5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

India offers local defense production to Philippines

by
March 2, 2026
in Stock
0
India offers local defense production to Philippines
BrahMos fired from INS Chennai during TROPEX 2017. – COMMONS.WIKIMEDIA.ORG

INDIA’S defense industry is pitching production lines in the Philippines as Manila boosts its military modernization.

Ashish Kansal, co-chairman of the Federation of Indian Chambers of Commerce and Industry’s defense committee, said Indian manufacturers are ready to sell systems used by India’s armed forces and set up local production to meet Philippine demand.

“We are more than willing to set up actual production bases within the Philippines, so it has the right surge capacity to produce products for its own demand,” he told a defense expo in Makati City on Monday. “We are… giving not just the second best, but the best we give our armed forces.”

The move comes as the Philippines earmarks roughly $35 billion (P2 trillion) over the next decade for warships, missiles and other platforms, mainly sourced from South Korea, Israel and the US, to bolster deterrence amid tensions with China in the South China Sea.

“Modernization, however, cannot stop at acquisition,” Philippine Major General Ivan DR. Papera, chief of the military’s modernization office, told the event organized by the Indian Embassy in Manila. “Modernization must be sustained, and sustainment requires industrial partnership.”

Reading a statement from military chief General Romeo S. Brawner, Jr., he added: “Modernization without industrial capacity creates dependency.”

The remarks underline Manila’s push to strengthen its domestic defense industry under a 2024 law that encourages foreign suppliers to partner with local companies, building self-reliant capabilities with the help of trusted strategic partners.

Mr. Papera called India a “natural and strategic partner” in this effort, citing its experience in missile development, shipbuilding, aerospace, cyber systems and defense electronics.

Indian Ambassador to the Philippines Harsh Kumar Jain said India is ready to help Manila develop, produce and explore joint military projects to strengthen the country’s deterrence capabilities. He described the Philippines as a key pillar for a stable Indo-Pacific region.

“India stands ready as a reliable and steadfast strategic partner to work closely with the Philippines in building capacities, enhancing resilience and contributing to a secure and stable democracy,” he told the expo. He added that Indian defense manufacturers are increasingly seeking partnerships focused on co-development, co-production and technology transfer with trusted allies like the Philippines. 

The Philippines has already bought BrahMos supersonic cruise missiles from India. Three orders placed in 2022, worth $375 million, aiming to boost anti-ship capabilities in response to repeated confrontations with Chinese vessels in contested waters.

Despite a 2016 United Nations-backed ruling voiding Beijing’s claims, China asserts sovereignty over the energy-rich South China Sea.

Manila has accused Chinese ships of using water cannons and aggressive maneuvers to intimidate Philippine vessels.

China insists its operations in the South China Sea comply with international law. — Kenneth Christiane L. Basilio

Previous Post

Panel report on flood mess sought

Next Post

House committee keeps two impeachment complaints versus VP Duterte

Next Post
House committee keeps two impeachment complaints versus VP Duterte

House committee keeps two impeachment complaints versus VP Duterte

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    BrewDog sold to Tilray in £33m rescue deal as 38 bars close and 484 jobs cut

    BrewDog sold to Tilray in £33m rescue deal as 38 bars close and 484 jobs cut

    March 2, 2026
    Philippine government prepares OFW repatriation amid war in Middle East

    Philippine government prepares OFW repatriation amid war in Middle East

    March 2, 2026
    PHL told to seek Korean investment beyond tariffs

    PHL told to seek Korean investment beyond tariffs

    March 2, 2026
    House committee keeps two impeachment complaints versus VP Duterte

    House committee keeps two impeachment complaints versus VP Duterte

    March 2, 2026

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.