Defence Psus - Latest News Update, Information, Photos & Videos on Defence Psus at Lokmat Times

Replying to a query in the Rajya Sabha whether order books of Defence PSUs were low, Singh said: "No, it is not.""The order book volume of Defence PSUs depends on the customers which is primarily the Armed Forces and export opportunities in the International market," the minister said.He said that the current order book value of the Hindustan Aeronautics Limited was Rs 59,832 crore. The Bharat Electronics Limited and BEML limited have book order value of Rs 56,300 crore and Rs 9,568 crore respectively.Rajnath Singh said that the Bharat Dynamics Limited has order Rs 7,200 crore, Mishra Dhatu Nigam Limited has order Rs 1,800 crore, Mazagon Dock Shipbuilders Limited has order of Rs 52,113 crore, Garden Reach Shipbuilders & Engineers Limited has order of Rs 27,407 crore. The Goa Shipyard Limited and Hindustan Shipyard Limited have order value of Rs 14,956 crore and Rs 2,805 crore respectively.The minister said that the government has taken various steps to improve the order book position such as modernisation of production capacity and infrastructure; emphasis on import substitution and indigenisation; promotion of exports; introduction of new technologies; and product diversification.He also said that joint ventures with foreign companies were being set up and preference was being given to 'Buy (Indian Indigenously Designed, Developed and Manufactured)' equipment.( With inputs from IANS )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Defence PsusFOLLOW

Defence psus, Latest News

International :Rajnath Singh to embark on Nigeria visit to attend swearing-in ceremony of President-elect Ahmed Tinubu

New Delhi [India], May 27 : Defence Minister Rajnath Singh is set to embark on a three-day visit to ... ...

National :Chintan Shivir in Kerala on making India global leader in maritime sector

Munnar (Kerala) [India], May 21 : The Ministry of Ports, Shipping and Waterways (MoPSW) on Sunday embarked upon its ... ...

National :Order books of Defence PSUs not low: Rajnath Singh

Denying that the booking orders of the Defence Public Sector Undertaking (PSU) were dangerously low which may not sustain them beyond 2020-21, the Minister of Defence Rajnath Singh said on Monday that the government has taken various steps to improve ...