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.
defence sector
March 2023
February 2023
December 2022
October 2022
India's Self-reliance In Defence And Attack
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.
Govt to buy 70 trainer aircraft from HAL for ₹6,800 cr
The decision is being taken in a bid to provide a boost towards the government's 'Aatmanirbhar Bharat' program in the Indian Aerospace Defence ecosystem.
75% of defence outlay to be spent for procurement from domestic firms: Rajnath Singh
In the union budget for FY2023-24, the government allocated ₹5.94 lakh crore for the Ministry of Defence, which is 13.18% of the country’s total outlay of ₹45.03 lakh crore.
PM Modi to inaugurate Asia's largest helicopter factory of HAL in Karnataka: All you need to know
Touted as Asia's largest helicopter manufacturing facility, Greenfield Manufacturing Facility, which is spread across 615 acres of land, will initially produce Light Utility Helicopters (LUHs).
Defence push: Raytheon arm starts Global Tech Center in Bengaluru
The GTEC will house more than 5,000 Collins and Raytheon Technologies employees in India, with additional sites set to open early 2023.
Collaboration can speed up pvt investment in defence: PwC
The “Space for Defence in India” report, released last week, says a clear R&D strategy and sources of investment will aid private industry to fully tap the potential of the sector.
