News for 'integrity-pact-bank-guarantee'

Govt makes it mandatory for armed forces to source military hardware locally

Govt makes it mandatory for armed forces to source military hardware locally

Rediff.com25 Apr 2022

The ministry also decided to dispense with the requirement of the Integrity Pact Bank Guarantee to reduce the financial burden on the Indian defence industry, a move aimed at promoting domestic manufacturing.

MoD approves procurement of Rs 8357-cr military hardware

MoD approves procurement of Rs 8357-cr military hardware

Rediff.com23 Mar 2022

The approved proposals included "procurement of night sight (image intensifier), light vehicles GS 4X4, air defence fire control radar (light) and GSAT-7B satellite," it mentioned.