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Govt adds 101 items to list of defence equipment to be procured locally

As per preliminary estimates, more than Rs 175,000 crore worth orders would be placed on Indian industry in the next 5-10 years. Fourth Positive Indigenisation List, released during Def Expo 2022, includes 101 defence items such as highly complex systems, sensors, weapons, ammunitions, etc.Read more

Ashok Leyland launches three advanced products at DefExpo 2022

The company showcased products like JEET 4x4 (a proven vehicle platform, equipped to perform in hills, high altitude, cross country, plains & desert terrain), LBPV 4x4 (light bullet proof vehicle 4x4) and Tank T72 GB Assembly aggregates (gear boxes).Read more

Dixon Technologies arm to receive Rs 53 cr under PLI scheme for electronics

The Empowered Committee (EC) has approved the first disbursement of Rs 53.28 crore under PLI (Production Linked Incentive) Scheme for Large Scale Electronics Manufacturing to Padget Electronics Pvt Ltd - a 100% subsidiary of Dixon Technologies India Pvt LtdRead more

India can save Rs 3 trn by developing indigenous gas turbine engines

There are many inadequacies and challenges in developing indigenous aero gas turbine engines. If successful, it will be the biggest push to the Atmanirbhata campaign, saving the Ministry of Defence foreign exchange outflow of Rs 3 trillion in any block of 20 years, says Insighteon Consulting. Read more

Bharat Forge arm, Spain’s Talgo form JV for making high speed trains

The proposed collaboration between BF Infrastructure Ltd and Talgo India will focus on setting-up manufacturing, maintenance and life cycle support hub for new generation, energy efficient, lightweight aluminum high speed railway trains.Read more

Innovation meets technology at the 12th edition of Die & Mould India

The 12th Biennial Die & Mould India international exhibition, organised by Tool & Gauge Manufacturers Association of India (TAGMA), provided an ideal opportunity to bring the latest technologies and products for the fast-evolving die & mould industry under one roof. Read more

BEML bags order from Coal India for 20 Cu M Electric Rope Shovel

BEML Limited, a Government of India Undertaking under Ministry of Defence, has signed a contract with Coal India Ltd for supply of 20 Cu. M Electric Rope Shovel for deployment in the Mines of Northern Coalfields Ltd. The contact is valued at Rs 118 crore.Read more

PLI scheme helps auto part makers ride the EV boom

A slew of policy measures - PLI schemes (for auto OEM & auto component), extension FAME 2, etc - in the recent past will create more opportunities in electric vehicle space. Auto component players seem to be all geared up for a new paradigm in the market, says Rakesh Rao.Read more

The next 30 years belong to New India under AtmaNirbharatha

In the last 75 years (after independence), India has shifted from 'license raj’ regime (pre-1991) and to liberal economic policies (post-1991). The next 30 years are full of promise for the country, and the Indian will play a key role in an exciting new world, where sustainable industrial development will be the watchword, says R Jayaraman.Read more

Godrej & Boyce delivers LC Max Vacuum Tower for Visakhapatnam Refinery

The Godrej Process Equipment business unit of Godrej & Boyce, the flagship company of the Godrej Group, has delivered a critical LC Max Vacuum Tower to a refinery modernization project in Visakhapatnam, Andhra Pradesh.Read more

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