Defence And Aerospace Earnings Rise In Q2

High defence spending from major powers like India, China and Japan is likely to drive defence sector revenue growth in 2018 and beyond.  Defence sector is likely to experience steep rise in the revenue in the year 2018 and beyond...

IAI And Rafael Removed From Blacklist

Two Israeli arms companies, Israeli Aerospace Industries (IAI) and Rafael have been removed from the blacklist by Indian Government.  The government has taken down two major Israeli arms companies, Rafael and Israeli Aerospace Industries (IAI) from the blacklist of firms...

Textron Fails To Meet The Offset Guidelines, Reduces Operations In India

After failing to meet the offset guidelines and seeing lack of opportunities in India, US manufacturer Textron has decided to reduce its operations in India.  US manufacturer Textron has decided to wind down its defence operations in India after getting...

Govt. Approves ‘Make In India’ Defence Policy

The implementation of guidelines for the defence Strategic Partnership model has been finally approved by the Government. The model incentivizes domestic private and foreign firms in military manufacturing in India.  This decision of implementing the policy was taken at a...

Boeing To Provide Platform To Indian Startups In Aerospace Sector

According to an official, Boeing, the global aircraft maker would provide Indian start-ups its innovative platform in the aerospace sector.  "Boeing is providing a platform to promote innovation in India. Such platforms accelerate Start-up India and give impetus to Make...

Defence Minister Hands Over Indigenous Battle Tank Engines To Army

According to The Hindu report, Defence Minister Nirmala Sitharaman handed over fully indigenous battle tank engines to the Vice Chief of Army. These engines were manufactured by Engine Factory Avadi (EFA). EFA has manufactured V-46-6 and V92S2 engines that...

Indian Defence Market, A Huge Draw For US Firms

American firms are seeking for private ownership in India's defence market as the market size of India's defence and aerospace sector is a huge draw. The sector is set to reach $70 billion, from $1.7 billion over the next 10-12...

Leading Companies Agree To Set Up Units At Kinfra Defence Park In Ottapalam

India’s first defence park, coming up in Palakkad, has got a big boost with leading companies in the defence and aerospace sector such as BEML, Bharat Electronics Ltd (BEL) and Hindustan Aeronautics Ltd (HAL) agreeing to ask its suppliers...

AeSI Called For Enhancement Of Native Aviation Ecosystem Of Defence Force In India

Dr. R.K Tyagi, President of Aeronautical Society of India called for strengthening the indigenous aviation ecosystem of Defence forces in India at Naval Aviation Innovation exposition held at Kochi on 11th July, 2018. He talked about the growing opportunities for...

US Aspire to Grow Defence Coorporation with India

US consul general in Kolkata Craig Hall said on Tuesday that the United States wants to grow defence coorporation with India and it do not want to see the country just as a customer. He mentioned that the defence purchases...

Solar Industries India teams up with Eurenco

Solar Industries India, one of the fastest growing company in defence manufacturing, has announced a strategic partnership with with Eurenco, the European leader in high-energy materials for explosives and propellant technologies, on Tuesday. As per media reports, this tie-up is aimed...

Jaisalmer Military Station to get a smart makeover

After the rigorous effort of the Indian Government, this time the Indian Army has drawn a detailed plan to develop the Jaisalmer Military Station in Rajasthan as a smart facility patterned on the Centre’s Smart Cities, an official said...

Nirmala Sitharaman inaugurates Bharat Electronics’ representative office in Vietnam

In a significant move to boost India-Vietnam ties, union defence minister Nirmala Sitharaman inaugurated the first representative office of the state-owned defence equipment manufacturer Bharat Electronics Ltd (BEL) in Hanoi, reported Livemint. Sitharaman handed over the symbolic key of BEL’s...

GKN Aerospace plans second facility in India

GKN Fokker Elmo — a GKN Aerospace unit specialising in electrical wiring harnesses — is discussing plans for a second manufacturing facility for wiring systems in India during a visit to Pune this week. The Fokker Elmo business already operates a Joint Venture for...

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Recent Posts

Samsung’s ‘LED for Home’ Launched in India

Priced between 1 - 3.5 crores, Samsung has unveiled ‘LED for Home’ for luxury homes with a modular formation and HDR Picture Refinement technologies Samsung has launched...

Starting an Electronic Counter Making Business

This report details the nuances that go into setting up an electronic counter making business. We are surrounded by different electronic gadgets, most of which...

SBI Plans to Make 10,000 ATMs Solar Powered

SBI was the first to install solar panels over its ATMs in the rural areas in 2008, which has increased to 1200 currently State Bank...

DoT Open to New 5G Frequency Bands

Telecom authorities and companies are engaging in probable spectrum bands' discussions to launch the high-speed 5G internet in India by 2019 Aruna Sundararajan, telecom secretary,...

India Ahead of US, Japan in Adopting Automation, AI

Companies around the world have started adopting Artificial Intelligence and RPA in their workspaces as these enhance employee productivity A recent study concluded that India...