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Revenues of India’s Top Defence Firms Rise 8.2%: SIPRI
SIPRI says HAL, BEL and MDSL posted combined arms revenues of $7.5 billion.Read more
How geopolitics is driving indigenous high-tech in defence & aerospace in India
Geopolitical uncertainty is accelerating India’s drive for self-reliance in defence and aerospace, shifting from import dependence to indigenous innovation. Deven Shah, Whole Time Director and CEO, Jyoti Global Plast Ltd, highlights how reforms, local ecosystems, and technology priorities are shaping India’s journey from “Make in India” to “Make for the World.”Read more
Indian Aerospace & Defence Sector: The Emerging Global Manufacturing Powerhouse
Bolstered by rising budgets, modernisation drives, Make in India initiative and export expansion, India’s aerospace and defence (A&D) sector has emerged as a promising sector for investors. Rahul Bhandurge, Director - Sales & Business Development, BDB India, presents the roadmap of making Indian A&D sector a global manufacturing and export hub.Read more
Indian defence industry to grow around 20% from FY24-FY29: CareEdge
India’s defence exports include a diverse array of products such as aircraft, naval systems, missile technology, and military hardware.Read more
India advances military and space ambitions with major orders in September
A key highlight was the Defence Acquisition Council (DAC) approving 10 capital acquisition proposals worth Rs 145 billion, including the procurement of Future-Ready Combat Vehicles (FRCVs) to enhance the Army's mobility and firepower.Read more
India-France enhance aerospace partnership with MoU for bilateral cooperation
Currently, over 60 GIFAS member companies operate in India, with more than 30 industrial sites established across the country. Read more
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
India’s defence exports rise 14 times from FY16 to over Rs 210 billion
Initiatives such as ‘Make in India’ and ‘Atmanirbhar Bharat’ have fostered a robust defence manufacturing ecosystem. 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
BDL and MBDA to assemble, integrate and test ASRAAM in Telangana
MBDA will assist BDL to set up a facility within its manufacturing complex in Bhanur, Telangana, to provide assembly, integration, testing and maintenance of MBDA’s CAMM missile. The operations will commence in 2022-23.Read more
