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Balu Forge and Swan Energy partner for railways, defence, and aerospace ventures

According to an exchange filing, BFIL will hold a 40% stake in the SPV, with SEL taking the remaining 60%. Read more

BEML’s Q2 profit drops amid weakening demand

BEML’s material costs, which constitute over half of its expenses, rose slightly by 0.2%, while total expenses dropped 7% to Rs 8.2 billion.Read more

L&T expands aerospace focus amid India’s $44 billion space market boom

The first launch of a privately built PSLV is expected in early 2025, with each rocket costing approximately Rs 2 billion.Read more

Garuda Aerospace partners with CYOL to launch drone operations in Sri Lanka

Under this collaboration, Garuda Aerospace will work with CYOL to deliver advanced drone solutions tailored to agriculture and technology integration. Read more

Andhra cabinet approves policy to boost drone manufacturing

The government has allocated Rs 5 billion to support the policy’s implementation.Read more

Burkert unveils manufacturing facility in Pune to expand Indian operations

Initially, the facility will focus on manufacturing mass flow controllers, angle seat valves, diaphragm valves, and system solutions, with plans for phased expansion to support India’s diverse industrial needs.Read more

Space startups struggle with limited ecosystem, face high component costs

High tariffs on space-tech solar panels, implemented to curb Chinese imports, further strain startups.Read more

EndureAir wins NASSCOM Emerge50 Award in Space & Satellite, Defence

EndureAir’s drones are specifically engineered to tackle the challenges associated with high-altitude, high-payload deliveries, as well as long-range, mission-critical applications across defence, logistics, and various other sectors.Read more

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

Ansys launches high-performance computing data center in Pune

The new data centre enhances computational power for critical R&D and technical simulations, enabling innovation across sectors like aerospace, automotive, and healthcareRead more

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