Startup India sops to boost deeptech firms’ revenue, researchThe government's move to allow deeptech startups into the Startup India scheme could improve their ability to raise funds and build technol...
Navy to buy underwater remotely operated vehicles from Odisha-based start-upOdisha-based deep-tech startup Coratia Technologies secured a Rs 66-crore contract with the Indian Navy to supply indigenously developed Un...
Private equity firm SKEGEN inks Rs 500 crore MoU with iDEXOf this amount, SKEGEN will invest Rs 360 crore to support two iDEX winners -- Sagar Defence Engineering and Zeus Numerix – for innovation ...
Agnit Semiconductors raises $3.5 million in seed roundThe five-year-old Bengaluru-based startup, which was also one of the nominees for the 'Top Innovator' category at the ET Startup Awards, ha...
Explosive growth: How defence sector became a darling of investorsMotilal Oswal Nifty India Defence Index Fund breaks records by collecting Rs 1,676 crores during its NFO period. India's defence sector exp...
Shot by shot, Indian military is getting atmanirbharThe government aims to increase India's annual defense production to nearly three times its current level, reaching Rs 3 lakh crore by 2028...
India’s defence production is $13 bn and growing, and MSMEs are providing the tailwindThe government’s push for indigenisation in defence has encouraged smaller players to get into the game and reduce India’s dependence on im...
View: Defence exports have witnessed a considerable uptick, even as some bottlenecks need removingNarendra Modi's dialogue on India's defence exports with Vladimir Putin in September 2022 led to a remarkable surge of ₹21,083 crore in 202...
DefConnect 2024: Rajnath Singh launches ADITI scheme, allocates ₹750 crore to promote innovation in Defence TechnologiesThe Ministry of Defence (MoD) announces ₹750 crore corpus under ADITI scheme to boost innovation in defence tech. The scheme aims to develo...
Newspace raises $52 mn, the largest equity raise for an Indian defence startupNewspace Research & Technologies (NRT), a leading drone manufacturer in India's defence sector, has secured $52 million in a bridge round, ...
Defence Minister launches 'iDEX Investor Hub', Rs 200 crore pledged by investorsInnovations for Defence Excellence (iDEX) is the flagship initiative of the Department of Defence Production to encourage startups and othe...
ET Awards 2021: Strong defence capabilities are irreplaceable when it comes to protecting national interests, says Defence Minister Rajnath SinghOnly a prosperous country can support an adequate level of defence spending, improve the quality of its human resource and fund the science...
Key drivers for ‘Aatmanirbhar’ Defence Sector in IndiaTo achieve the desired growth, the two main cornerstones will be indigenisation and self-reliance in defence manufacturing.
Defence Expo 2022 to have event for startups to pitch ideas in front of live audience, investorsiDEX, which works under the defence ministry, supports the defence startups in the country. The ministry said Invest4iDEX will be one of th...
US' IDEX Corp to invest Rs 500 cr in India, to set up new plant in GujUS-based IDEX Corporation, has drawn up plans to invest Rs 500 crore in the next three to five year time in its India operations. As part o...
Self-reliance in defence equipment manufacturing crucial for maintaining India's strategic autonomy: Rajnath Singh"The iDEX initiative stands out as one of the most effective and well-executed defence Start-up ecosystems created in our country. I believ...
Saudi Arabia permits China to set up 1st drone factory in Middle EastSaudi's KACST had signed a partnership agreement on March 16 with China's CASC, which makes China's CH-4 unmanned aerial vehicle (UAV)