Indian Defence Industry

Defence FDI rules belong to a different era

As defence and space startups develop globally competitive capabilities, should India create a national-security screening mechanism for foreign investment?

DRDO cleared to transfer all conventional missile tech to pvt industry

Competitive bidding to decide which Indian private firms manufacture these missiles

Govt approves transfer of DRDO developed missile tech to defence industry

Defence Minister Rajnath Singh has approved the transfer of DRDO-developed technologies of all conventional missile systems to the Indian defence industry for production within the country. The defence ministry, making the announcement, said the move is an "important milestone" in promoting greater participation of the domestic industries in the defence ecosystem. "The provision will enable successful transition of missile system development to industrial production, reflecting the continued efforts of DRDO (Defence Research and Development Organisation) to leverage the capabilities of the Indian industry for the development and manufacture of advanced defence systems," the ministry said. It said the objective is to enhance domestic manufacturing capabilities, strengthen the defence industrial base and create opportunities for the participation of Indian MSMEs and other technology partners in the supply chain.

Defence index hits new high; Midhani, HAL, BEML rally up to 5%; here's why

Nifty India Defence index hit a new high of 9,912.75, gaining 1% in Monday's intra-day deals. The index quoted higher for the fourth straight trading day.

FY26 arms production hits record ₹1.78 trn; pvt sector share nears 25%

Despite setting a record production figure, FY26 broke the uninterrupted acceleration in annual defence production growth recorded between FY21 and FY25

Defence shares in demand; MTAR, Astra Microwave, Paras rally up to 7%

At 12:24 PM on Wednesday, the Nifty India Defence index was the top gainer among thematic indices up 2.8 per cent as against a 0.3 per cent rise in the Nifty 50.

Best of BS Opinion: E85 policy push needs a coherent transport roadmap

From India's biofuel push and FIFA's commercial priorities to pressure on the rupee, shifts in the global arms market and Malayalam cinema's evolution, here are today's key opinion pieces

Rajnath Singh unveils DFPDS-2026, boosts defence procurement to ₹1.25 trn

Defence Minister Rajnath Singh stated that the new framework will empower field commanders to make faster decisions, boost operational readiness, and minimise dependence on foreign equipment

Nifty India Defence index slips 5%; GRSE, BDL tank 8%, HAL hits 52-week low

Cochin Shipyard, GRSE, BDL, BEML, Paras Defence, Mazagon Dock Shipbuilders and Unimech Aerospace have plunged between 40% and 51% from their respective 52-week highs.

Defence stocks surge; Nifty India Defence hits 7-mth high, up 6% in 2 days

In the past one month, the Nifty India Defence index has rallied 11 per cent, as against 4 per cent fall in the Nifty 50.

Co-production over localisation: Industry on India-EU defence pact

India's defence industry sees the EU security pact as a turning point that could shift the country from buyer to industrial partner, unlocking co-development and supply chain opportunities

India's top arms makers held rare meetings in Russia on potential JVs

The talks in Moscow were held on the sidelines of a visit by an Indian defence-industrial delegation on October 29-30, headed by India's Defence Production Secretary Sanjeev Kumar

DRDO hands over seven indigenous defence technologies to armed forces

From a long-life seawater battery system for sustained underwater sensing and surveillance applications to a waterjet propulsion system for fast interceptor craft, the DRDO has handed over seven technologies to the armed forces, the government said on Friday. These technologies have been developed under the Technology Development Fund (TDF) scheme, the defence ministry said. "Defence Research and Development Organisation (DRDO) has handed over seven technologies developed under the Technology Development Fund (TDF) scheme to the three Services," it said in a statement. "The technologies are -- an indigenous high-voltage power supply for airborne self-protection jammers, a tide-efficient gangway for naval jetties, advanced very low frequency-high frequency switching matrix systems, VLF loop aerials for underwater platforms, indigenous waterjet propulsion system for fast interceptor craft, a novel process for recovery of lithium precursors from used lithium-ion batteries and a long-li

Nifty India Defence index down 2%; what's dragging defence stocks today?

Market experts attributed the weakness to a combination of valuation concerns, liquidity pressures and profit booking.

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

Goodluck India to invest ₹500 cr to scale up artillery shell casing output

Production of a test batch of empty shells commenced at the facility earlier this month, said Goodluck India Chief Executive Officer (CEO) Ram Agarwal

India, UK say will strengthen air defence, develop naval propulsion systems

Both countries to cooperate in developing maritime electric propulsion systems for the Indian Navy's vessels

Exploring ways to boost cooperation in defence, manufacturing with EU: Govt

India and the EU are also exploring avenues for enhanced cooperation in defence industry and manufacturing, the Ministry of External Affairs said