DEFENCE INDUSTRY

Motilal Oswal Nifty India Defence Index Fund breaks records by collecting Rs 1,676 crores during its NFO period. India's defence sector experiences growth through indigenisation efforts and increased investments. The country aims to enhance its defe...

Defence Minister Rajnath Singh announced that India achieved its highest-ever growth in defence production value for 2023-24, highlighting significant milestones for the Make in India initiative. He reiterated the government's commitment to fosterin...

The Indian Ministry of Defence has sanctioned over Rs 300 crore through its Technology Development Fund (TDF) to create an ecosystem for enhancing capabilities in cutting-edge technology and promoting 'Aatmanirbharta' in defence. The TDF scheme, exe...

The Indian Army has acquired 113 electric buses for troop transportation, aligning with the government's green initiatives. These 40-seater buses, with a range of 250 kilometers, are meant for plains and semi-hilly areas and are in the trial stage. ...

The Ministry of Defence revolutionizes defence infrastructure with state-of-the-art facilities in Chennai. With a massive investment of Rs 400 crore under the DTIS scheme, led by Defence Minister Rajnath Singh, the MoU exchange in New Delhi sets the...

The 16th edition of Joint Military Exercise 'Nomadic Elephant' between India and Mongolia will be held in Umroi, Meghalaya from July 3-16. This annual exercise aims to enhance interoperability for semi-conventional operations in semi-urban and mount...

India and Bangladesh have strengthened their defence ties through a new deal signed after Bangladesh PM Sheikh Hasina's visit to India. The Bangladesh Navy contracted India's Garden Reach Shipbuilding and Engineers (GRSE) for an 800-tonne oceangoing...

According to India Infoline Finance Limited (IIFL) report, these firms allocate only 1.2 per cent of their revenue to R&D, markedly lower than the global average of 3.4 per cent. This gap highlights a need for increased investment in innovation to k...

President Droupadi Murmu highlighted the government's efforts to boost domestic defence production. She claimed that nearly 70 per cent of defence procurement was sourced from Indian manufacturers in the last year, and reforms resulting in India man...

The Ministry of Defence signed its 350th iDEX contract with SpacePixxel Technologies Pvt Ltd for developing a miniature observation and imaging satellite for the Indian Air Force. This initiative aims to innovate in space electronics by miniaturisin...

NATO member Estonia, known for its expertise in IT and cyber security, is seeking closer cooperation with India to jointly develop defence technology. Indian companies are invited to partner with Estonian startups and tech players to explore specifi...

India and the US are in advanced negotiations to co-produce the latest generation of Stryker armoured infantry combat vehicles (ICVs). This three-phase project includes initial purchases, joint production in India, and co-development of future versi...

Ukrainian President Volodymyr Zelenskiy will sign bilateral security agreements with the United States and Japan at the G7 Summit in Italy, finalizing similar deals with all G7 nations. These agreements, following a joint G7 declaration in July last...

Top American and Indian defense officials have highlighted the growing importance of the US-India military partnership, especially in the Indo-Pacific region. At the 'Partners in Progress' symposium in Bengaluru, Rear Admiral Nirbhay Bapna of the In...

US National Security Advisor Jake Sullivan expressed concerns about China's support to Russia's defense industry, emphasizing the Biden administration's concerted efforts with allies to address this issue. Responding to the UK Defence Minister's cla...

The Indian Army has conducted a week-long forward area tour in Arunachal Pradesh for defence experts to provide them a first-hand experience of operational challenges faced by troops and to encourage them to formulate technological solutions to the ...

Hans Christoph Atzpodien, head of the Bundesverband der Deutschen Sicherheits- und Verteidigungsindustrie (BDSV), said the U.S. defence industry had, under government pressure, widely shed their dependency on Beijing in recent years.

Sri Lanka is in discussions with India to establish a small arms manufacturing unit, as part of their defence cooperation. State Minister of Defence Premitha Bandara Tennakoon said the discussions are ongoing and a joint venture in the military indu...

Defence Secretary Giridhar Aramane highlighted the global demand for defence utilities amidst geopolitical conflicts, urging Indian shipbuilders to enhance capacity. He mentioned government initiatives and targets for indigenous defence manufacturin...