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Budget proposes Rs 1 trn corpus to boost investment in sunrise technologies

The Union Finance Minister Nirmala Sitharaman, while presenting the Interim Budget 2024-25, also proposed a new scheme for strengthening deep-tech technologies for defence purposes and expediting ‘atmanirbharta’.Read more

Interim budget 2024-25: Govt plans Rs 11.11 trillion capex for this year

FM Nirmala Sitharaman proposed setting up of a corpus of Rs one trillion for India’s tech savvy youth. For railways, three major economic railway corridor programmes - energy, mineral and cement corridors, port connectivity corridors, and high traffic density corridors - will be implemented.Read more

GE's fighter jet engine deal with India advances smoothly

GE also expresses eagerness to contribute to the development of next-generation engines for India's Advanced Multirole Combat Aircraft (AMCA) and believes it holds a technological advantage over competitors.Read more

Naval Chief flags off indigenous Starliner UAV, showcasing Adani Defence's tech leadership

The flag-off event occurred at the Adani Aerospace Park in Hyderabad, where Adani Defence and Aerospace is actively fostering capabilities to bolster self-sufficiency in defence and security.Read more

Jupiter Wagons, BEML secure Rs 802 cr defence contracts

Additionally, BEML secured orders amounting to Rs 329 crore for 56 units of the mechanical minefield marking equipment Mark II, according to a statement released by the defence ministry.Read more

Adding new dimension to manufacturing

When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more

Tata Boeing Aerospace delivers 250th Apache Fuselage, strengthens defence capabilities

This accomplishment took place at its advanced facility in Hyderabad, where these fuselages are crafted for global customers, including the US Army.Read more

Indian defence firms eyeing Philippines market for military platforms

A 2022 agreement solidified the purchase of three BrahMos batteries by the Philippines from India, totalling an estimated $375 million.Read more

Indian defense firms secure global rankings amidst rising arms demand

The Stockholm International Peace Research Institute (SIPRI) recently published a report, disclosing that HAL, BEL, and MDL, all Indian defense PSUs, secured positions among the top 100 arms-producing companies.Read more

Zen Technologies targets Rs 900 cr revenue by FY2025, reports strong order book, export wins

Ashok Atluri, the Chairman and Managing Director of this defence solutions provider, shared insights regarding the company's robust order book and its strategic trajectory.Read more

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