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DOMESTIC VALUE ADDITION IN DEFENCE
Rajnath Singh clears transfer of DRDO-developed missile technologies to Indian firmsDefence Minister Rajnath Singh's recent approval to transfer missile technology from DRDO to Indian businesses marks a pivotal step towards...
Indian defence firm Sigma deepens ties with UK's Rolls-Royce in Rs 1,600 crore dealSigma Advanced Systems secured a new £125 million contract with Rolls-Royce. This agreement expands their existing partnership and builds o...
Lockheed-Tata partnership makes India key link in global C-130J production: US Envoy Gor as he visits Hyderabad facilityU.S. Ambassador Sergio Gor emphasized India's pivotal role in global aerospace production. The collaboration between Lockheed Martin and Ta...
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal OswalThe government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong dome...
Will Paras Defence, MTAR Tech, HAL, other defence stocks deliver explosive returns? Here's what analysts sayDefence stocks are currently soaring, largely fueled by progressive government reforms aimed at strengthening the sector. Analysts maintain...
Fire in the belly: Defence industry must move from 'Make in India' to 'Own in India'Amidst ongoing discussions in Indian defense, leaders emphasize the importance of fostering indigenous intellectual property and scalable p...
Germany’s COBRA drone completes first flight, designed to carry IRIS-T missileGermany’s COBRA unmanned aircraft has completed its maiden flight as POLARIS Raumflugzeuge and Diehl Defence develop a reusable carrier for...
Defence ministry backs major shipbuilding, manufacturing expansion in West BengalDefence Minister Rajnath Singh inaugurated five expansion projects for GRSE and YIL. These initiatives aim to significantly boost shipbuild...
UAE installs low-cost defence to counter slow-moving Iranian drones targeting oil storage tanks, video goes viralA viral X video claiming to show the UAE's new “cope cages” around fuel storage tanks has crossed 1.8 million views as the country complete...
Apple may expand manufacturing in India beyond iPhonesIn an effort to bolster its device manufacturing sector, India has launched a new scheme aimed at enticing industry leaders like Apple and ...
India set to approve $1.2 billion incentive plan to make building equipment, sources sayIndia is set to launch a $1.2 billion incentive scheme to stimulate local manufacturing efforts. This initiative aims to draw in $1.8 billi...
Medical devices industry needs to focus more on local value addition: Pharma SecyThe medical devices sector must increase local value addition and component manufacturing. Government officials are open to industry sugges...
Paras Defence expects exports to double as Middle East conflict boosts demandParas Defence anticipates its export revenue will double this fiscal year. This growth is driven by Middle East conflict and rising geopoli...
Stocks in news: ONGC, BPCL, RailTel Corporation, Exide Industries and Lohia CorpThe Indian stock market experienced a downward trend for the sixth consecutive session on Tuesday, influenced by rising oil prices and soar...
Defence stocks fire up! Paras Defence, GRSE, other stocks jump up to 10% as govt notifies 6th indigenisation listDefence stocks surged up to 10% after the Defence Ministry unveiled its sixth Positive Indigenisation List covering 405 items with Rs 3,070...
Defence Ministry notifies sixth indigenisation list of 405 items including gears for light helicopters, tanks and light combat aircraftThe Defence Ministry has released its sixth indigensition list, featuring 405 items. These components and systems will now be exclusively s...
PM Modi says India securing critical minerals, deepening global supply partnershipsIndia is increasing efforts to secure critical minerals and forge partnerships. The nation is strengthening access to vital resources for t...