INDIAN ARMED FORCES CHIEFS ON OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS
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"Over the past 60 years, the growth of SP Guide Publications has mirrored the rising stature of Indian Navy. Its well-researched and informative magazines on Defence and Aerospace sector have served to shape an educated opinion of our military personnel, policy makers and the public alike. I wish SP's Publication team continued success, fair winds and following seas in all future endeavour!"
Since, its inception in 1964, SP Guide Publications has consistently demonstrated commitment to high-quality journalism in the aerospace and defence sectors, earning a well-deserved reputation as Asia's largest media house in this domain. I wish SP Guide Publications continued success in its pursuit of excellence.
- Indian Air Force Aims for Full Indigenous Inventory by 2047 — Air Chief Marshal A.P. Singh
- General Upendra Dwivedi takes over as the Chief of the Army Staff
- Rajnath Singh assumes charge as Defence Minister for the second consecutive term
- Admiral Dinesh K. Tripathi assumes Command of the Indian Navy as 26th Chief of the Naval Staff
- Prime Minister witnesses 'Bharat Shakti' – a Tri-Services Firing and Manoeuvre Exercise in Pokhran, Rajasthan
CORPORATE
Bharat Dynamics pays highest dividend
S.N. Mantha, Chairman and Managing Director, Bharat Dynamics Limited (BDL) presented a dividend cheque of Rs. 47 crore for the financial year 2011-12 to the Defence Minister A.K. Antony recently.
The dividend by BDL, a Hyderabad-based public sector unit under the Ministry of Defence, works out to 40.87 per cent on the paid-up share capital of Rs. 115 crore.
This is the highest-ever dividend paid by Mini-Ratna Category–1 Company, which has achieved a record turnover of Rs. 959 crore during the financial year 2011-12.
To meet the growing demands of the Indian armed forces, BDL has embarked on an expansion drive. The company is setting up shortly its fourth manufacturing unit at Amravati in Maharashtra and the fifth one at Ibrahimpatnam in Andhra Pradesh.
Recently, the company has signed two contracts with the armed forces for refurbishment of vintage missiles held by the services. With this, BDL has added another business line to its field of activity.
In its pursuit of self-reliance in the field of critical technologies, BDL has productionised imaging infrared seekers for Nag anti-tank guided missile. The ToT was given by DRDO. With this, BDL has joined the elite group of companies producing Seekers in the world.
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