The potential market opportunity for Indian defence companies is expected to rise at 14 per cent CAGR (Compound annual growth rate) over financial year (FY) 2024-FY 2030E (Estimated) driven by the government's indigenisation focus on export opportunity.
Defence Minister Rajnath Singh on Friday interacted with the senior leadership of US defence companies here in an industry round-table organised by the US-India Strategic Partnership Forum and outlined the various emerging co-development and co-production opportunities in the defence sect
The progressive reforms undertaken by India have encouraged foreign original equipment manufacturers (OEMs) to establish their presence in the country, defence Minister Rajnath Singh said during an interaction with the senior leadership of US defence companies on Saturday.
The revenue of private defence companies is set to grow by 20 per cent during the current financial year 2024-25, according to a report by CRISIL Ratings.
Emirates Defence Companies Council will participate in the sixth edition of the Unmanned Systems Exhibition and the Simulation Training from January 22 to 25 at the Abu Dhabi National Exhibitions Centre
Union Defence Minister Rajnath Singh on Wednesday met with the CEOs of the top French defence companies with a focus on their plans for collaboration with India in France, Paris.
"Had a wonderful interaction with the CEOs and other top industry leaders of Italian defence companies in Rome today. Highlighted the defence manufacturing opportunities in India. The complementary capacities of Indian and Italian defence industry could be optimised in a win-win situation,"
Black Cobra Military Supplies (BCMS), a tactical gear manufacturer based in Abu Dhabi, and a member of Emirates Defence Companies Council (EDCC) - and OSTIM Defense and Aerospace Cluster in Ankara (OSSA), Republic of Turkey, have signed during International Defence Exhibition 2023 in Istanbu
After 1989, China fell out of favour with Western defence companies selling military equipment to China and the People's Liberation Army (PLA), which was culpable in
the deaths of hundreds of peaceful protestors in the Tiananmen Square massacre.
"Glad to speak with Canadian Defence Minister Ms Anita Anand. Welcomed Canada's Indo-Pacific strategy. Excellent discussion on ways to develop the bilateral defence relations including industrial collaboration. Invited Canadian defence companies to invest and manufacture in India," Defence M
Modi said today India isn't just a market for world defence companies but is a partner, and the country is also emerging as a suitable partner for countries that are looking to fulfill their security needs.