According to the monthly economic review by the Ministry of Finance, recent reports indicate that a growing number of organizations in the US and Europe are focusing on reindustrialization. These organizations are primarily aiming to enhance supply chain resilience, a strategy that could sig
Defence Minister Rajnath Singh on Thursday highlighted India's ability to balance its historically reliable and strategic partnership with Russia while nurturing its growing relationship with the US.
According to a report by Jefferies, with an estimated domestic defense opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR) from FY23 to FY30.
Defence exports have touched a record Rs 21,083 crore (approximately USD 2.63 billion) in the financial year 2023-24, with a growth of 32.5 per cent over the last fiscal when the figure was Rs 15,920 crore, a Ministry of Defence release said.
Defence Minister Rajnath Singh posted on x," Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed Rs 21000 crore mark for the first time in the history of Independent India! India's defence exports have recahed to the level of Rs.21
With India looking to increase its defence exports, India's friendly countries in the Middle East and North African region are showing keen interest in the ground and air-launched version of the BrahMos supersonic cruise missile.
Chief of Army Staff (COAS), General Manoj Pande, visited the Maharashtra MSME (Micro, Small, and Medium Enterprises) Defence Expo 2024 on Monday at the International Exhibition Convention Centre in Pune.
Chief of Naval Staff Admiral R Hari Kumar visited the defence expo on Monday in Pune. During his visit to various stalls of various defence manufacturing MSME industries , the Navy Chief highlighted the significance of MSME in India's mission to become Atmnirbhar Bharat in defence manufac
To enhance cooperation and synergy with the industry, Defence Research and Development Organisation (DRDO) organised a DRDO-Industry Meet on February 25 during the Maharashtra MSME Defence Expo 2024 at Pune.
Defence Research and Development Organisation and Mahindra Defence have together developed the advanced version of the Wheeled Armoured Platform and showcased it at the Defence Expo being held in Pune from February 24 to 26.