Reliance Defence gets final clearance for 12 industrial licences

Posted on:10 Mar 2016 09:53:04
Reliance Defence gets final clearance for 12 industrial licences
10 March 2016 Current Affairs: The licensing committee of Department of Industrial Policy & Promotion (DIPP) has approved 12 industrial licences to the Reliance Defence, a subsidiary of Reliance Infrastructure Limited for manufacture of wide range of Defence equipment required by the Armed Forces. DIPP has approved these licences to the Strategic Business Units (SBU) under Reliance Defence Limited to address defence programmes in India and overseas.In the aerospace segment, with licences for manufacture of military aircraft and helicopters, the company plans to address the aircraft requirement of the Indian Navy pegged at Rs 9,000 crorer, light utility helicopters, an opportunity valued at more than Rs 20,000 crore. In addition, there is a requirement of 160-200 medium to heavy helicopter, valued at Rs 50,000 crore.For the naval systems, the company will focus on key systems as is evident from the licences for air independent propulsion technology and hull penetrators and connectors along with motor shafts and propulsion systems.  Reliance naval systems is already working on C4I, underwater systems, weapons, radars and electro optic systems.   the company is targeting different requirement from the Indian Navy, army and the Air Force. For the export market, Reliance Strategic Electronics Division (SED) plans to manufacture night vision devices (NVDs) and surveillance devices. This apart, the company plans to develop an infantry combat vehicle to address the domestic and global requirements.
The licensing committee of Department of Industrial Policy & Promotion (DIPP) has approved 12 industrial licences to the Reliance Defence, a subsidiary of Reliance Infrastructure Limited for manufacture of wide range of Defence equipment required by the Armed Forces. DIPP has approved these licences to the Strategic Business Units (SBU) under Reliance Defence Limited to address defence programmes in India and overseas.In the aerospace segment, with licences for manufacture of military aircraft and helicopters, the company plans to address the aircraft requirement of the Indian Navy pegged at Rs 9,000 crorer, light utility helicopters, an opportunity valued at more than Rs 20,000 crore. In addition, there is a requirement of 160-200 medium to heavy helicopter, valued at Rs 50,000 crore.For the naval systems, the company will focus on key systems as is evident from the licences for air independent propulsion technology and hull penetrators and connectors along with motor shafts and propulsion systems.  Reliance naval systems is already working on C4I, underwater systems, weapons, radars and electro optic systems.   the company is targeting different requirement from the Indian Navy, army and the Air Force. For the export market, Reliance Strategic Electronics Division (SED) plans to manufacture night vision devices (NVDs) and surveillance devices. This apart, the company plans to develop an infantry combat vehicle to address the domestic and global requirements.

Monthly Current Affairs



Fresherslive telegram Group

Current Affairs Section



Daily Current Affairs Quiz


Daily Current Affairs Videos Video Link
24th May 2019 Current Affairs Video
23rd May 2019 Current Affairs Video
22nd May 2019 Current Affairs Video
21st May 2019 Current Affairs Video
20th May 2019 Current Affairs Video
Watch more Current Affairs Videos





Subscribe to Current Affairs

Enter your email to get daily current affairs
SUBSCRIBE
Download Current Affairs PDF
Weekly pdf's
60 39
at 21 off

Monthly pdf's
250 125
at 125 off

Yearly pdf's
1200 499
at 701 off

YEARLY Current Affairs PDF

  • Yearly Current Affairs 2018 PDF



  • Currentt Affairs 2019 May

    25 MAY
    NEWS
    24 MAY
    NEWS
    23 MAY
    NEWS

    Currentt Affairs 2019 April

    30 APRIL
    NEWS
    29 APRIL
    NEWS
    28 APRIL
    NEWS
    27 APRIL
    NEWS

    Currentt Affairs 2019 March

    31 MARCH
    NEWS
    30 MARCH
    NEWS
    29 MARCH
    NEWS
    28 MARCH
    NEWS




    ×
    Download Current Affairs PDF
    Weekly PDF's
    60 39
    at 21 off

    Monthly PDF's
    250 125
    at 125 off

    Yearly PDF's
    1200 499
    at 701 off