Speaking at the event, Australian High Commissioner to India, Barry O’Farrell AO, said he wanted to see Australian and Indian firms partner and grow together. In a discussion facilitated by the Confederation of Indian Industry, top officials from the Indian and Australian Space agencies and industry representatives discussed the ‘Commercial Opportunities across the Aus-India Space Ecosystem’. This gains significance given how Australia is planning on tripling its Space Economy by 2030 and India’s recent reforms to permit end-to-end private participation in space activities, besides the ongoing plan to permit Foreign Direct Investment in the Space sector. Top Australian government officials, representatives of the Australian Space Agency and entrepreneurs expressed interest towards an active bilateral cooperation with India in the Space sector. That model will be replicated throughout the country so the entire military is under a new operating structure by 2024, said the officials, who asked not to be identified due to rules for speaking to the media. Last month, a newly created Department of Military Affairs ordered the Indian Army unit overseeing the Pakistan border to draw up a plan for integrating with the navy and air force, according to officials aware of the developments. work with Australia to put more nuclear-powered submarines in Asia-Pacific waters.
The moves to integrate the army, air force and navy - which now operate with little coordination - come as the U.S. Modi, who will attend a meeting of Quad leaders at the White House Friday along with Australia’s Scott Morrison and Japan’s Yoshihide Suga, is taking steps to undertake the biggest reorganization of India’s military since independence in 1947. and its allies, which are strengthening defense cooperation against China. India’s long-delayed plans to overhaul its military are getting a new life as Prime Minister Narendra Modi’s government moves closer to the U.S. Talks with Lockheed Martin are already underway and these platforms will likely become the testbed for the Air-Launched Unmanned Aerial Vehicle (ALUAV) program and also be the first to be used as airborne signals intelligence system that later will also be incorporated into the rest of the fleet. IAF proposals for six additional C-130J Tactical Transporters too could be cleared and come as a welcome boost to the existing fleet of 12 aircraft. As per defense sources close to, much-waited talks for 36 additional Dassault Rafale is already underway with France for its F4 Standard variant that is much more advance than the present F3-R standard that could see deliveries starting from 2026 onwards. Indian Air Force (IAF) and Indian Navy are working out Mega billion-dollar defense deals worth $25 Billion that are under pipeline or close to either being negotiated or are close to being signed in the coming months as the Indian Government plans to convert most of this pending purchase proposals into contracts in 2022.
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