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DEFENSE INDIGENISATION
Sigma Advanced Systems raises Rs 460 crore via preferential allotmentSigma Advanced Systems secured Rs 460 crore through preferential allotment for expansion. Spark Capital led the fundraising, placing funds ...
IT still a question mark; 6 sectors where Envision Capital's Nilesh Shah is actually putting moneyNilesh Shah, MD and CEO of Envision Capital, is buying through market volatility but steering clear of IT, questioning the validity of curr...
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defenc...
BEL signs MoU with RRP Group to develop semiconductors, unmanned and EO systemsBharat Electronics Limited (BEL) has joined forces with RRP Electronics and RRP Defense. This collaboration will explore new business avenu...
Local sourcing key to weapons 'autonomy'India continues to be the second-largest global arms buyer. This is despite a strong push for domestic weapon production. Defense spending ...
Manufacturing boost: Three cheers for 3-tier Swadeshi approachIndia can boost domestic manufacturing in key sectors like oils, pulses, and pharmaceuticals. Other areas like battery cells and solar wafe...
Rajnath Singh unveils roadmap for Project Sudarshan Chakra at commanders’ meetDefence Minister Rajnath Singh emphasizes the need for a strong domestic defence industry. He highlights the unpredictable nature of modern...
Will Budget 2025 add more firepower to Indian defence industry's local manufacturing, self-reliance push?Defence Budget 2025 Expectations: India is advancing towards self-reliance in defence by focusing on domestic procurement, increasing inves...
JSW Defence announces partnership with US firm to indigenise, manufacture Unmanned Aerial SystemJSW Defence partners with US-based Shield AI to manufacture V-BAT drones in India. This collaboration aims to bolster India's defense capab...
This defence MF gave over 100% return in a year. Worth a look ahead of Budget?Defence MF offers over 100% return in a year! Is this the key to financial success ahead of the Budget? Find out why experts are buzzing ab...
R-Day 2024: From first twin seater Tejas to record increase in defence capital budget: India's 'Atmanirbharta in Defence'Numerous projects for modernisation and increasing the lethality of the Armed Forces to include procurements of 26 Rafale marine Aircrafts,...
Optiemus Infracom forays into drone design and manufacturingDomestic wearables and telecom equipment manufacturer Optiemus Infracom announced its foray into high-precision drones with a new division ...
India's leap towards self-reliance: Defence Minister unveils new cutting-edge innovations at 'Swavlamban 2.0India's Defence Minister, Rajnath Singh, announced a series of measures to enhance self-reliance in the defense sector at the 'Swavlamban 2...
India's Defence Ministry approves fourth 'positive indigenisation list' to boost local manufacturingThe Indian Defence Ministry has approved a list of 928 components and subsystems that will only be procured from domestic firms once import...
Stimulus impact: HAL, BEL, other defence-linked stocks rally up to 5%Phillip Capital said L&T, BEL and Bharat Forge would be key beneficiaries of the increase in FDI limit in defence manufacturing.
Government doing everything to make India proud on security, defence fronts: Ajit DovalThe NSA was speaking at the launch of "The Nationalist", a biography of A M Naik, chairman of engineering and construction giant L&T, writt...
Government extends validity of industrial licences to 7 yearsThese announcements are part of government’s plan to promote indigenisation of India’s defence production and cut its large import bill on ...
Defence Modernisation: A Revolution in Indian Defence ProcurementIn a study, we found the Indian government has roughly 5.6 million small arms; 2.6 million in the military, the others with police and para...
India has strong legal framework to protect IP: BoeingThe statement from Boeing assumes significance in view of the fact that a section of influential American corporate sector has been lobbyin...
India's decision on FDI a positive step: US defense industry"However, we await the final details to understand the meaningful changes this would bring to the defense sector and local industry,"