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Indian defence market set for 14% annual growth amid government indigenisation

The market opportunity for Indian defence companies is estimated to range between $90-100 billion over the next 5-6 years, with an annual growth rate of approximately 13% during this period.Read more

DAC approves Rs 1.45 trillion defence orders; to boost PSUs

In FY24, the government granted Acceptance of Necessity (AoN) to proposals totalling approximately Rs 3.61 trillion under various capital procurement categories, aligning with the Defence Acquisition Procedure (DAP) 2020 to promote domestic manufacturing.Read more

Cooper Corp sees big opportunities in aerospace & defence sector: Farrokh Cooper

In this interaction with Rakesh Rao, Farrokh Cooper, CMD of Cooper Corporation Pvt Ltd, highlights challenges and opportunities before the Indian manufacturing sector, and the company's plans to tap emerging trends in the industryRead more

Rajnath Singh invites US defence companies to establish manufacturing units

He noted that ‘Partnership’ and ‘Joint Efforts’ are key elements that set India’s defence industry collaborations apart from those with other nations.Read more

ACE receives 285 special forklifts and 6 rough terrain cranes orders from MoD

This is part of the Make in India initiative.Read more

India is redefining its defence manufacturing identity

This trend underscores India’s strengthening role in the global manufacturing landscape, with the defence sector playing a pivotal role.Read more

Tata Systems to secure 100 wheeled armored vehicles order for from Indian a\Army

A Request for Information (RFI) may be issued soon, marking an initial step to gather details from potential suppliers before a formal Request for Proposal (RFP) is released.Read more

Jindal Stainless to supply stainless steel and steel sheets for BrahMos

Jindal Stainless recently supplied 3 mm special alloy steel sheets for the Supersonic Missile-Assisted Release of Torpedo (SMART) system. Read more

Global disruptions offer chance to enhance defence manufacturing capabilities

The CDS called for collaboration among the services, defence industries, and scientists, including academia, to further the nation’s self-reliance objectives. Read more

Bharat Forge Q1; Defence revenue up 147%, order book at Rs 54 billion

The profit was impacted by an exceptional loss of Rs 1.46 billion, including an impairment provision of Rs 1.45 billion related to its investment in Tork Motors Pvt. Ltd., where Bharat Forge holds a 64.29% stake.Read more

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