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ASMI submachine gun from Hyderabad's Lokesh Machines Ltd. used for army service

The National Security Guard (NSG) and the Assam Rifles have received pilot lots of the ASMI and have expressed interest in further deployment, while the Border Security Force (BSF) has placed a pilot order for four guns.Read more

US-Based GS Precision & Jeh Aerospace to make aero-engine parts in Hyderabad

This partnership also capitalises on India's robust talent pool and reinforces the concept of ‘friendshoring’ critical components within the United States aerospace industry.Read more

HHV Group gets QVC certification for HMC Lab from SAC, ISRO

The HHV Group has been associated with ISRO for the last 6 decades and has built and supplied India’s first space simulation chamber.Read more

India to build small arms manufacturing unit in Sri Lanka; defence collaboration

Sri Lanka could benefit from studying the Indian model and expressed interest in exploring Sri Lanka's own manufacturing capabilities in the defense sector, echoing the sentiment of drawing lessons from India's experience.Read more

India's defence sector holds prospect of $138 billion from FY24-32

This growth is owing to escalating defence budgets, modernisation initiatives, and the government's emphasis on indigenous manufacturing through programs like ‘Make in India’.Read more

PM Modi inaugurates Boeing’s largest campus outside USA in Bengaluru, India

Prime Minister Modi advocates for building an aircraft manufacturing ecosystem in India during the inauguration of Boeing's new campus in Bengaluru, highlighting the nation's potential and government's support for the industry.Read more

Jindal Stainless BSE shares down by 2.89 % despite input in Navy’s SMART system

The company informed that the product could withstand high pressure and temperature during flight.Read more

Israel Aerospace Industries opens AeroSpace Services India in New Delhi

Headquartered in Delhi, ASI’s strategically located branches extend its services across the entirety of the Indian subcontinent, reaffirming its commitment to nationwide coverage and customer satisfaction.Read more

MSMEs: The Fight for Financing

As India seeks to become the world’s third-largest economy by 2027, measures are afoot to resolve the funding-related challenges routinely faced by the country’s humongous MSME segment to truly transform it into a strong industrial economy backbone, says Manish Pant.Read more

Government is making concerted efforts to grow defence exports

In this interview with Rakesh Rao, Cdr Gautam Nanda, Associate Partner - Aerospace & Defence, KPMG India, gives a brief of overview of the Indian Defence & Aerospace (D&A) industry and also highlights key challenges that the industry need to address.Read more

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