The event aimed to explore business opportunities for Micro, Small, and Medium Enterprises (MSMEs) and enhance their competitiveness in defence manufacturing and exports.
The Production Linked Incentive (PLI) schemes across 14 sectors under the Make in India initiative are demonstrating good results. The manufacturing and construction sectors saw near double-digit growth in FY 2023-24.
In a major success for indigenous weapon systems, the Indian Army has received the supply of 480 loitering munitions made by a Nagpur-based defence manufacturing firm with over 75 per cent indigenous content.
In the fast-changing geopolitical environment, India needs to be well prepared to tackle any situation, President Droupadi Murmu said on Thursday and noted that geopolitical dynamics have changed the security landscape and there is a need to have deep understanding of national and global iss
Rapidly increasing defence exports, a huge focus on domestic manufacturing, high returns on capital employed (RoCE), and strong cash flows are key attributes for the potential growth in the sector.
Bengaluru (Karnataka) [India], November 22: Phillips Machine Tools, a 100% owned subsidiary of Phillips Corporation USA and a global provider of advanced manufacturing solutions, will host the second edition of the AeroDef Symposium on November 29, 2024, in Bengaluru in partnership with E
Defence Minister Rajnath Singh addressed the annual session of the Society of Indian Defence Manufacturers (SIDM) on Friday. During his address, he spoke about the various challenges and the subsequent leaps made in the country's defence manufacturing.
The project 75 that was started in 2006 has been a first of its kind in indigenous naval defence manufacturing and it has gained momentum after Prime Minister Narendra Modi took office in 2014, said Soumyajyoti Basu, Vice President of Sales at Naval Group (India).
State-owned defence manufacturer Bharat Electronics Limited (BEL) on Wednesday announced it has secured orders worth Rs 1,155 crore, in two separate deals.
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.
Hindustan Aeronautics Limited (HAL) showcased the versatility of its Advanced Light Helicopter (ALH) Dhruv MkIII at the inaugural Egypt International Airshow 2024, the company stated on Thursday.
Nagpur (Maharashtra) [India], September 5: SBL Energy Limited, one of the largest mining and industrial explosives manufacturers in India, has inaugurated its TNT manufacturing plant. The TNT plant, set up at the company's 225-acre manufacturing facility at Yenvera in Nagpur, Maharashtra, is