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The agreement aims to combine the two companies' product portfolios to meet the needs of both global and local customers
Analysts at Jefferies see up to 32% further upside on Data Patterns stock, and up to 18% and 10% for BEL and HAL; owing to global geo-political tensions and India's focus on self-reliance.
The strategic move is expected to enhance Karnataka's aerospace ecosystem and help create over 1,600 direct and 25,000 indirect jobs in the state
India's rise as a reliable exporter of defence equipment provides an excellent opportunity to embellish its growing stature on the global stage
According to the IAF, the seminar aimed to explore the changing nature of aerospace power and its role in future battlespace operations
Foreign procurement in defence rises to Rs 50,061 cr
State targets 100,000 jobs in the sector as it seeks to be trillion-dollar economy by 2031
The rocket, Long March 5B, was used to send the final part of the Tiangong space station called Mengtian to the space station
MoUs for investment worth Rs 12,000 crore already signed with private firms and institutions, says nodal chief
This is directed towards promoting indigenous defence capability, specifically amongst micro, small and medium enterprises and start-ups
Pressure from global aerospace vendors for uninterrupted supply building up
Infrastructure, skilling, access to funds - these fundamentals need to be fixed first for India to achieve its aerospace targets
CRJ Series regional jets have transformed the airline industry over the past 25 years, and promise to keep making aviation better and more accessible to more communities around the world over the next
The state govt has requested the Defence Ministry to set up manufacturing facility by HAL for Light Combat Aircrafts and Helicopters