Bengaluru (Karnataka) [India], March 12: Mudrex, a leading Indian crypto exchange, announced the rollout of INR-margined crypto futures, marking a significant step toward simplifying trading for participants in India's fast-growing digital asset market.
It aims to build a stronger indigenous defence manufacturing base, reduce import dependence, and position India as a global leader in defence technology by streamlining processes, enhancing indigenous content mandates & introducing innovative procurement categories, the Ministry of De
Following the Defence Acquisition Council's (DAC) nod to the proposal to buy 114 Rafale Fighter Jets, Defence Secretary Rajesh Kumar Singh on Friday emphasised that Rafale aircraft will be manufactured outside France for the first time, with 40 to 50 per cent localisation under the 'Make
Earlier in the day, the minister also interacted with startups at the INDovation MedTech Innovation & Startup Showcase and felicitated the winners of the INDovation Program.
India's Permanent Representative, Ambassador Harish P, stated at the UNDP Executive Board session that India values its six-decade collaboration with UNDP, particularly in areas like poverty eradication, climate change, and SDG localisation.
The three-time increase in allocation for the Production Linked Incentive (PLI) scheme for automobiles and auto components in the Union Budget 2026 is likely to significantly support electric vehicle (EV) penetration and localisation of component manufacturing, according to a report by Axis
The Indian side is also discussing with French officials for maximising the localised content in the deal with plans of setting up the Maintenance, Repair and Overhaul (MRO) facility within India to maximise the serviceability of the planes, government sources told ANI.
Reacting to assertions from the US side that Prime Minister Modi did not call Trump for trade deals, the expert said that negotiations had hit long-standing red lines for India, including farm laws, genetically modified (GMO) exports, the agriculture sector, and data localisation norms.
New Delhi [India], January 7: As India's home-appliance market expands and brands accelerate localisation, the four-decade-old OEM's quiet restructuring signals how supply chains are re-organising for scale and reliability.
While speaking with ANI, on the sidelines of seminar on 'Energy Storage System: Key to Green Energy Transition' at the PHD House in New Delhi, he said, "There is a shortage of lithium globally, prices are increasing, and most of the material is being sourced from China. Because of this, w
Despite the company's aggressive localisation strategy, which continues to absorb the bulk of increased costs, a selective price adjustment has become essential to maintain operational sustainability.
Manturov underscored that Russia continues to be one of India's most significant defence partners, noting that over the past decade Moscow has consistently accounted for more than 30 per cent of India's total defence procurements.