Page 2 - Aerospace

Raymond Group to invest ₹1,000 crore in aerospace, auto units in Andhra

The projects in Andhra Pradesh's Anantapur district will create 5,400 jobs and receive Rs 695 crore in incentives as Raymond expands its aerospace and auto footprint

Mukul Agrawal portfolio: PTC Industries stock soars 9%, nears record high

PTC Industries has rallied 25% in the last one month; the Aatmanirbhar Bharat initiative, coupled with increased budgetary allocations and higher indigenisation targets bodes well for the company.

Goldman Sachs turns bullish on India's aerospace, defense sector

Among individual stocks, Solar Industries, Bharat Electronics, Data Patterns and PTC Industries are Goldman Sachs' top buy ideas, while Bharat Dynamics has been rated Sell'.

Tamil Nadu to host global aerospace and defence meet in Chennai in Oct

Tamil Nadu will host Aerospace and Defence Meetings in Chennai from October 7 to 9 as part of its Defence Industrial Corridor plan to attract investments and boost domestic manufacturing

GE Aerospace bets on AI, sees big success finding talent in India

Working on innovative aircraft engine technologies, GE Aerospace is using artificial intelligence to explore design space much more efficiently and ensure improved predictability for maintenance of engines, according to a senior company official. And the 25-year-old John F Welch Technology Centre (JFWTC) in Bengaluru, one of the company's largest integrated multi-disciplinary research and development centres outside the US, is a key contributor in the aerospace major's innovative and sustainable solutions. As Alok Nanda, Chief Technology Officer of GE Aerospace in India, puts it, all the engines launched or certified by GE since the inception of this centre have an imprint from the team in Bengaluru, and the company had "great success with finding talent in India". The team has more than 1,000 aviation technology patents to its credit, besides contributions to the design, development, and certification of CFM LEAP, GEnx, and GE9X engines that power wide-body and narrow-body commerci

TN secures investments worth ₹30,000 cr in shipbuilding sector: TRB Rajaa

Tamil Nadu has attracted investments worth Rs 30,000 crore to set up two shipyards in Tuticorin district, a move expected to see creation of around 55,000 jobs, Minister for Industries TRB Rajaa said on Saturday. The Minister recalled Chief Minister M K Stalin's comments at the TN Rising-Tuticorin conclave in August, where he pledged to esablsih a company to promote shipbuilding sector in the state. Following the announcement, State Industries Promotion Corporation of Tamil Nadu (SIPCOT) and V O Chidambaranar Port Authority signed a Memorandum of Understanding in September, Rajaa said in a social media post on Saturday. "Today (September 20), a historic milestone has been achieved with the signing of two Ultra Mega MoUs to establish two world-class Greenfield commercial shipyards in Tamil Nadu, with an investment of Rs 30,000 crore and generating employment for 55,000 people," the DMK leader said. As per the first MoU, Cochin Shipyard Ltd will invest Rs 15,000 crore to set up a ...

From petri dish to payload: India's next Big Bang in future deeptech

Part II of this series shines the spotlight on India's audacious deeptech builders - startups engineering the country's future by tackling challenges too complex for conventional innovation

Capital support for defence, aerospace sectors critical, says Ravi Kapoor

The fund is focused on aerospace & defence, along with allied areas such as space and communications, says Kapoor

Bharat Dynamics soars 5% after Q1; buy, sell or hold? Analysts recommend

Domestic brokerage Motilal Oswal noted that Bharat Dynamics delivered a 30 per cent Y-o-Y growth in execution during Q1FY26, aided by a strong order book and easing supply chain challenges.

Jeh Aerospace raises $11 million to expand AI-led manufacturing

Elevation Capital leads funding as Jeh scales operations in India and the US, targeting aerospace supply chains with software-driven precision and automation

Collaboration for future: Isro and India will benefit from Nasa

Artemis signup allows Isro and the fast-growing Indian aerospace sector to bid for Nasa tenders and the famously frugal Indian engineering sector could find opportunities there and pick up new skills

Godrej Enterprises Group's aerospace biz inks pact with Pratt & Whitney

Godrej Enterprises Group's aerospace business has inked a pact with aircraft engines maker Pratt & Whitney for aerospace parts manufacturing. The contract will significantly expand the company's offerings in aircraft engine applications, both in terms of technology and production volumes, it said. The mandate reinforces Godrej's commitment to advancing India's aerospace manufacturing capabilities and aligns with its vision to become a key supplier to global aircraft engine Original Equipment Manufacturers (OEMs), Godrej Enterprises Group said. Pratt & Whitney is a part of the RTX business, and a world leader in the design, manufacture and service of aircraft engines and auxiliary power units. "By leveraging our advanced infrastructure, deep expertise, we are proud to play a role in shaping the future of aviation manufacturing in India. We look forward to strengthening this relationship and expanding our footprint in the global aerospace supply chain," said Maneck Behramkamdin,

Inbound Aerospace raises $1 mn pre-seed round led by Speciale Invest

Space tech startup will use capital for developing autonomous reusable re-entry vehicles

Boeing projects global demand for 2.4 million aviation personnel by 2044

The forecast estimates the industry will require 660,000 pilots, 710,000 maintenance technicians, and 1,000,000 cabin crew members by 2044.

Nara Lokesh invites aerospace firms to Andhra after Karnataka snub

Karnataka withdrew plans to acquire 1,777 acres of farmland in Devanahalli for an aerospace park; Andhra minister Nara Lokesh offers industry to consider state's ready land, policy incentives

Shubhanshu Shukla sets off on return journey as Dragon undocks from ISS | Axiom-4 mission

Astronaut Shubhanshu Shukla and three others of the commercial Axiom-4 mission on Monday embarked on a journey back to Earth as their Dragon Grace spacecraft undocked from the International Space Stat

Raymond to invest ₹1,200 cr in Andhra; garments, auto, aerospace in focus

Raymond's ₹1,200 crore investment in Andhra targets garments, auto parts, and aerospace as part of the state's new industrial drive alongside ₹28,546 crore in SIPB approvals

Axiscades, Europe's MBDA join hands to set up defence unit Bengaluru

Homegrown Axiscades on Friday said it has signed an agreement with European missile systems major MBDA to set up a defence facility in Karnataka. The pact has been inked through its wholly owned subsidiary Axiscades Aerospace and Technologies to set up the unit at the Aerospace Park near Kempegowda International Airport, Bengaluru, Axiscades Technologies (Axiscades) said in a statement. "The facility will be equipped with test bench laboratories, infrastructure for missile launchers, specialized equipment, and trained technical personnel to support MBDA's advanced systems engineering requirements," it said. The agreement was signed on the sidelines of the ongoing Paris Air Show 2025 in France. In May, Axiscades CEO and MD Alfonso Martinez said, "As we approach FY26, our priority is to capitalise on the opportunities in emerging sectors like manufacturing, MRO, chip-to-product and advanced defence technologies, including unmanned warfare, to bring about non-linear, product-led, ...

Garuda Aerospace opens agri-drone indigenisation unit near Chennai

Drone manufacturer Garuda Aerospace has established an Agri-Drone Indigenisation facility near the city to design and manufacture advanced Unmanned Aerial Systems among many others, a top official said on Friday. The facility, a first-of-its-kind initiative, augments Garuda Aerospace's existing manufacturing unit located near Chennai and a major leap in advancing drone manufacturing. The products that would be produced at the facility include 7 subsystems (of Unmanned Aerial Systems), 33 parts among others. The production would be covered under the Centre's ambitious 'Atmanirbhar Bharat' campaign. Spread across 35,000 sq ft at Thalambur, near the city, the state-of-the-art facility was inaugurated by Union Minister of State for Rural Development Kamlesh Paswan on Thursday. Garuda Aerospace also launched 300 Centres of Excellence, established in association with various educational institutions and industry partners across the country. It would advance drone innovation, research and

Who is Shubhanshu Shukla & what's Axiom-4 mission? | International Space Station | Peggy Whitson

Indian astronaut Shubhanshu Shukla's historic space mission to the ISS has been postponed to June 10. Here's what the Axiom-4 mission is about and why it matters for India's space journey.