The company has retained its topline growth guidance of 15 per cent in FY25 and expects a 15-17.5 per cent growth in the coming five years, expected to be led by defence, exports, and services
Singapore has made it clear that it will place the highest priority on ensuring the presence of Chinese components in joint ventures with Indian counterparts is kept to a minimum
Prime Minister Narendra Modi spoke about India becoming a global defence manufacturing hub, adding that growth in manufacturing was essential to generate employment in the country
The report says "Indian ammunition is on a fast track to grow, driven by a combination of strategic initiatives and pressing security needs"
Shares of DCX Systems rose up to 8.75 per cent at Rs 348.80 per share on the BSE in Friday's intraday deals
A Member of Parliament from Lucknow, Uttar Pradesh, Rajnath Singh, had taken up the responsibility to head the Ministry of Defence for the first time on June 1, 2019
Governments of countries purchasing arms must declare that they will not send the defence exports from India to any other country
Bharat Forge CMD Baba Kalyani explains what the new government should focus on in its first 100 days of taking office to give Make in India in defence a fillip
Aerospace and defence company, Israel Aerospace Industries (IAI), has opened its Indian subsidiary in New Delhi, according to an official statement. IAI made the announcement at an event held here. The opening of AeroSpace Services India (ASI) is in sync with the Indian government's vision of 'Atmanirbhar Bharat' and 'Make in India', it said. "This also shows the commitment to a strong partnership between IAI and DRDO in developing and supporting advanced systems for the Indian armed forces," the statement said. AeroSpace Services India is the "sole authorised OEM's Technical Representative for the entire Medium Range Surface-to-Air Missile (MRSAM) system," it said. "IAI proudly presentsI as our first major milestone towards India's Atmanirbhar Bharat vision on self-reliance. India and Israel's partnership has witnessed state-of-the-art achievement. This growth and development will create history when our two nations will foster IAI's technology and India's talent and expertise in
A new aerospace and defence policy will be formulated to provide a boost to defence manufacturing in Maharashtra, deputy Chief Minister Devendra Fadnavis said on Saturday. Speaking at the inauguration of 'MSME Defence Expo', a three-day event organized at Moshi in Pimpri Chinchwad near here, he said Pune has developed an ecosystem conducive for defence manufacturing in recent years. "Maharashtra is leading the country in defence manufacturing. We host the Air Force Maintenance Command, Army Southern Command, the Indian Navy Dockyard, Hindustan Aeronautics facility, Mazgaon Dockyard, National Defence Academy, and several DRDO laboratories," he said. BDL's missile production facility is coming up near Amravati, the deputy CM noted. Prime Minister Narendra Modi "recognized the country's real prowess", he said, adding that earlier India was dependent on other countries for defence equipment. "Today, countries like US, Russia, France and Germany are powerful because their defence ...
The Indian Army is set to issue a Request for Proposal for a project to produce 1,770 future ready combat vehicles to replace its existing fleet of T-72 tanks
The move will give a boost to Centre's push for 'make in India' initiative in a bid to promote self-reliance in the defence sector and overall economic growth
Air Chief Marshal VR Chaudhari has said the IAF has indigenised more than 60,000 components in the last two to three years. He also said the Air Force cannot rely on foreign OEMs (Original Equipment Manufacturers) for repair and overhaul maintenance activities and that it has to be done in-house. The IAF chief was speaking with reporters on the sidelines of a programme held in the Bhonsala Military School in Nagpur on Saturday. Queried on tracing the wreckage of a transport aircraft of Indian Air Force in the Bay of Bengal off the Chennai coast, the Air Chief Marshal said, "Unfortunately, it took so long but finally we at least got the technology to (explore) deep sea and locate such things in seabed". "We are grateful to the Ministry of Ocean and Earth Sciences for facilitating this and to be able to discover this wreckage. It brings closure to a long pending sad accident". The wreckage of an IAF transport aircraft has been located at a depth of around 3.4 km in the Bay of Bengal
The contracts include 697 bogie open military wagons from Jupiter Wagons Limited, and 56 mechanical minefield marking equipment from BEML Ltd
The 10-year contract between the defence ministry and BEL has been signed for the procurement of electronic fuzes for Indian Army
The Bengaluru-based firm's products have been deployed in India's next-generation radars, missiles, electronic warfare and avionics
The objective of the partnership between Airbus SAS and Tata Advanced Systems is to meet the demand for military transport aircraft as India replaces its ageing military transport fleet
India on Wednesday announced a fresh list of 98 military hardware including complex systems, sensors, weapons and ammunition that will only be only be procured from domestic industry after a ban on their import kicks in under a staggered time-line. Defence Minister Rajnath Singh made the announcement about the fifth positive indigenisation list at the 'Swavlamban 2.0' seminar organised by the Indian Navy. The key items included in the list are futuristic infantry combat vehicle, remotely piloted airborne vehicles (up to 25 km range with payload of 2 kg for Army), shipborne unmanned aerial system, medium upgrade low endurance class tactical drone, next generation low-level light radar for Army and electro optic fire control system for naval platforms. The list also comprised armour plates for cabin nose section for Mi-17 helicopter, multifunction aviation ground equipment for Air Force, gravity rollers for Mi-17 V5 helicopter and flares of P-8I and MiG 29-K aircraft. The new "positi
The AS9100D Aerospace Certification is the benchmark for ensuring exceptional quality in aviation, space and defence manufacturing and supply chain processes
According to a PLA delegation at Shangri-La Dialogues, Beijing believed that India would not be a 'loyal partner' of the American Indo-Pacific Strategy because of its independent diplomatic policy