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Marlii
Committed member
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Sometimes Indian twitter goes wild for things that have a simpler meaning
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Armenia buys Indian Akash air defense systems. Armenia and India have entered into an agreement to purchase Indian Akash air defense systems; the contract is valued at $720 million. The Akash air defense system began to be developed in 1983 by the Defense Research and Development Laboratory; production of the air defense system began in 2008 by Bharat Dynamics Ltd. At the moment, two types of Akash air defense systems are produced in India - a basic one with a destruction range of up to 30 kilometers and an upgraded one with a destruction range of up to 70 km. Which of these two types of air defense systems Armenia ordered is still unknown. The Akash air defense system can be mounted on a T-72 or BMP-3 wheeled or tracked chassis. The Akash air defense system includes: - a launcher with three anti-aircraft missiles, - a multifunctional radar "Rajendra" capable of detecting targets at a range of up to 60 kilometers, as well as a control point. The complex's radar with a phased array antenna allows simultaneous tracking of up to 64 targets and guidance of up to 12 missiles. The air defense system is equipped with missiles with a warhead weighing about 60 kilograms and a flight speed of 1000 m/s. The air defense system can hit targets at altitudes of up to 19 kilometers.
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Envoy: India wants to elevate defence ties with Bangladesh
- Proposes graduating the bilateral defence cooperation to the next level
- Highlights the advances made by the Indian defence industry over the last decade
Indian High Commissioner Pranay Verma on Tuesday said that New Delhi is willing to share with Bangladesh wide-spectrum capabilities in defence manufacturing, including the most sophisticated technologies.
He also proposed graduating the bilateral defence cooperation to the next level by building joint ventures in defence manufacturing.
The High Commissioner and Principal Staff Officer of Bangladesh Armed Forces Division, Lieutenant General M R Shameem addressed the seminar on Indian Defence Equipment - SIDE 2024 - hosted by the High Commission of India in Dhaka on Tuesday.
High commissioner highlighted the advances made by the Indian defence industry over the last decade driven by Prime Minister Narendra Modi’s vision of “Make in India” and “Make for the World”, which has spurred unprecedented investments into the Indian defence manufacturing sector and has led to rising Indian defence exports.
He described SIDE 2024 as a reflection of Indian defence industry’s interest in partnering with Bangladesh and taking India-Bangladesh defence cooperation forward to the next level, including by utilizing the Defence Line of Credit of US$500 million extended by the Government of India to the Government of Bangladesh.
A number of premier defence manufacturing companies of India, from both public and private sectors, participated in the event and made presentations showcasing a range of ‘Made in India’ defence equipment, technology and platforms.
Representatives from Bangladesh Armed Forces as well as paramilitary and police forces also attended the seminar.
@Nilgiri @Gessler This time is more specific.
If it happens, it will start gradually. For now I can see....lets say, something like joint manufacturing of howitzers/guns maybe? What other possibilities do you see?
For higher end systems, like MLRS, UCAV, Air Defence army seems to be leaning toward Türkiye.
I also remember, navy being interested about a Tanker and a logistics ship?
Bangladesh shares wish list of military hardware for procurement from India
Although progress has been slow on Line of Credit extended in 2018, several types of equipment are under various stages of consideration
How much does these types of ships usually cost?
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Hard to say the "per unit cost" of a ship.
Depends on it's displacement, capacity & features.
Plus whether it's going to be the same design as something IN is already paying for (lot of the R&D cost would already be amortised in that case) or if it's a new custom design (where the R&D cost would be transferred to the new customer).
Plus whether you want it made in an Indian yard or build locally. Whether the yard has already tooled up to build something of that scale or if it's a fresh yard.
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Hrm, lets see what happens and how this goes @UkroTurk
kyivindependent.com
Der Spiegel: Germany conducting negotiations to procure ammunition from India
Germany is conducting "discreet negotiations" to procure artillery ammunition from India, which is estimated to have "several hundred thousand rounds" stored in stockpiles, Der Spiegel reported on Feb. 25.
kyivindependent.com
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Hrm, lets see what happens and how this goes @UkroTurk
Der Spiegel: Germany conducting negotiations to procure ammunition from India
Germany is conducting "discreet negotiations" to procure artillery ammunition from India, which is estimated to have "several hundred thousand rounds" stored in stockpiles, Der Spiegel reported on Feb. 25.
We've already sold various types of ammo via UK as an intermediary, so I doubt we are fundamentally opposed to it.
I guess it'll come down to whether the price is right.
Myanmar equips second Kyan Sit Thar-class frigate with Indian-made radar
by Ridzwan Rahmat
Myanmar's second Kyan Sit Thar-class frigate, UMS Sin Phyu Shin , seen here as it arrives at Visakhapatnam, India, for Exercise ‘Milan' 2024. It can be seen here equipped with the Revathi radar. (Indian MoD)
Myanmar has equipped its second Kyan Sit Thar-class guided-missile frigate, UMS Sin Phyu Shin, with the Indian-made Revathi 3D air surveillance radar.
Janes can now confirm that the radar was fully incorporated in 2023, and a partial validation of its capabilities was carried out at the ‘Milan' multilateral naval exercise in Visakhapatnam, India. The exercise ran from 19 to 27 February 2024.
Images of Sin Phyu Shin arriving at Visakhapatnam for the exercise were released by the Indian Navy on 19 February, and they depict the frigate with what appears to be a new sensor on the pedestal above its aft superstructure.
The sensor that was previously found in this position was the Bharat Electronics Limited (BEL) RAWL-02 surface search radar.
Janes has since verified that BEL was contracted to replace this with the Revathi radar as part of its efforts to improve the frigate's air-defence capabilities.
The Revathi radar is capable of multiple target tracking and has an integrated identification friend-or-foe (IFF) facility. It is believed to have a maximum range of about 180 km, with elevation coverage of up to 18,000 m.
Sin Phyu Shin is a Myanmar Naval Dockyard-built frigate that was commissioned by the Myanmar Navy in December 2015. The class appears to have heavily derived its design from the country's sole Aung Zeya-class frigate.
by Ridzwan Rahmat
Myanmar's second Kyan Sit Thar-class frigate, UMS Sin Phyu Shin , seen here as it arrives at Visakhapatnam, India, for Exercise ‘Milan' 2024. It can be seen here equipped with the Revathi radar. (Indian MoD)
Myanmar has equipped its second Kyan Sit Thar-class guided-missile frigate, UMS Sin Phyu Shin, with the Indian-made Revathi 3D air surveillance radar.
Janes can now confirm that the radar was fully incorporated in 2023, and a partial validation of its capabilities was carried out at the ‘Milan' multilateral naval exercise in Visakhapatnam, India. The exercise ran from 19 to 27 February 2024.
Images of Sin Phyu Shin arriving at Visakhapatnam for the exercise were released by the Indian Navy on 19 February, and they depict the frigate with what appears to be a new sensor on the pedestal above its aft superstructure.
The sensor that was previously found in this position was the Bharat Electronics Limited (BEL) RAWL-02 surface search radar.
Janes has since verified that BEL was contracted to replace this with the Revathi radar as part of its efforts to improve the frigate's air-defence capabilities.
The Revathi radar is capable of multiple target tracking and has an integrated identification friend-or-foe (IFF) facility. It is believed to have a maximum range of about 180 km, with elevation coverage of up to 18,000 m.
Sin Phyu Shin is a Myanmar Naval Dockyard-built frigate that was commissioned by the Myanmar Navy in December 2015. The class appears to have heavily derived its design from the country's sole Aung Zeya-class frigate.
Indian defence exports grow strongly, MoD says
by Jon Grevatt
Indian defence exports increased by 150% between 2020–21 and 2023–24, according to statistics issued by the MoD. (Indian MoD/Janes)
Indian defence exports reached INR210.83 billion (USD2.5 billion) in fiscal year (FY) 2023–24, an annual increase of 32%, the Indian Ministry of Defence (MoD) has said.
The MoD said in a statement on 1 April that private sector firms contributed to 60% of exports in 2023–24, with state-owned defence public sector undertakings (DPSUs) accounting for the remainder.
It added, “The figures indicate that defence exports have grown 31 times in the last 10 years as compared to FY 2013–14.”
The MoD also pointed to an increase in authorisations issued to Indian defence exporters. “From 1,414 export authorisations in FY 2022–23, the number jumped to 1,507 in FY 2023–24,” the MoD said.
According to the MoD, Indian defence exports in the decades 2004–05 to 2013–14 and 2014–15 to 2023–24 increased by nearly 21 times. “Total defence exports during 2004–05 to 2013–14 were INR43.12 billion, which has gone up to INR883.19 billion in the period from 2014–15 to 2023–24.”
It added that growth is attributable to reforms to promote exports and to enhance “ease of doing business” and reflects India's growing defence industrial capability.
The MoD provided no breakdown of sales and no details about customers.
In the past, the MoD has identified the country's most popular defence exports as products including bulletproof jackets and helmets, firearms, ammunition, batteries, simulators, surveillance systems, torpedoes, and a wide array of structural and system components for military platforms and weapons across the air, sea, and land domains.
by Jon Grevatt
Indian defence exports increased by 150% between 2020–21 and 2023–24, according to statistics issued by the MoD. (Indian MoD/Janes)
Indian defence exports reached INR210.83 billion (USD2.5 billion) in fiscal year (FY) 2023–24, an annual increase of 32%, the Indian Ministry of Defence (MoD) has said.
The MoD said in a statement on 1 April that private sector firms contributed to 60% of exports in 2023–24, with state-owned defence public sector undertakings (DPSUs) accounting for the remainder.
It added, “The figures indicate that defence exports have grown 31 times in the last 10 years as compared to FY 2013–14.”
The MoD also pointed to an increase in authorisations issued to Indian defence exporters. “From 1,414 export authorisations in FY 2022–23, the number jumped to 1,507 in FY 2023–24,” the MoD said.
According to the MoD, Indian defence exports in the decades 2004–05 to 2013–14 and 2014–15 to 2023–24 increased by nearly 21 times. “Total defence exports during 2004–05 to 2013–14 were INR43.12 billion, which has gone up to INR883.19 billion in the period from 2014–15 to 2023–24.”
It added that growth is attributable to reforms to promote exports and to enhance “ease of doing business” and reflects India's growing defence industrial capability.
The MoD provided no breakdown of sales and no details about customers.
In the past, the MoD has identified the country's most popular defence exports as products including bulletproof jackets and helmets, firearms, ammunition, batteries, simulators, surveillance systems, torpedoes, and a wide array of structural and system components for military platforms and weapons across the air, sea, and land domains.
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The Mobile GCP is capable of incorporating inputs from any sensor - as long as you have a network that can transmit the inputs to the GCP via datalink/satellite.
India has that system. I'm not well-versed regarding what the Philippines has. But the fact that they are spending the money on a pretty expensive system like this implies they have the means to take advantage of it.
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Russian firms buy $4 billion worth of India-made arms, pay in Indian rupee
Till October, Russian exporters held about $8 billion in Vostro accounts. Due to a lack of investment opportunities in India, the money held in the Vostro accounts of Russian exporters remained unspent
Representational Image/ REUTERS.
Exporters in Russia, who started trading with India using Indian rupees, have recently spent nearly $4 billion to buy India-made defence equipment and armaments, among other imports and Indian securities. This amount come from funds which were lying idle in their Vostro accounts.
Till October, Russian exporters held about $8 billion in Vostro accounts. These accounts were set up to facilitate trade between Russia and India, using Indian rupees and are managed by a domestic bank on behalf of a foreign bank.
As per a report by the Mint, due to a lack of investment opportunities in India, the money held in the Vostro accounts of Russian exporters remained unspent.
In a mere six months, they used only about 50 per cent of these funds, the report quoted two people aware of the matter, who declined to be identified.
One of them said, “It is difficult to say the exact amount in the Vostro accounts since some transactions are very complex. However, during the last 6-8 months or so, a large part of the amount has been used.”
Back in July 2023, the Reserve Bank of India (RBI) permitted 20 banks operating in the country to open 92 SRVAs of partner banks from 22 countries as part of efforts to promote bilateral trade in local currencies. Russia was one of them.
A Vostro account allows a foreign lender for transactions, including forex settlements, cross-border payments, and investments in a different market.
Russia also uses the rupee from these Vostro accounts to import goods from India.
India exports machinery, auto parts and other engineering goods to Russia.
The Russian Vostro account started witnessing a large amount of rupee deposited in as India purchased increased amounts of cheap Russian crude oil following the sanctions imposed on Moscow by the West.
For the unversed, Russia is among the largest suppliers of crude oil to India.
Russian funds (in rupees) have also been invested in Indian government treasury bills. As per regulations such funds are not allowed to be invested in corporate debt.
The report quoted a second person saying that both New Delhi and Moscow have been working on sorting the issue of the piling up of rupee payments in the Vostro account.
“Indian exports are also being settled from the Russian funds from the Vostro account," the person added
https://www.firstpost.com/world/russian-firms-spend-4-billion-dollar-from-rupee-vostro-accounts-to-buy-india-arms-rupee-13769478.html
