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Unimech Aerospace and Manufacturing files draft papers for Rs 5 billion IPO

The IPO is priced at Rs 5 per equity share and includes a fresh issue of shares worth up to Rs 2.5 billion, along with an offer for sale of shares worth up to Rs 2.5 billion by the Promoter and Promoter Group Selling Shareholders.Read more

Aviation Minister Naidu aims to establish aircraft manufacturing in India

Currently, Boeing and Airbus dominate the global aircraft manufacturing industry, with market shares of over 40% and 60%, respectively. Read more

G. Padmanabhan & Chandrayaan-3 team win Rashtriya Vigyan Puraskar

Padmanabhan, a distinguished biochemist known for his research on malaria parasites, is honoured with the Vigyan Ratna for his lifetime contributions.Read more

Dassault Aviation to establish MRO facility for Mirage 2000 and Rafale fighters

Safran is also considering manufacturing M-88 engines in India, contingent on substantial orders from the IAF.Read more

InsideFPV and Israeli UAV Dynamix sign MoU to supply 10,000 drones

InsideFPV recently achieved a milestone by registering a flight time of 141 minutes on a single charge, aiming to break the Guinness World Record.Read more

Magellan Aerospace and Aequs to start engine MRO business in India

Air travel demand in India has surged, making it one of the fastest-growing aviation markets in the world.Read more

BEL wins €25.75 million order from TRDS for TR module production

It also announced additional orders valued at Rs 1.92 billion for communication equipment, encryptors, spares, and services for radars and fire control systems, bringing its total orders for the current financial year to Rs 52.25 billion.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

7 startups chosen by GoI for aerospace and defence sectors

The DRDO, under the Ministry of Defence, emphasised that these projects are a significant step towards self-reliance in defence technologies and will foster innovation among Indian startups.Read more

Airbus and Gati Shakti Vishwavidyalaya to boost aerospace education and research

The initiative is expected to propel GSV towards becoming an industry-driven and innovation-led university, setting a precedent for robust industry-academia partnerships in India. Read more

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