Defence ministry bifurcates capital procurement budget into domestic, foreign routes: Rajnath Singh

Aug 09, 2020

New Delhi [India], August 9 : The defence ministry has bifurcated the budget of capital procurement for 2020-21 into domestic and foreign capital procurement...

Defence Ministry exceeds domestic procurement target in FY 2021-22

Apr 20, 2022

New Delhi [India], April 20 : In the last financial year 2021-22, the Ministry of Defence exceeded its target of spending 64 per cent...

75 pc of defence capital budget earmarked for domestic industry in 2023-24: Rajnath Singh at Aero India

Feb 15, 2023

the Minister said the domestic demand must be there for creating demand for the defence industry and a record 75 per cent of defence...

Defence Ministry earmarks 25 pc of domestic capital procurement budget for private industry

Apr 08, 2022

New Delhi [India], April 9 : The Defence Ministry has decided that 25 per cent of the domestic capital procurement and acquisition budget amounting...

ideaForge bags the largest mini-VTOL UAV defence contract globally

Mar 03, 2022

Mumbai (Maharashtra) [India], March 3 (ANI/PRNewswire): In the Union Budget of 2022, the Indian Government announced that 68% of its Defence Capital Procurement budget...

Government e Marketplace marks 9 years of digital procurement, drives inclusion for MSES and startups

May 16, 2026

The Government e Marketplace (GeM) celebrated its Incorporation Day 2026 on 16 May, highlighting its expanding role in making public procurement more transparent, efficient...