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DEFENCE MANUFACTURING ECOSYSTEM
India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: ReportIndia's semiconductor market is projected to reach USD 155 billion by CY31, implying a compound annual growth rate (CAGR) of 20 per cent an...
GRSE, YIL step up shipbuilding, defence manufacturing capacity in West BengalGarden Reach Shipbuilders and Yantra India are expanding defence manufacturing capabilities. Five brownfield projects will involve investme...
Defence Minister Rajnath Singh lays foundation for 5 expansion projects of GRSE, Yantra IndiaDuring a virtual event, Defence Minister Rajnath Singh inaugurated five noteworthy expansion projects, collectively valued at nearly Rs 3,5...
AlgoFET secures Rs 15 crore from Piper Serica to scale autonomous drone infrastructureAlgoFET has raised Rs 15 crore in funding, spearheaded by Piper Serica, to accelerate the growth of its autonomous ground infrastructure fo...
India to enable BVLOS drone operations by end-2026, says Civil Aviation MinisterIndia plans drone sector reforms, aiming for BVLOS certification by 2026. A new financial incentive scheme will boost domestic drone manufa...
NFO Alert: Invesco Mutual Fund announces launch of pharma and healthcare fundInvesco Mutual Fund has launched a new open-ended equity scheme. This fund will invest in India's evolving pharma and healthcare sectors. I...
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...
Sigma Advanced Systems shares rally 5% on Rs 155 crore anti-drone orders; stock up 105% in 3 monthsSigma Advanced Systems shares gained nearly 5% after the defence technology company announced orders worth around Rs 155 crore for its Indr...
Reliance Industries share price: Morgan Stanley reiterates positive view after Rolls-Royce partnership planMorgan Stanley retained its positive view on Reliance Industries after its partnership with Rolls-Royce to develop indigenous combat engine...
Reliance Industries, Rolls-Royce to partner on indigenous AMCA combat engineReliance Industries and Rolls-Royce will partner for India's advanced combat aircraft engine. They plan to establish a dedicated aerospace ...
MoD signs Rs 1,577 crore contracts for Loiter Munition Systems for Indian ArmyThe Ministry of Defence has finalised contracts worth Rs 1,577 crore for Loiter Munition Systems, which will enhance the artillery capabili...
Assam eyes Japanese investment, JETRO delegation explores partnerships in semiconductors, tea, and tourismAssam's chief secretary met a Japanese delegation to explore investment opportunities. Discussions covered semiconductors, renewable energy...
HAL partners with Adani Defence, BEML to make Prachand Combat Helicopter fuselagesHindustan Aeronautics Limited has partnered with Adani Defence and BEML. These agreements will boost indigenous helicopter production capab...
Reliance Industries, Rolls-Royce announce strategic intent to partner on indigenous AMCA combat engineReliance Industries and Rolls-Royce have announced their strategic intent to partner on developing an indigenous combat engine for India’s ...
Lufthansa Technik eyes Bengaluru for expansion; Karnataka minister pitches state’s aerospace ecosystemIndustries minister MB Patil said this after meeting a delegation led by Marcel Pastuska, CEO, Lufthansa Technik Services India (Bengaluru)...
Lufthansa Technik eyes Bengaluru for expansion; Patil pitches state’s aerospace ecosystemBengaluru is under consideration by Lufthansa Technik for an expansion of its aircraft maintenance capabilities. Recently, representatives ...