Union Budget 2024-25: Defence Ministry Allocated ₹6.21 Lakh Crore to Boost Innovation and Modernization

New Delhi: In the Union Budget 2024-25, the Ministry of Defence (MoD) has been allocated ₹6,21,940.85 crore (approx. $75 billion), the highest among all ministries. This allocation includes an additional ₹400 crore for the Acing Development of Innovative Technologies with iDEX (ADITI) scheme, aimed at fostering innovation in defence technology. Finance Minister Nirmala Sitharaman announced…

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Indian Navy Welcomes LSAM 19, the 5th Barge of the ACTCM Barge Project, Bolstering Naval Capabilities

Mumbai:  To enhance the operational capabilities of the Indian Navy, the delivery ceremony of the ‘Ammunition Cum Torpedo Cum Missile Barge, LSAM 19’ took place at Naval Dockyard, Mumbai on March 4. This marks the fifth successful delivery as part of the ambitious 11 x ACTCM Barge Project, a collaboration between the Ministry of Defence (MoD) and MSME Shipyard, M/s Suryadipta Projects Pvt Ltd, Thane.

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Ministry of Defence Inks Tripartite MoU for Indigenous Development of Advanced Fuelling and Control System

New Delhi:   The Ministry of Defence has formalized a tripartite Memorandum of Understanding (MoU) with BEML Limited, Bharat Electronics Limited (BEL), and Mishra Dhatu Nigam Limited (MIDHANI) to bolster indigenous capabilities in the defence sector. The collaborative effort aims at the development of an Advanced Fuelling and Control System for Engines tailored for heavy-duty applications.

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