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Govt plans PLI Scheme updates, boosting sectors like pharma, drones, textiles

Additionally, the official disclosed that the disbursement of PLI incentives for white goods, including air conditioners and LED lights, is set to commence this month.Read more

Indian startup IDR unveils indigenous nano drones for counter-terrorism operations

A defence startup founded two years ago by a team of young engineers from IIT Roorkee has developed three variants of nano drones, including a 'Kamikaze' UAV, which have application in anti-insurgency and counter-terrorism operations.Read more

FDI in manufacturing increases by 76% due to PLI Schemes

PLI Schemes contribute to increase in production, employment generation, and economic growth. Rajesh Kumar Singh, Secretary, DPIIT made announcement on the significant achievements due to PLI in India.Read more

In a step to explosive growth plans, TSAW Drones to hire 350+ employees in 2023

The drone technology startup TSAW is looking to hire drone pilots, designers & technicians, operation heads and others as per its announcement to hire more than 350 employees in 2023. The company is looking to expand its operations in six new geographies. Read more

First ever Indian Drone Startup at WEF DAVOS 2023

Indian drone startup, Garuda Aerospace presented the carbon-neutral drone at the Indian Sustainability Lounge at Davos 2023 hosted by World Economic Forum. DGCA approved and made-in- India drones to disrupts the Indian industriesRead more

Garuda Aerospace joins hand with Cognizant for advanced drones

Collaboration will to power Garuda Aerospace’s drones with advanced digital capabilities and bring innovative solutions at scale for enterprises aiming to achieve greater agility, productivity, and overall outcomesRead more

Drone maker Anadrone Systems to set up R&D centre in Odisha

The centre will focus on providing end-to-end drone solutions for the domestic armed forces and export requirementsRead more

"New National Logistics Policy will act as a growth catalyst"

Godrej Material Handling - a business unit of Godrej & Boyce - is one of the leading manufacturers and exporters of forklift trucks and solutions in India. In order to aid India's expansion as a manufacturing hub, the company has introduced many innovative material handling solutions to boost efficiency in supply chain operations. In this interview with Rakesh Rao, Anil Lingayat, Executive Vice President & Business Head, Godrej Material Handling, explains impact of changes in logistics & warehouRead more

Adani Defence & Aerospace expands its capabilities in commercial drone segment

Adani Defence & Aerospace has entered into definitive agreements for acquiring 50% equity stake in agricultural drone start up. Read more

Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23

In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.Read more

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