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Indian Air Force successfully tested the Type V Heavy Drop System from a cargo aircraft

Type V Heavy Drop System designed & developed by DRDO is capable of carrying up to 20 Ton of cargo via parachute in inaccessible places.Read more

Coimbatore MSMEs embrace EV Industry with Skilling Program

This initiative is a collaborative effort between the Facilitating MSMEs in Tamil Nadu (FaMe TN) and the World Resources Institute (WRI-India).Read more

Boeing's 737 Jetliner deliveries face challenges due to supplier glitch

Boeing anticipates that the handovers of its narrowbody aircraft will closely approach the lower limits of its target, which aims to ship between 400 and 450 of the popular 737 jets in the current year.Read more

Acer India's vision for PLI 2.0: Strengthening local electronics manufacturing

The PLI 2.0 initiative aspires to elevate India's domestic manufacturing landscape, particularly in the electronics sector.Read more

GeM to implement penal interest for delayed payments by govt departments

Provision to enable public procurement portal GeM to impose penal interest for making delayed payments to vendors by ministries and dpts will be fully operational from Sept end, a senior official said.Read more

BEL and Israel's IAI join forces for Indian Defense Advancement

This partnership between BEL and IAI is not a recent development; it stems from a long-standing history of collaboration between the two entities.Read more

UK consortium launches I-Break Project for aerospace innovation

Under the aegis of the Aerospace Technology Institute (ATI) Programme, I-Break receives funding as part of a broader United Kingdom government initiative, with £218 million earmarked for pioneering research and development endeavours in the aerospace sector.Read more

Asia's export powerhouses face manufacturing slump amidst weak demand

According to manufacturing purchasing managers' surveys released by S&P Global and au Jibun Bank, factories in North Asia witnessed declines in new orders, production, and export sales.Read more

India's IT hardware PLI Scheme sees strong industry interest

The government anticipates a cumulative investment of Rs 5,010 crore from the pool of 40 applicants, which includes prominent global IT hardware firms like Dell and HP participating directly in the revised production-linked incentive scheme.Read more

MTAR Technologies secures defence license for advanced sub-systems manufacturing

Securing this license will significantly streamline their engagement with foreign multinational companies on diverse defence projects, says MTAR.Read more

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