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TDB kicks off RDI fund disbursal, backs startups across space, drones, biotechThe Technology Development Board (TDB) has begun disbursing the first tranche of the Rs 1 lakh crore Research and Development Initiative (R...
Op Sindoor legacy: India moves from borrowing muscle to becoming a source for global playersIndia's defense sector is experiencing a historic upswing, with exports surpassing 38,000 crore rupees. This surge is directly linked to th...
Pahalgam anniversary: How the 2025 terror attack triggered Rs 3 lakh crore defence boom and created 3 multibagger stocksOne year after the Pahalgam terror attack, India’s defence sector has entered a major upcycle, adding Rs 2.9 lakh crore in market cap as th...
BEL inks pact with BMIT for advanced defence electronics, aerospace systemsDefence PSU BEL has partnered with BMIT. They will work together on advanced electronic modules and systems for defence and aerospace. The ...
Defense Minister Rajnath Singh sets target for drone self-reliance by 2030India is boosting its drone manufacturing capabilities. The defence ministry plans to reduce reliance on foreign drones and components. A 2...
MoU signed for AI-enabled drone capabilities for Indian Army Land SystemsBengaluru's 515 Army Base Workshop and IndyASTRA Technologies have partnered to boost the Indian Army's drone capabilities. This collaborat...
Drone startup Garuda Aerospace secures Rs 100 crore funding from Venture Catalysts at $250 million valuationGaruda Aerospace, backed by MS Dhoni, has raised Rs 100 crore in series B funding at a $250 million valuation. The funds will be used to bo...
Indian defence SMEs to play key role in Europe’s arms build-up: Harshit KapadiaHarshit Kapadia from Elara Securities India discusses the beneficial impact of Europe's $850 billion rearmament plan on Indian defence comp...
Aero India: AKSI Aerospace enters agreement for drone manufacturing with FIXARAKSI Aerospace Group and FIXAR Global have entered into a significant agreement for drone manufacturing in India, valued at Rs 85 crore. Th...
India plans new PLI scheme for drones sectorThe government plans a new, improved Production-Linked Incentive (PLI) scheme for the drone sector, addressing past challenges faced by sta...
HFCL shares rally 6% on signing strategic partnership with General AtomicsThis partnership marks a milestone in HFCL’s journey, as it becomes a key contributor to one of the world’s most sophisticated unmanned aer...
Garuda Aerospace to set up dedicated defence drone facility near ChennaiGaruda Aerospace plans to set up a Defence Drone facility in Chennai, aligning with the 'Make in India' campaign. The facility will focus o...
This small cap defence stock has an upside potential of 21%, suggests JM FinancialJM Financial has initiated coverage on ideaForge Technology with a target price of Rs 845, citing its strong technology and global expansio...
Quality standards for drones and EVs in works, says Piyush Goyal"New areas where we are looking at standards are areas like drones...Similarly we are working on standards for EVs and the charging infra o...
Big tech gains, but it'll take India 8 years to build proper UAV ecosystem: Pawan GoenkaSpeaking to ET, the former IIT-Kanpur alumni said, "As of today, all components required for the assembly of drones are imported. There is ...
Paras Aerospace launches PARAS.AI drone IT product enabling data processing requirementsParas Aerospace is the only drone company to have indigenous camera payload manufacturing along with electronics, advanced composite and ha...
Dorf Ketal's Trentar to invest Rs 100 crore for drone manufacturingTrentar, which recently acquired Noida-based drone services and platform company GarudaUAV, has appointed Dhruv Arora as its CEO. With this...