Defence Manufacturing Sector

India to build HAMMER strike system with France. What this weapon can do

Rather than functioning as a traditional missile, the HAMMER is a modular guidance-and-propulsion kit attached to unguided bombs, enabling precision strikes for the Rafale and Tejas from stand-off ran

Pvt defence firms to continue double-digit growth in FY26: Crisil Ratings

The strong growth momentum comes on the back of a significant policy push by the government, which has been drawing sizeable private investments for the sector

Defence indigenisation, procurement top goals for govt: Defence Secy

The Blueprint Discourse: Defence Secretary Rajesh Kumar Singh said India is accelerating defence indigenisation, boosting private sector role and strategic autonomy; budget not a constraint

DRDO signs 2,000 tech transfer deals to boost defence sector: Official

The DRDO has significantly advanced India's self-reliance in defence manufacturing, signing over 2,000 licensing agreements for technology transfer and issuing more than 200 production licenses in 2024, an official said on Wednesday. The official also highlighted that over 130 industries have been identified as development partners or production agencies in the last five years, bolstering indigenous defence capabilities. "Over 2000 agreements were signed for technology transfer licenses," Chandrika Kaushik, Director General (PC&SI) of Defence Research and Development Organisation (DRDO) said while speaking at the CII Manufacturing Conclave East in Kolkata. Under the Technology Development Fund (TDF) scheme, private industries are actively contributing core technologies, with DRDO providing financial support of up to Rs 50 crore per system along with technical guidance. Scientists from DRDO labs are closely mentoring these industries to ensure successful outcomes, she added. The ..

Building future-ready defence ecosystem 'necessity', says Rajnath Singh

He further said that the Armed Forces must operate jointly and remain future-ready in today's ever-evolving multi-domain environment

Nitin Gadkari calls for strong, self-sufficient defence sector for India

Union minister Nitin Gadkari on Tuesday pitched for a strong and self-sufficient defence sector and moving ahead of the world with research and development. Gadkari was addressing a gathering at the celebration of the ninth Armed Forces Veterans' Day at the Headquarters Maintenance Command, Indian Air Force, in Vayusena Nagar here. Tributes were paid to the unparalleled service and sacrifices of veterans on the occasion, which brought together the retired and serving personnel, their families and other dignitaries. Air Officer Commanding-in-Chief, Maintenance Command, Air Marshal Vijay Kumar Garg was also present at the event where the veterans were honoured for their service. "We have to become strong and self-sufficient in defence and move ahead of the world with research and development," he said. The country needs to become powerful so that there is no injustice in the world and peace and harmony prevails across the globe. Hence, the role of all the three armed forces is ...

Aero India to showcase India as emerging hub for defence manufacturing

India's biennial aerospace exhibition Aero India will be held at Yelahanka on the outskirts of Bengaluru from February 10-14 and it will showcase the country as an emerging hub for manufacturing of military aircraft, helicopters, equipment and new-age avionics. The event will include both air displays and static exhibitions of a large array of military platforms from the aerospace sector, the defence ministry said on Monday. "With the broad theme 'The Runway to a Billion Opportunities', the event will provide a platform for forging partnerships between foreign and Indian firms and the discovery of newer avenues in the global value chain to accelerate the indigenisation process," it said. The five-day event will feature a 'Defence Ministers' Conclave, CEOs' round-table and a large exhibition comprising India Pavilion and a trade fair of aerospace companies. The first three days of the event will be business days, while February 13 and 14 have been set as public days to allow people

Defence stocks soar up to 7% after govt okays building 2 nuclear submarines

The Indian Navy will get two nuclear-powered attack submarines, which will boost its underwater deterrence capabilities manifold in the Indian Ocean Region.

Adani Group, Bombardier explore partnership to boost Indian aviation sector

Discussions between Adani Defence & Aerospace and Canadian jet manufacturer Bombardier primarily focused on aircraft services, maintenance, repair, and overhaul (MRO)

India's path to defence manufacturing hub passes through ammunition market

The report says "Indian ammunition is on a fast track to grow, driven by a combination of strategic initiatives and pressing security needs"

World in most violent phase since second world war: CDS Gen Anil Chauhan

Gen Anil Chauhan noted that the world is passing through an era of big global disruptions, ranging from technological to environmental, peace, security and other issues

Income tax rate cut, sops for PSUs: Brokerage expectations from budget 2024

Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget

Defence ministry notifies fifth indigenisation list of 346 items for DPSUs

Consisting of 346 defence items, it aims to boost atmanirbharta

FDI, R&D, manufacturing key to achieve $5 bn defence export: Study

The survey, conducted across 15 cities in India, saw participation from over 130 national and international arms, ammunition, and security equipment manufacturers, exporters, and startups

Defence ministry tightens control on exports, increases equipment oversight

Governments of countries purchasing arms must declare that they will not send the defence exports from India to any other country

UP govt eyes Rs 5K cr investments for defence manufacturing corridor

Developers will make modern provisions for energy conservation, waste management, firefighting, noise, water and air pollution

HAL, DRDO to begin Rs 60,000 crore Sukhoi fighter jet fleet upgrade

The project aims to enhance the aircraft's capabilities with new radars, mission control systems, electronic warfare capabilities, and integration of new weapon systems for the Indian Air Force

Indian Army plans Rs 57,000 cr project to replace ageing T-72 tank fleet

The Indian Army is set to issue a Request for Proposal for a project to produce 1,770 future ready combat vehicles to replace its existing fleet of T-72 tanks