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India needs to strengthen ammunition sector to become defence manufacturing hub

In 2023, the global ammunition market was valued at approximately Rs 1.293 trillion, with heavy-calibre ammunition making up 53.48% of the demand. 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

Railway modernisation presents big opportunity for SMEs

During a virtual discussion forum on railways, organised by the FIRST Construction Council (FCC), an infrastructure think-tank, industry experts highlighted business opportunities for industry (especially for SMEs) in the developing rail infrastructure segmentRead more

Service is the new growth engine for industrial manufacturers: KPMG report

KPMG International report - titled ‘The future of smart industrials’ - discusses the challenges manufacturers are experiencing with their current efforts and the capabilities that are needed for success, among other key insights on the sector.Read more

Sweden’s Munters acquires ZECO to strengthens its market position in India

ZECO will provide Munters with a strong platform to expand its dehumidification offering in the Indian market. Read more

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