In an exclusive interaction with ANI, Schwartz highlighted that this has enabled the company to increase production volumes and strengthen its presence in the Indian market.
India's defence exports have surged from Rs 6.8 billion (USD 80 million) in FY14 to Rs 236 billion (USD 2.77 billion) in FY25. The Ministry of Defence aims to raise this to Rs 350 billion (USD 4.1 billion) by FY27 and further to Rs 500 billion (USD 5.8 billion) by FY29.
Israel and Slovakia signed a 2 billion shekel (USD 582 million) agreement on Monday to boost the European country's air defense systems, in the largest defense export deal ever between the two.
New Delhi [India], October 23: The Armed Forces have announced the launch of Defence Partnership Days, scheduled for November 28-29, 2024 at the Army-owned Manekshaw Convention Centre in New Delhi. It will be a key platform for fostering collaboration between the armed forces and industry. T
Coimbatore (Tamil Nadu) [India], May 31: Biggen Technologies (BGT), a dynamic startup specializing in unmanned helicopters, drones, and automation, made a significant impact at the 2-day Defense Expo 2024 held at CODISSIA, Coimbatore. The company demonstrated their array of helicopters, incl