MEA underscored that India has an impeccable track record of compliance with international obligations on the export of military and dual-use items.
According to the Ministry of Defence, the third list builds on the first list of 101 items and the second list of 108 items that were promulgated on Aug 21, 2020 and May 31, 2021 respectively.
Global military expenditure at 3.6 per cent saw its largest annual spike in a decade in 2019 with China and India being the second- and third-largest spenders after the US, a Stockholm-based think-tank said on Monday, the first time the two Asian giants were among the top three countries spending more on armaments.
Addressing a press conference at the United Nations on Friday, Lavrov said;"I understand that India will be taking sovereign decision (on) how to proceed and what kind of weapons it needs".
Panaji: Defence Minister Manohar Parrikar on Tuesday said defence equipment and weapons cannot be sourced 100 percent from the private sector. The Ordnance Factories Board (OFB) needed to be an essential part of the defence
New Delhi: The government has initiated steps to boost indigenisation of defence equipment and a vast majority of new acquisitions were in "buy (Indian)" or "buy and make (Indian)" categories, Parliament was told on Friday.Defence
New Delhi: The Supreme Court on friday said that it will March 28 hear a PIL seeking directions to the government to expeditiously make available to defence sources equipments and spares as and when sought
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