

Of these 16 aircraft are to be delivered in flyaway condition from Spain and 40 are to be manufactured in India.

These 56 C-295MW transport aircraft will replace the ageing Avro aircraft of the Indian Air Force.

The C-295MW aircraft is a transport aircraft of five to 10 tonne capacity with contemporary technology. It has a rear ramp door for quick reaction and para dropping of troops and cargo.

On September 8, the government had approved procurement of 56 transport aircraft from Airbus Defence and Space S.A for the Indian Air Force.



The Cabinet Committee on Security approved the procurement of 56 C-295MW transport aircraft.

Sixteen aircraft will be delivered in flyaway condition from Spain within 48 months of signing of the contract and 40 will be manufactured in India by TATA Consortium within ten years of signing of the contract.

This is the first project of its kind in which a military aircraft will be manufactured in India by a private company.

All 56 aircraft will be installed with indigenous Electronic Warfare Suite. “The project will give a boost to the aerospace ecosystem in India wherein several MSMEs spread over the country will be involved in manufacturing parts of the aircraft,” the ministry had said.

This will provide a major boost to the ‘Atmanirbhar Bharat Abhiyan’ (Self-Reliant India Campaign) as it offers a unique opportunity for the Indian private sector to enter into technology intensive and highly competitive aviation Industry.

The project will augment domestic aviation manufacturing resulting in reduced import dependence and expected increase in exports.

A large number of detail parts, sub-assemblies and major component assemblies of aero structure are scheduled to be manufactured in India.

The programme will act as a catalyst in employment generation in the aerospace ecosystem of the country and is expected to generate 600 highly skilled jobs directly, over 3000 indirect jobs and an additional 3,000 medium skill employment opportunities with more than 42.5 lakh man hours of work within the aerospace and defence sector of India.

It will involve development of specialised infrastructure in form of hangars, buildings, aprons and taxiways.

During the process of manufacturing in India, it is expected that all the suppliers of TATA Consortium, who will be involved in special processes, will gain and maintain globally recognised National Aerospace and Defence Contractors Accreditation Program (NADCAP) accreditation

.

“Before completion of deliveries, ‘D’ Level servicing facility (MRO) for C-295MW aircraft are scheduled to be set up in India. It is expected that this facility will act as a regional MRO hub for various variants of C-295 aircraft,” the ministry had said.

In addition, the original equipment manufacturer will also discharge its offset obligations through direct purchase of eligible products and Services from the Indian Offset Partners giving further boost to the economy.

Reacting on the development, Ratan Tata said, “The clearance of the joint project between Airbus Defence and Tata advanced systems to build the C-295 is a great step forward in the opening up of aviation and avionics projects in India.

“The C-295 is a multi-role aircraft with several reconfigurations to meet mission requirements.

“It envisages total manufacturing of the aircraft in India.

“It will create a domestic supply chain capability to international standards, which has never been undertaken before.

“The Tata group congratulates Airbus and the Indian defence ministry for this bold step in fully building this state-of-the-art multi-role aircraft in India in support of the ‘Make in India’ thrust to bolster the country’s equity framework.

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Amid Chinese threats, Taiwan announces $8.69bn in defence spending

Taiwan has also planned to purchase cruise missiles and warships, along with other military equipment, Taiwan News reported citing the ministry…reports Asian Lite News.

Taiwan on Thursday announced to spend an additional USD 8.69 billion in the defence sector in the next five years amid growing threats from China.

The new money, which comes on top of the planned 2022 military budget of NWT 471.7 billion, still needs to be passed by Taiwan’s Legislative Yuan, Taiwan News reported citing media reports.

“The Chinese communists have continued to invest heavily in national defense budgets, its military strength has grown rapidly, and it has frequently dispatched aircraft and ships to invade and harass our seas and airspace,” Taiwan’s Defence Ministry said in a statement.

“In the face of severe threats from the enemy, the nation’s military is actively engaged in military building and preparation work, and it is urgent to obtain mature and rapid mass production weapons and equipment in a short period of time,” the statement added.

Taiwan has also planned to purchase cruise missiles and warships, along with other military equipment, Taiwan News reported citing the ministry.

This comes as China has ramped up diplomatic and military pressure on Taiwan.

Taiwan has reported almost daily incursions by Chinese military aircraft in its air defence identification zone.

On Wednesday, Nine Chinese military aircraft entered Taiwan’s air defence identification zone (ADIZ), marking the 14th intrusion this month.

Six People’s Liberation Army Air Force (PLAAF) Shenyang J-16 fighter jets, one Shaanxi Y-8 reconnaissance plane, one Shaanxi Y-8 anti-submarine warfare plane, and one KJ-500 airborne early warning and control aircraft flew into the southwest corner of the ADIZ, Taiwan News reported citing the Ministry of National Defense (MND).

Taiwan had also held five-day annual military exercises that prepared for a full-scale invasion by China, including response biological and chemical warfare.

The live-fire portion of Han Kuang exercise kicked off early Monday morning in eastern Taiwan, an area China considers a weak link, Nikkei Asia reported.

F-16V and Mirage 2000 fighter jets were dispatched to simulate a response to an armed invasion.

Beijing claims full sovereignty over Taiwan, a democracy of almost 24 million people located off the southeastern coast of mainland China, despite the fact that the two sides have been governed separately for more than seven decades.

Taipei, on the other hand, has countered the Chinese aggression by increasing strategic ties with democracies including the US, which has been repeatedly opposed by Beijing. China has threatened that “Taiwan’s independence” means war.

On June 1, Chinese President Xi Jinping pledged to complete reunification with self-ruled Taiwan and vowed to smash any attempts at formal independence for the island. (ANI)

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Rajnath Singh invites US defence companies to invest in India

Singh called upon the industry leaders to focus on transfer of technology through joint ventures to realise the country’s true potential in the defence sector….reports Asian Lite News

Defence Minister Rajnath Singh on Wednesday invited US defence companies to invest in India, asserting that there is a lot of scope for the American and Indian defence industries in co-production and co-development.

Speaking during the inaugural address at the 18th India-US Economic Summit on the theme ‘Bouncing Back – Resilient Recovery Path Post Covid-19’, Singh stated that the initiatives taken by the government have transformed India into a strong and reliable investment destination. The summit was organised by the Indo-American Chamber of Commerce through video conferencing.

He said India is now led by a stable and secure government which focuses on economic growth through a series of reforms. He added that robust domestic demand and availability of a talented young work force and innovation make India a major investment destination.

Singh called upon the industry leaders to focus on transfer of technology through joint ventures to realise the country’s true potential in the defence sector. The foreign OEMs can set up manufacturing facilities individually or partner with Indian companies through a joint venture or technology agreement to capitalise on the ‘Make in India’ initiative, he added.

Leh: Defence Minister Rajnath Singh with the troops who participated in the para dropping and other military exercises at Stankna near Leh on July 17, 2020. Also seen Chief of Defence Staff General Bipin Rawat and Army Chief General Manoj Mukund Naravane. (Photo: IANS)

Singh exhorted them to begin the process of Research and Development with the young minds of the country which will increase the linkages among the industries and create an ecosystem through equal contribution from academia and research. He emphasised that there is a lot of scope for the American and Indian defence industries in co-production and co-development, adding that Indian industry can supply components to American industries.

Expressing confidence that American firms will find India a major investment destination for defence manufacturing, he assured the Industry that the government is open to new ideas to create a business-friendly environment in India and is committed to push all types of entrepreneurship and manufacturing in the defence sector.

“I am sure that the economic and strategic partnership between India & US will act as a springboard and the forum will act as a bridge to achieve this,” he added.

Shedding light on the growing ties between India and the US, Singh said the Comprehensive Global Strategic Partnership, 2+2 Dialogue, Quad Security Dialogue and agreements like Logistics Exchange Memorandum of Agreement (LEMOA) and Communications Compatibility and Security Agreement (COMCASA) have taken the bilateral relations to greater heights.

He, however, emphasised that the relations are yet to realise their full potential, saying that several progressive policies have been put in place in the last two years that have given the defence sector an unexpected growth trajectory.The measures include setting up of Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu; increasing the FDI limit to 74 per cent through automatic route and 100 per cent through government route under certain circumstances; inclusion of ‘Buy and Make’ category in Defence Acquisition Procedure-2020 which provides a vendor with an economical workforce and India gets technology & trained manpower; draft Defence Production and Export Promotion Policy (DPEPP-2020) with provisions to incentivise foreign investment and notification of two positive indigenisation lists to increase business collaboration.

Singh highlighted that despite the COVID-19 situation, the country’s economy is back on track due to the steps taken by the government. “India’s GDP has shown a ‘V’ shaped growth curve in the last two years. Where the growth witnessed a contraction of 24 per cent last year, a jump of 20 per cent has been seen in the first quarter of this year. It is a reflection of the country’s sound economic fundamentals,” he said.

Singh added, “We are expecting double digit growth in FY-22 despite the challenge of COVID-19. But, the challenge will be to maintain a healthy growth rate of 7-8 per cent in the years after FY-22. Under the leadership of Prime Minister Shri Narendra Modi, we are preparing for dynamic growth much beyond FY-22.”

He added that major structural and procedural reforms in the last seven years have prepared India to take a quantum jump in terms of growth. Formulation of progressive and investor friendly tax policies, increased focus on ease of doing business, agriculture and labour reforms are some of the initiatives that have laid the foundation of a ‘New India’.

He also lauded the Indian industry for fulfilling the requirement of masks, PPE kits, ventilators and working with the government to deal with the pandemic. He added that Industry is playing a significant role in the world’s largest vaccination drive being undertaken in India.

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