Nibe Space Pvt. Ltd. (NSPL), a subsidiary of Nibe Limited, a pioneering name in manufacturing critical systems for the defence sector, today announced its ambitious vision to establish India's first multi-sensor, all-weather, high-revisit Earth Observation Satellite Constellation at an event
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.
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
India's defence exports have surged from Rs 15 billion in 2017 to Rs 210 billion in 2024, registering a CAGR of 46 per cent, highlighted a report on 'Defence Conference 3.0' by Antique Stock Broking.
The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals worth Rs 1.4 trn will not only boost domestic defence manufacturing but will contribute to the growth of the PSU companies in the defence sector, highlighted a report by Antique Stock Broking.
Hindustan Aeronautics Limited (HAL) and SAFHAL Helicopter Engines Pvt. Ltd. (SAFHAL) have signed an airframer contract, to commence joint design, development, manufacture, and supply and support of a new generation high-power engine named 'Aravalli'.
The US-India Strategic Partnership Forum has announced the third edition of the India-US Defense Acceleration Ecosystem (INDUS-X) Summit in collaboration with Stanford University's Gordian Knot Center for National Security Innovation and the Hoover Institution on September 9-10, 2024.
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 Defence Minister touched on the evolution of the US-India defence relationship, its phenomenal growth, and how the defence sector and investments from American companies will play a central part in India's growth story and vision 2047.
Established on 20 Aug 1969 with 10 staff members, NSTL has grown multifold with 603 personnel including 186 Scientists and has made significant contributions to defence R&D and is recognized as one of the premiere labs of Defence Research & Development Organisation (DRDO) engaged in