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.
EUROSATORY 2024 defence show in France showcasing Indian products like the Pinaka multi-barrel rocket launcher system and the LCA Tejas fighter aircraft.
Singh who took charge as the Defence Minister at his office in South Block in the national capital said that the government will strive to boost exports in the defence sector and aims for a target of Rs 50,000 crore over the next five years.
Indigenisation in the defence sector under the Make in India policy has helped the Indian Army significantly cut down its dependence on imports to meet its requirements.
Indian Institute of Technology Gandhinagar (IITGN) signed a Memorandum of Understanding (MOU) on Monday with Adani Defence and Aerospace, a subsidiary of Adani Group to collaborate in areas of emerging technologies, including Artificial Intelligence (AI), Machine Learning (ML), and Large Lan
India's defence sector holds a lucrative ordering opportunity of USD 138 billion over FY24-32 amid the escalating demand for defence equipment, technologies, and services, offering significant prospects for companies engaged in defence production and technology development, according to a re
In an effort to boost collaboration between the Indian space and defence sectors, Chief of Defence Staff General Anil Chauhan today asked the three defence forces and DRDO to engage with the Space industry and startups to develop cutting-edge technology to reduce the gap with the adversaries
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.
Prime Minister while speaking at the Exercise Bharat Shakti in Pokhran said that the first successful flight test of an indigenously developed Agni-5 missile with MIRV technology which took place on Monday is a huge step towards Aatmanirbhar Bharat in the defence sector.
Defence Minister Rajnath Singh on Tuesday said that India is surrounded with difficult neighbours and it is imperative for our country to keep its defence sector in a strong position.
In a landmark achievement for India's defence sector, two mega facilities to manufacture ammunition and missiles by Adani Defence and Aerospace, one of India's leading private sector defence manufacturers, were inaugurated on Monday.
New Delhi [India], February 23: Logic Fruit Technologies, one of the fastest-growing providers of IPs, Embedded Solutions, and premium R&D services in the aerospace and defence sectors has announced its successful venture into ARINC818 innovation. The foray is aimed at delivering a range