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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
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
Serge Ferrari Group announces new JV in India with Agastya Invention
Serge Ferrari Group together with Agastya Invention Private Limited announced the launch of joint venture, ?Biomembrane Systems India Private Limited? a specialized company offering robust and efficient containment solution for biogas storage.Read more