Aerospace

India, Brazil set to sign pharma, aerospace, trade pacts during Lula visit

India and Brazil are poised to sign private-sector agreements across pharma, aerospace, ethanol and trade during President Lula's visit, as both nations expand cooperation in critical minerals and AI

Five-year engine R&D push crucial for strategic autonomy: Rajnath Singh

Calling Bengaluru a global symbol of innovation and skilled manpower, Singh said the city and GTRE will play a crucial role in India's journey towards becoming a developed nation by 2047

TN signs MoUs for ₹5900 cr investment in semiconductor, aerospace sectors

The Tamil Nadu government on Monday signed two separate Memoranda of Understanding (MoUs) with Japanese electronics major MinebeaMitsumi and Bengaluru-based Aequs Group, involving a combined investment of Rs 5,980 crore. The agreements, signed in the presence of Chief Minister M K Stalin at the Secretariat, here, are expected to generate employment for 8,400 people across the semiconductor and aerospace sectors, an official release said. NMB Minebea India Private Limited, a subsidiary of Japan's MinebeaMitsumi, has committed an investment of Rs 1,980 crore to establish a manufacturing and research and development centre in Tiruvallur district. The facility, to be located at the Mahindra Origins Industrial Park, will focus on a complete manufacturing ecosystem for high-value semiconductors, including Insulated-Gate Bipolar Transistors (IGBT) and Integrated Circuits (IC), as well as motors and sensors. This project is slated to create 1,400 jobs, with more than 40 per cent of the role

India's next Cloud layer could orbit above Earth as AgniKul prepares AI hub

Chennai-based space tech start-up will use its patented upper-stage platform to host AI data modules in orbit, with NeevCloud as its first customer

Trade deals, capex push boost India's aero, defence outlook: Goldman Sachs

Goldman Sachs highlighted three major tailwinds for the sector, including an 18 per cent Y-o-Y increase in capital procurement in the Union defence budget for FY27, and the proposed India-EU FTA

China must solve its jet engine puzzle to challenge Airbus, Boeing

A brief US ban on jet engine exports left Comac far short of its C919 delivery targets, showing China's dependence on GE-Safran engines amid trade tensions

Defence tech hiring in India doubles to 7K in past 3 years: CIEL HR study

The study showed that growth has been consistent year-on-year rather than driven by short-term spikes, reflecting long-cycle modernisation and indigenisation programmes

IAN Alpha Fund invests ₹25 crore in D-Propulse to boost testing, R&D

D-Propulse is building an indigenous rotating detonation engine (RDE)-based propulsion system

Avantel shares plunge 10% as Q3 profit slumps 86%, revenue slides

Avantel's revenue from operations came in at ₹51.71 crore in Q3FY26, down 26.83 per cent from ₹70.68 crore in the December 2024 quarter

TASE Global inaugurates ₹150 crore aerostructures facility near Chennai

New Sriperumbudur unit marks company's entry into global aerostructures market, adds export capacity and skilled jobs

Bharat Forge secures drone supply orders for armed forces worth ₹300 crore

Diversified group Bharat Forge on Friday said its aerospace division has secured contracts worth approximately Rs 300 crore to supply drones. These contracts for the Indian Army and Navy cover a range of indigenous unmanned systems, including Intelligence, Surveillance, and Reconnaissance (ISR) platforms and loitering munitions, Bharat Forge Ltd. said. The drone platforms -- Omega One, Omega Nine, Bayonet, and Cleaver -- are developed for India to meet urgent operational requirements across diverse terrains and mission profiles, it added. The company said its unmanned (vehicle) portfolio is evolving rapidly, with advanced autonomy, artificial intelligence, and data-driven decision-making progressively integrated across platforms. These enhancements boost mission endurance, precision, survivability, and adaptability in contested and dynamic operational environments, it said. "This dual achievement, securing EP-VI contracts and showcasing Omega One on Army Day, reaffirms BFL's ...

CoreEL gets $30 million Series B to support aerospace defence projects

Bengaluru-based aerospace and defence technology firm CoreEL Technologies has raised $30 million in Series B funding to scale manufacturing in large defence programmes in India and overseas

Michaela Benthaus to become first wheelchair user to fly into space

German aerospace engineer Michaela Benthaus is all set to become the first wheelchair-bound person to travel to space

What Sets GE Aerospace's GEnx Engine Apart: Five Facts to Know

GEnx celebrates its fifteenth year of service in 2026, five things about this groundbreaking engine.

India's drone, space-tech boom to add over 200,000 jobs by 2033: Report

India's aerospace, drones and space tech industry is likely to expand more than five-fold to USD 44 billion by 2033, and is expected to create over 2 lakh new jobs for engineers, researchers, data scientists, among others, a report said on Friday. According to a report by workforce solutions provider Adecco India, the aerospace, drones, and space tech industry is rapidly evolving from a research-driven domain into a full-fledged industry, driven by government reforms, private-sector participation, and international collaborations. The country's drone and space-tech industry is expected to create over 2 lakh new jobs for engineers, researchers, data scientists, and business professionals, among others, the report added. Additionally, new-age roles such as Space Policy Analysts, Robotics Engineers, Avionics Specialists, and GNC (Guidance, Navigation and Control) experts are emerging as critical to India's space ambitions, it stated. The insights and numbers presented in the report ar

Aequs lists at 13% premium; analysts flag upside with caution; find out why

Analysts suggest investors to hold for long term, citing the company's strong positioning as one of India's most advanced aerospace precision-manufacturing platforms

Meesho vs Aequs vs Vidya Wires IPO: Which one should you bet on?

Analysts remain largely positive on Meesho IPO and Vidya Wires IPO, citing strong growth prospects and operational efficiency, while views on Aequs IPO are cautious

Aequs IPO opens Dec 3: Know key strengths, risks before you invest

Aequs IPO will be offered at a price band of ₹118 to ₹124 per share and a lot size of 120 shares

Aequs IPO opens Dec 3; sets price band at ₹118-124: Check key details here

Aequs aims to raise ₹921.81 crore through a combination of fresh issue of 54 million shares worth ₹670 crore and an offer for sale of 20.3 million shares worth ₹251.81 crore

Arctus Aerospace raises $2.6 mn to build high-altitude, unmanned aircraft

Arctus Aerospace has secured $2.6 million in pre-seed funding to build long-endurance, high-altitude unmanned aircraft aimed at delivering affordable, real-time, high-resolution Earth intelligence