logo
Indian Navy signs contract with BEL for NMDA project

Indian Navy signs contract with BEL for NMDA project

Hans India10-07-2025
Visakhapatnam: With an aim to strengthen maritime and coastal security, the Indian Navy signed a contract with Bharat Electronics Limited (BEL), Bengaluru for the implementation of National Maritime Domain Awareness (NMDA) project.
The contract was signed in the presence of Vice Admiral Tarun Sobti, Deputy Chief of the Naval Staff, and Manoj Jain, chairman and managing director of BEL.
Entailing upgradation of the existing National Command, Control, Communication and Intelligence (NC3I) Network to NMDA Network along with incorporation of AI-enabled software, the project will bring in an integrated approach to data collation, analysis and information sharing among various maritime stakeholders.
As part of the project, the existing Information Management and Analysis Centre (IMAC) at Gurugram, nodal centre of NC3I Network, will also be upgraded into a multi-agency
The project will be executed on a 'turnkey basis' and will be administered by the Indian Navy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rs 20000000000 Deal: Indian Army to get powerful Air Defence Fire Control Radar, capable of detecting..., Pakistan and China in tension because...
Rs 20000000000 Deal: Indian Army to get powerful Air Defence Fire Control Radar, capable of detecting..., Pakistan and China in tension because...

India.com

time10 hours ago

  • India.com

Rs 20000000000 Deal: Indian Army to get powerful Air Defence Fire Control Radar, capable of detecting..., Pakistan and China in tension because...

Rs 20000000000 Deal: Indian Army to get powerful Air Defence Fire Control Radar, capable of detecting…, Pakistan and China in tension because… Air Defence Fire Control Radar: The methods of conventional warfare have changed, as we witnessed during the Iran-Israel war and even in Operation Sindoor. Now, war is fought with advanced weapons and crucial intelligence. In view of these changes, India is also continuously upgrading its armed forces with the latest weapons. New indigenous weapons equipped with modern and advanced technology are being purchased. Recently, a major agreement has been signed between the Ministry of Defence and BEL. Under the agreement, which is worth Rs 2,000 crore, BEL will make Air Defence Fire Control Radar for the Indian Army. These Made in India radars will further strengthen the 'Atmanirbhar Bharat' program and decrease India's dependency on foreign weapons and air defence systems. Major Contract Signed With BEL The Ministry of Defence (MoD) has signed a Rs 2,000 crore with Bharat Electronics Limited (BEL). Under the agreement, the Indian Army will procure air defence fire control radars from BEL. Contract Was Signed In The Presence Of The Defence Secretary The agreement is categorized under Procurement (Indian-Indigenously Designed, Developed and Manufactured). It was formalized and exchanged by high-ranking officials from the Ministry of Defence and Bharat Electronics Limited (BEL) in New Delhi on July 25, 2025, with Defence Secretary Rajesh Kumar Singh in attendance. Indigenous Defence Industry Will Be Strengthened These kinds of major deals will further empower indigenous defence industries by encouraging Indian MSMEs to manufacture components and supply of raw materials. Important Step Towards Modernisation 'This will prove to be an important milestone in the modernisation of air defence regiments and will enhance the operational readiness of the Indian Army. It will also contribute to the economic development of the nation,' the Defence Ministry statement read. Radars Will Detect Air Threats These indigenous fire control radars are capable of detecting all types of aerial threats, including fighter jets, military choppers, and suicide drones. 13 New Agreements Recently, Defence Ministry has approved 13 new contracts worth Rs 1,981.90 crores to strengthen the Indian Army's capacity for anti-terrorism operations. This emergency procurement aims to bolster the operational effectiveness of troops stationed in terrorism affected areas.

Brigade Hotel Ventures' IPO subscribed 1.19 times on day 2 of offer
Brigade Hotel Ventures' IPO subscribed 1.19 times on day 2 of offer

Time of India

timea day ago

  • Time of India

Brigade Hotel Ventures' IPO subscribed 1.19 times on day 2 of offer

NEW DELHI: The initial share sale of Brigade Hotel Ventures Ltd received 1.19 times subscription on the second day of bidding on Friday. The company's initial public offering (IPO) got bids for 6,09,28,972 shares against 5,11,93,987 shares on offer, according to data available with the NSE. Retail Individual Investors (RIIs) part got subscribed 4.65 times while the portion for non-institutional investors received 98 per cent subscription. The Qualified Institutional Buyers (QIBs) category fetched 8 per cent subscription. Brigade Hotel Ventures Ltd on Wednesday raised Rs 325 crore from anchor investors. The IPO will conclude on July 28. The price band has been fixed at Rs 85 to Rs 90 per share. At the upper end of the price band, the company is valued at over Rs 3,400 crore. Brigade Hotel Ventures' IPO is entirely a fresh issue of equity shares worth Rs 759.6 crore with no offer-for-sale (OFS) component. Proceeds from the issue to the tune of Rs 468.14 crore will be used for the payment of debt, Rs 107.52 crore will be utilised for the purchase of an undivided share of land from the promoter, BEL, and the remaining funds will support acquisitions, other strategic initiatives, and general corporate purposes. Brigade Hotel Ventures Ltd is a subsidiary of Bengaluru-based real estate company Brigade Enterprises Ltd (BEL). BEL entered into the hospitality business in 2004 with the development of its first hotel, Grand Mercure Bangalore, which commenced operations in 2009. The company has a portfolio of nine operating hotels across Bengaluru (Karnataka), Chennai (Tamil Nadu), Kochi (Kerala), Mysuru (Karnataka) and the GIFT City (Gujarat) with 1,604 keys. The hotels are operated by global marquee hospitality companies such as Marriott, Accor and InterContinental Hotels Group. JM Financial and ICICI Securities are the book-running lead managers to the issue.

DefMin signs Rs 2K-cr deal with BEL
DefMin signs Rs 2K-cr deal with BEL

Hans India

time2 days ago

  • Hans India

DefMin signs Rs 2K-cr deal with BEL

New Delhi: The Ministry of Defence on Friday signed a contract with public-sector defence company Bharat Electronics Ltd (BEL) for the procurement of Air Defence Fire Control Radars for the Indian Army, worth approximately Rs2,000 crore, under the Buy (Indian-Indigenously Designed Developed and Manufactured) category. With a minimum 70 per cent indigenous content, these Fire Control Radars will be able to detect all forms of airborne threats, including fighter aircraft, attack helicopters and enemy drones. This would mark a significant milestone in the modernisation of the Air Defence Regiments and enhance the Indian Army's operational readiness, while contributing to the economic growth of the nation, according to a Defence Ministry statement. The contract was signed and exchanged by senior officials of the Ministry of Defence and BEL in the presence of Defence Secretary Rajesh Kumar Singh. The procurement marks a pivotal step towards empowering indigenous defence industries by encouraging Indian MSMEs through components manufacturing and raw material supply, the statement said. The government is keen to promote the country's defence industry, and earlier this month Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh, gave the go-ahead for 10 proposals to purchase military hardware, including missiles and electronic warfare systems, worth approximately Rs 1.05 lakh crore through indigenous sourcing. India's indigenous defence production has surged to an all-time high of Rs1.46 lakh crore, with exports increasing to a record Rs24,000 crore in 2024-25, according to Defence Minister Rajnath Singh.'Our defence production, which was only Rs43,000 crore 10 to 11 years ago, has now crossed a record figure of Rs1,46,000 crore, with the private sector's contribution of over Rs32,000 crore. Our defence exports, which were around Rs600-700 crore 10 years ago, have surpassed a record figure of Rs24,000 crore today,' the minister stated in his address at the Confederation of Indian Industry (CII) annual summit recently. He described Make-in-India as crucial for security and prosperity, stating that the use of indigenous systems during Operation Sindoor has proved that India has the power to penetrate any armour of the enemy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store