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India Gazette
5 days ago
- Business
- India Gazette
Rajnath Singh approves Miniratna status to three Defence Public Sector Undertakings
New Delhi [India], May 29 (ANI): Defence Minister Rajnath Singh has approved the grant of 'Miniratna' status Category-I for Munitions India Limited (MIL), Armoured Vehicles Nigam Limited (AVNL) & India Optel Limited (IOL), the Ministry of Defence said in a press release. Congratulating these Defence Public Sector Undertakings (DPSUs) for their transformation from a government organization to a profit making corporate entity in a short span of three years, Defence Minister expressed his satisfaction over the initiatives taken by the management of MIL, AVNL and IOL to increase the turnover of the company, maximize indigenisation and meet other performance parameters for grant of Miniratna (Category-I) status. Munitions India Limited has achieved significant milestones after inception, including stellar growth in sales from Rs 2571.6 Cr in 2021-22 (H2) to Rs 8282 Cr (provisional) in FY 2024-25. On the Export front, MIL has achieved a growth from Rs 22.55 Cr in FY 2021-22 (H2) to Rs 3081 Cr in FY 2024-25 (Provisional). The major products of MIL include small, medium and high calibre ammunition, mortars, rockets, hand grenades etc. with in-house manufacturing of initiatory compositions, propellants and high explosives. Armoured Vehicles Nigam Limited has witnessed a significant growth in sales from Rs 2569.26 Cr in 2021-22 (H2) to Rs 4986 Cr (provisional) in FY 2024-25. AVNL has also achieved 100 percent indigenization of Engines for all the 3 platforms viz. T-72, T-90 and BMP-II. The major products of AVNL include Armoured/ Combat Vehicles (T-90, MBT Arjun, Infantry Combat Vehicles 'BMP-II Sarath' etc.), support vehicles (MPV, AERV etc.) and Defence mobility solutions (Stallion, LPTA etc.) India Optel Limited, over the past three years, has pushed its sales from Rs 562.12 Cr in 2021-22 (H2) to Rs 1541.38 Cr (provisional) in FY 2024-25. The main products of IOL include Opto-Electronic systems and vision equipment which are used in land system platforms and weapons like battle tanks T-90, T-72, Infantry Combat Vehicle BMP-II, Artillery Guns, Naval Guns etc. The bestowal of Miniratna status to MIL, AVNL and IOL will further empower these companies to achieve accelerated growth trajectory and new heights in defence production and exports. To enhance functional autonomy, efficiency and unleash new growth potential and innovation, erstwhile Ordnance Factory Board (OFB) was converted into seven Defence Public Sector Undertakings, including these three DPSUs w.e.f. October 1, 2021. While MIL and AVNL are Schedule 'A' new Defence Public Sector Undertaking (DPSU), IOL is a Schedule 'B' DPSU under the administrative control of Department of Defence Production (DDP). (ANI)
News18
27-05-2025
- Business
- News18
Govt To Procure Rs 2,000–3,000 Cr Invar Missile Order Form Bharat Dynamics; Shares Up 2%
Last Updated: The Ministry of Defence is finalising a procurement order for 500 Invar anti-tank guided missiles (ATGMs) from state-run Bharat Dynamics, say reports The Ministry of Defence is finalising a procurement order for 500 Invar anti-tank guided missiles (ATGMs) from state-run Bharat Dynamics Ltd (BDL), with the deal expected to be worth between Rs 2,000 crore and Rs 3,000 crore, has reported, citing a senior government official. The acquisition is part of a broader initiative to bolster India's armoured warfare capabilities by equipping T-90 main battle tanks with precision-guided missile systems. 'Invar missiles are designed to be launched from tank platforms. The Defence Ministry is finalising an order for 500 missiles from BDL, with the total expenditure expected to be in the range of Rs 2,000 crore–3,000 crore," the official told Moneycontrol. Known for their accuracy and effectiveness, Invar missiles are already deployed on India's frontline armoured units. The proposed order is currently undergoing financial vetting to determine the exact cost and, consequently, the level of approval it will require. 'Orders up to Rs 2,000 crore can be cleared by the Defence Minister. If the value is closer to Rs 3,000 crore, approval from the Finance Minister is needed. Deals exceeding Rs 3,000 crore must go through the Cabinet," the official said. Large-scale defence procurements such as this typically pass through the Defence Acquisition Council (DAC), which is chaired by the Defence Minister and can clear purchases up to Rs 2,000 crore. Beyond that, higher-level approvals come into play. Earlier this month, the DAC had approved emergency procurement worth approximately Rs 40,000 crore to bolster India's defence preparedness. The BDL missile order aligns with the Centre's 'Make in India' initiative to enhance self-reliance in defence manufacturing. Bharat Dynamics, a key supplier to the Indian armed forces, is known for producing a range of advanced missile systems. The missile acquisition is also expected to improve India's operational readiness, especially along the sensitive western and northern borders where the T-90 tanks are widely deployed. 'The emphasis on enhanced firepower underlines the strategic intent behind this order. BDL has already established a proven track record in delivering these systems," the official added. The move comes on the heels of Operation Sindoor, a recent high-precision military strike conducted by Indian forces in response to a deadly terror attack in Pahalgam. The operation, which targeted terrorist infrastructure in Pakistan and Pakistan-occupied Jammu & Kashmir, reportedly relied heavily on indigenous technologies including drones, electronic warfare, and layered air defence systems. This push for modernisation and indigenous sourcing has helped BDL solidify its strategic importance. The company currently holds an order book worth Rs 3,110 crore and expects 28–30% revenue growth in FY25. It has also made significant progress in localising critical components and plans to double its production over the next 3–5 years and triple it within a decade. Shares of Bharat Dynamics were up over 2% on Monday ahead of its Q4 earnings announcement, reflecting investor optimism over the potential deal and the company's long-term growth prospects. First Published: May 27, 2025, 14:05 IST
Yahoo
07-05-2025
- Business
- Yahoo
How Pakistan's military stacks up against India
India has launched military strikes against Pakistan, putting the two nuclear-armed neighbours on the brink of an all-out war. The flare-up means that two of the region's largest militaries are again in face-to-face conflict. The stand-off pits India, a global defence giant, against a country that may be much smaller, but is nevertheless heavily militarised and has dedicated a significant share of its resources to preparing for war. As the world's most populous nation, India has one of the largest militaries, numbering around 1.4 million active service personnel, which include 1.2 million in the army, 60,000 in the navy and 127,000 in the air force. India also has 1.6 million-strong paramilitary forces and a reserve of 1.1 million. The country is a defence expenditure heavyweight. Its defence spend reached £58 billion ($77.4 billion) in 2024, the second-highest outlay in Asia after China. Members of the national cadet corps train in Kolkata, India - NurPhoto/Sudipta Das Meanwhile, Pakistan's population is a fifth of the size and the country has been mired in an economic crisis for years. Last year, Pakistan's defence budget was estimated to have been a 10th of that of its eastern neighbour. Pakistan has become heavily militarised to fend off Indian control, which has come at great cost to its democracy. The military exerts significant control over the civilian government, with Gen Syed Asim Munir, the head of the army, widely seen as the most powerful man in the country. While India's military is increasingly deployed to face China, Pakistan has built up a defence posture and doctrine revolving almost entirely around India. Pakistan fields a total of around 650,000 active service personnel, including 560,000 in the army, 23,800 in the navy and 70,000 in the air force. It also has 280,000-strong paramilitary forces, according to the International Institute for Strategic Studies. In limited exchanges, such as those seen in the past 24 hours, Pakistan can punch above its weight, though analysts say that Delhi's numerical and economic superiority could come to bear very quickly in a full-blown war. Pakistan has leaned heavily in recent years towards China for its arms, shifting away from more costly Western suppliers. India has significant quantities of equipment from Russia, but has begun buying more from France and America. On the battlefield, India is thought to have around 3,100 main battle tanks, including Arjun, T-72 and T-90 models. Smoke rises after a missile strike by India against a target in Pakistan - PUNIT PARANJPE/AFP Pakistan has around 2,500, which include Al-Khalid, T-80, T-54/55, Type-59/Al Zarrar, Type-69 and Type 85 models. Each country also has a significant air force. India has a mixture including Dassault Rafale fighters, Sukhoi Su-30s and MiG-29s, MiG-27s and MiG-21s. Pakistan has Chinese J-10s and JF-17s, as well as American F-16s, Mirage 3s and Mirage 5s. The two countries may be closer to parity in their nuclear weapons. An explosion in the western Indian state of Rajasthan during an air exercise - Manish Swarup/AP India conducted its first nuclear test in 1974 and Pakistan became a nuclear power in 1998. India has never declared the size of its nuclear armament, but one assessment places the country's stockpile at 160 nuclear warheads, according to the Centre for Arms Control and Nuclear Proliferation. These can be deployed in land-based ballistic missiles, submarine-launched missiles and aircraft with nuclear bombs and missiles. Pakistan is estimated to have around 170 warheads and nuclear-capable ballistic missiles of varying ranges. The country can also launch the weapons from planes. In 2017, Pakistan test-fired a submarine-launched missile, though this is not yet thought to be ready for use. Even a small nuclear exchange between India and Pakistan could kill 20 million people in a week, according to the Centre for Arms Control and Nuclear Proliferation. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.
India.com
03-05-2025
- Business
- India.com
Pakistan is terrified of India, seeking help everywhere, begging for 40 VT-4 tanks from...
Pakistan is terrified of India, seeking help everywhere, begging for 40 VT-4 tanks from... Islamabad: The recent terror attack in Jammu and Kashmir's Pahalgam in which 26 tourists were killed, further deteriorated relations between India and Pakistan. New Delhi's tough stand after the attack has created panic in the neighbouring country. Now, Pak is seeking help from China and Gulf countries. As per several media reports, Islamabad has placed an emergency order for 40 VT-4 tanks from China to increase its military strength. Prime Minister Shahbaz Sharif met Chinese Ambassador Jiang Zhadong and discussed the increasing tension with India, seeking military help. Pakistan fears that its tanks will not be able to face Indian weapons in a ground war with India. Difficult For Pakistan To Stand Against India Pakistan has recently ordered 40 VT-4 Main Battle Tanks from the Dragon. Currently, the neighbouring country has 350 VT-4 tanks, but they are weak against India's military power. It is noteworthy that, the Indian Army has over 1000 T-90 tanks, T-72 and indigenous Arjun tanks that can defeat Pak in any ground war. Nag ATGM is already included in the Indian Army, and soon the American Javelin ATGM will also be included. These weapons can easily destroy Pakistani tanks, and this is the main reason why Islamabad is seeking help everywhere to protect itself. What Is Special About The VT-4 Battle Tank? China's VT-4 main battle tank, intended for international markets, boasts a 125 mm smoothbore gun capable of firing various munitions, including guided missiles. Its protection features include reactive and composite armour, as well as an active protection system. Powered by a 1200-1300 hp engine, the 52-ton tank reaches speeds of 70 km/h. Advanced fire control and communication systems improve battlefield coordination. However, a lack of combat experience means its real-world effectiveness remains unproven. India May Attack POK! Pakistan Is Afraid Pakistan is terrified that India may attack PoK, and in that fear, it has imposed an emergency in the region. Amid growing tensions with India, Pakistan's attempt to bolster its military capabilities through Chinese tank acquisitions appears insufficient in the face of India's superior military strength and US backing. Following a recent attack in Pahalgam, India is reportedly planning a significant retaliatory response against those responsible for the act of terrorism.
India.com
23-04-2025
- Politics
- India.com
For how many days can Pakistan's army stand against India? Here's a look at the military strength of both nations
According to Global Firepower, a well-known organization that ranks military strength globally, India has around 1.44 million active military personnel, making it the second-largest army in the world. In comparison, Pakistan's military is less than half that size. India also has a much larger paramilitary force, with over 2.5 million personnel, compared to just around 500,000 in Pakistan. India's firepower includes: 4,500 tanks 538 fighter aircraft A vast inventory of modern weapons and missile systems India's military strength score, according to Global Firepower, is 0.1025 (lower is better), while Pakistan's is 0.1695—showing a significant gap in overall power. Indian Army's ground strength 1.44 million active troops 1.15 million in reserve 25 lakh+ paramilitary forces On the ground, India's Army is equipped with advanced battle gear like: Arjun Main Battle Tanks T-90 'Bhim' Tanks Pinaka Multi-Barrel Rocket Launchers BrahMos Cruise Missiles Howitzers and other modern artillery India's military isn't just about numbers—it's also backed by strong technology, manufacturing, and strategic positioning. In short, while both countries have powerful armies, India's military is larger, more advanced, and better equipped across all three forces—Army, Navy, and Air Force. If a war were ever to occur, it's widely believed that Pakistan wouldn't be able to hold out for long against India's full-scale military capabilities.
