About DefExpo:
India will turn a bustling hub for the global defence industry when it hosts the seventh edition of the biennial Defence Expo at Pragati Maidan in New Delhi from March 29 to April 1.
Organised by the Ministry of Defence, Defexpo 2012 - Land, Naval and Internal Security Systems Exhibition, will provide a grand platform to world's leading defence firms and industry heavyweights to showcase and promote their latest military equipment, weapon systems and technological know-how, especially in the Asian region, which has fast emerged as a lucrative market for major military deals, defence co-operations and technology transfers.
India, which has been pursuing a rapid military modernisation programme by acquiring new weapons and equipment for all three wings of its armed forces with a thrust on indigenised defence production, will also exhibit and promote its domestic defence industrial developments during the mega event.
The four-day international event - pegged to be one of Asia's largest - will attract the participation of 567 defence companies from 32 countries worldwide.
A seminar on "Enhancing Defence Production Capability through DPP" will be organised alongside the event on March 29. The seminar will provide a unique opportunity for both the domestic and foreign industry to interface with senior officials from the Ministry of Defence on defence procurement issues.
Government is looking into the complaints about the procedure to determine the winner of multi-billion dollar combat aircraft deal, Defence Minister A K Antony on Thursday said while admitting that there was no money to sign such a big deal in this fiscal.
After scrapping the Rs 3,600 crore AgustaWestland chopper deal, Defence Minister AK Antony on Thursday said the cancellation of contracts leads to delays in modernisation of armed forces but the Government will continue to take such actions to end malpractices and corruption in military acquisition process.
Defence Minister A K Antony on Thursday said peace cannot come at the cost of India's security concerns and emphasised that all steps are being taken to modernise armed forces so that they are equipped with best weapon system and technologies.
Honourable Defence Minister of India, Shri A K Antony on Thursday released the third edition of the global military yearbook "Brahmand World Defence Update 2014" on the inaugural day of Defexpo at Pragati Maidan in New Delhi.
Russia plans to promote a large number of army and naval equipment, air defence systems and aircraft models at DEFEXPO 2014 besides holding discussions on industrial cooperation with India.
The US-India Business Council is sending a high-powered delegation to India to participate in Defexpo to boost industrial cooperation, and advance defence and bilateral strategic partnership.
Swedish defence firm Saab Group has tied up with Indian Ashok Leyland for Indian Army's requirement for short-range Surface-to-Air-Missile system tender.
The Agni-5 intercontinental ballistic missile, which has a strike range of more than 5,500 km, is expected to be ready for induction into the armed forces by next year after completion of development trials, DRDO chief Avinash Chander said on Friday.
The CT-BMS, developed by IAI's subsidiary and group, ELTA Systems Ltd., is specifically designed to address the challenges of tactical land forces command, control, collaboration and realtime situational awareness.
Homegrown auto major Tata Motors is eyeing around 15 per cent growth in revenues from its defence business over the next two financial years, according to the company's Vice President V S Noronha.
India's state-owned Bharat Electronics Limited and American defence major Textron Systems have signed a MoU for providing unmanned sensors to guard the border areas.
China has not responded to the Indian invite to send its delegation to the biennial military exhibition Defexpo, Defence Minister A K Antony has said.
French shipbuilder DCNS is exhibiting a wide range of state-of-the-art naval platforms and systems, including the Scorpene attack submarines, Barracuda class nuclear submarines and FREMM multi-role frigates at Defexpo 2014.
Citing the "challenging" geo-political realities around India, Defence Minister A K Antony on Thursday said the government was taking necessary steps to modernise armed forces.
Indian shipyard Pipavav and German Atlas Elektronik will enter into a joint venture to offer a heavyweight torpedo to the Indian Navy.
Bharat Electronic Limited on Friday signed an MoU with French firm Sagem to explore the potential of working together in the production and supply of naval sensors and other equipment.
Looking for a bigger play in defence sector, Hinduja flagship firm Ashok Leyland is in talks for partnerships with global companies to participate in tenders for Indian military supplies as it expects the segment to grab a 10% share of the total business within 4 years.
Helicopters and transport aircraft offered to Indian Armed Forces would be the focus of the European Airbus Group at the four-day Defexpo 2014 starting February 6. 
India on Monday successfully test-fired its nuclear-capable strategic missile Agni-IV, with a strike range of about 4,000 km, from a test range off the Odisha coast.