
The $130 Billion Battle For India's Defence Pie
India is making a break from the past to power its defence and attack capabilities completely indigenously, giving its firms a shot at the $2.5 trillion global defence and aerospace market.
India is making a break from the past to power its defence and attack capabilities completely indigenously, giving its firms a shot at the $2.5 trillion global defence and aerospace market.
An over ₹10 lakh crore defence indigenisation plan involves rapid strides in local manufacturing of critical war machines, fighter jets, aircraft carrier, and anti-climate clothing.
The steep budget allocation for FY24 capex is intended to keep the GDP growth ticking. But has capex succeeded in creating the multiplier effect in the economy?
The GTEC will house more than 5,000 Collins and Raytheon Technologies employees in India, with additional sites set to open early 2023.
Since May 13, shares of the aeronautics company rallied 18% to hit an all-time high of ₹1,785.85 in intraday trade on Friday.
80,000 employees to protest from December 8-10 against corporatisation; the employee federation has approached the Delhi and Madras High Courts, seeking judicial intervention.
Employees reject the decision to bring 41 ordnance factories under seven new DPSUs, write to Defence Minister Rajnath Singh.
India’s efforts to push its soft power have grown significantly, the latest move being the creation this month of a 13-member team of bureaucrats specifically to project soft power.
Here’s a look at the status of India’s strategy to counter China’s ‘string of pearls’ effort of encircling India with hubs of its influence.
The pact paves the way for India to access advanced U.S. defence systems