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Government is making concerted efforts to grow defence exports

In this interview with Rakesh Rao, Cdr Gautam Nanda, Associate Partner - Aerospace & Defence, KPMG India, gives a brief of overview of the Indian Defence & Aerospace (D&A) industry and also highlights key challenges that the industry need to address.Read more

Government considers legal action against three firms for FAME subsidy recovery

The move comes after the ministry of heavy industries failed to recover the disputed amount from these companies even after multiple attemptsRead more

RRP Electronics to establish first semiconductor plant in Maharashtra

RRP Electronics will fast-track the work on the project and commence the Outsourced Semiconductor Assembly and Testing (OSAT) with adequate support of technology partnersRead more

Government’s E-vehicle Policy and its impact on Indian markets

The scheme will promote E-vehicle with the latest technology to be manufactured in India, making India a manufacturing hub of E-vehicleRead more

Government approves new EV policy to attract big investment in manufacturing

As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more

Government allows 100 per cent FDI for manufacturing of components for satellites

Government allows 100 per cent FDI for manufacturing of components for satellitesRead more

Maharashtra government organises the largest defence equipment exhibition

Over 1,200 companies, specialising in the production of arms and other materials pertinent to the defence sector, participated in the expo.Read more

GeM, AiMeD forge partnership for direct medical device sales to government

This agreement aims to enable AiMeD's members, comprising over 300 medical device manufacturers, to directly offer their products to the government through the GeM portal.Read more

MOU between the Hinduja Group and the Government of Tamil Nadu

The group is committed to creating employment opportunities for 500- 1000 people both direct & indirect, based on the work demand.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

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