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NEW DELHI, Dec 6: The President of India has approved introduction of a new design for the President’s Standard and Colour and naval crest for the Indian Navy, officials said. These were unveiled in Visakhapatnam on the occasion of the Navy Day on December 4. The erstwhile design of the President’s Standard and Colour for the Indian Navy was instituted on September 2017. The design comprised one each horizontal and vertical red bands intersecting at the centre and the National […]

President Droupadi Murmu on Monday, approved the introduction of a new design for the President Standard and Colour and Indian Navy Crest for the Indian Navy,

Share this article Share this article ResearchAndMarkets.com's offering. The Indian Defence market represents accessible cumulative capital and revenue acquisition opportunity of $306.95 billion from 2021 to 2030. India aims to increase its defence production output to $25 billion, including exports of $5 billion. Simultaneously, the FY 2021-2022 defence budget's capital allocation was hiked by 18.7% to provide for modernisation. The Indian defence market is at the cusp of a revolution, with the introduction of policy changes that promise to reduce program delays and speed up acquisition. Pro...