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Gliders India, Mazagon Dock Shipbuilders, and Armoured Vehicles Nigam are three Indian firms showing their expertise at the Show as part of India's national Pavilion, buoyed by worldwide interest in their goods and developing India-South Korea connections
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In the Union Budget 2023-24, the Capital Investment Outlay for Defence ministry has been increased steeply for the third year in a row by 33 per cent to Rs 10 lakh crore, which would be 3.3 per cent of GDP.
Minister Rajnath Singh is scheduled to release the third indigenisation list comprising major equipment and platforms, which will be completely indigenised by Dec 2025.
Future armoured vehicles should have the capability to operate on both northern and western borders. This was said by the Army Chief General Bipin Rawat while addressing a seminar named ‘Future Armoured Vehicles India 2017’ on Wednesday.