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Bengaluru: HAL has delivered steady growth in a challenging global environment, leveraging strong execution and a robust order pipeline to maintain momentum in defence and aerospace operations. HAL reported revenue of Rs 32,250 crore for FY26, marking an increase from Rs 30,981 crore in the previous year. The growth came despite delays in key programs such as LCA Mk1A and HTT-40 due to supply chain disruptions. Accelerated deliveries of helicopters, engines, and services helped offset these cha ...Read More >
New Delhi: A six-fold increase in the budget for the regional connectivity scheme Udan will boost access to smaller towns and drive demand for smaller aircraft, potentially spurring local manufacturing, civil aviation minister Ram Mohan Naidu told ET. "Major aerospace companies like Embraer and Leonardo are in the process of setting up manufacturing lines in India and through schemes like Udan, the government will take every step to promote and facilitate these initiatives," Naidu said in an int ...Read More >
New Delhi, Mar 31 (PTI) Zetwerk Manufacturing Businesses has filed preliminary papers with markets regulator Sebi through the confidential route for an initial public offering (IPO) to raise between Rs 4,000 crore and Rs 5,000 crore. The proposed offering is expected to comprise a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, with details on issue size and valuation to be finalised through the book-building process, people familiar with the development said. ...Read More >
The LMGs were handed over at the company's small arms complex in Gwalior. Gwalior: The Indian Army received the first batch of 2,000 indigenously manufactured 'Prahar' light machine guns (LMGs) from Adani Defence and Aerospace in partnership with Israel Weapon Industries on Saturday. The 7.62 mm-calibre weapons are part of a larger order of over 40,000 guns and have been produced in India under the 'Make in India' programme. With the delivery completed 11 months ahead of schedule, the LMGs w ...Read More >
March 31 (Reuters) - India's Zetwerk has filed confidential draft papers with the market regulator for its initial public offering, a newspaper advertisement on Tuesday showed. Earlier this month, Reuters reported that the contract electronics manufacturer was aiming to raise up to $550 million at a valuation of about $4 billion. The company is targeting a listing later this year, the sources said, adding that the IPO includes about $300 million in fresh equity, with the remainder coming from ...Read More >
New Delhi [India], March 30 (ANI): Union Minister for Railways and Electronics and IT Ashwini Vaishnaw on Monday said the Memorandum of Understanding (MoU) between Gati Shakti Vishwavidyalaya and the Directorate General of Civil Aviation (DGCA) will significantly strengthen talent development in India's fast-growing aviation sector. Speaking at an event held in the presence of Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu, Vaishnaw described the agreement as a major step toward buildi ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite ...Read More >
Dehradun (Uttarakhand) [India], June 24 : Uttarakhand Chief Minister Pushkar Singh Dhami, on Saturday, participated in the BNI (Business Network International) Doon Expo, organised by BNI Dehradun at a private hotel on Rajpur Road. CM Dhami addressed the entrepreneurs and welcomed them. "The entrepreneurs investing in Devbhoomi Uttarakhand are the charioteers of Uttarakhand's development and the drivers of the state's progress. BNI Doon Expo is not just a showcase of products and services, but ...Read More >
New Delhi, Mar 2 (PTI) Amazon India on Monday announced 'Zero Referral fee' on more than 12.5 crore products, a move, the ecommerce giant said, aims to accelerate growth for lakhs of sellers across the country. Building on last year's fee revision, the company has expanded zero referral fees coverage more than 10-times from 1.2 crore products in 2025 to over 12.5 crore products priced under Rs 1,000 across 1,800-plus categories, the company said in a release. In addition, Amazon has reduced Ea ...Read More >
New Delhi, March 2: Prime Minister Narendra Modi on Monday laid out five key priority areas to deepen India-Canada cooperation, ranging from clean energy and critical minerals to artificial intelligence and food processing. Addressing business leaders, PM Modi said, "To move these shared ambitions forward, I will put some suggestions before you," before detailing sector-specific proposals aimed at strengthening the bilateral economic partnership. Calling clean energy a shared priority, PM Modi ...Read More >
Mumbai: Defence-related shares ended higher on Monday even as the overall stock market closed in the red. The rise came after tensions increased in the Middle East following a major military strike involving the US and Israel. Defence Stocks See Strong Buying Shares of Ideaforge Technology jumped 7.66 percent at closing. Paras Defence and Space Technologies rose 5.95 percent. Other defence stocks also gained. Bharat Electronics climbed 2.09 percent, Astra Microwave Products advanced 1.62 perc ...Read More >
New Delhi, Feb 24 (PTI) Omnitech Engineering, a manufacturer of precision-engineered components, on Tuesday raised over Rs 174 crore from anchor investors, a day before the opening of its initial share-sale for public subscription. The anchor book saw participation from several domestic and global investors, including ICICI Prudential Mutual Fund (MF), Nippon India MF, WhiteOak Capital MF, Ashoka India Equity Investment Trust Plc, Malabar India Fund, Edelweiss MF and Allianz Global Investors, a ...Read More >
CHANDIGARH: A portion of the frontal section of Congress MLA Sukhpal Singh Khaira's house in Bholath, Kapurthala, was demolished on Monday by the office of the Block Development and Panchayat Officer (BDPO). Khaira, a strong critic of Punjab Chief Minister Bhagwant Mann, condemned the move, calling it the dangerous introduction of "bulldozer (Pila-Panja) politics" in Punjab by Mann under directions from AAP supremo Arvind Kejriwal, aimed at silencing criticism and democratic dissent. As the de ...Read More >
New Delhi, Feb 23 (PTI) Days after a Tejas jet of the Indian Air Force sustained some damage at a frontline airbase, its manufacturer Hindustan Aeronautics Ltd (HAL) on Monday described the incident as a "minor" one. The state-run aerospace major, however, did not give specific details of the incident involving the Light Combat Aircraft (LCA). "There has been no reported crash of the LCA Tejas. The event in question was a minor technical incident on ground," a spokesperson for HAL said. "LCA ...Read More >
Bengaluru, Feb 17 (PTI) French Defence Minister Catherine Vautrin arrived here on Tuesday to attend a TASL programme being organised at Vemagal village in Kolar. The visit underscores the growing industrial partnership between India and France in the aerospace and defence sectors. "French Defence Minister Ms Catherine Vautrin arrived in Bengaluru today to participate in the TASL programme being organised at Vemagal village in Kolar," an official press release said. The Minister landed at HAL ...Read More >
Kolar: Gold mine district Kolar is set to witness a historic milestone with the inauguration of India's first Tata-Airbus mini helicopter Final Assembly Line (FAL) at Vemagal Industrial Area in Kolar taluk. The facility will be officially launched today at 4.20 pm by Prime Minister Narendra Modi and French President Emmanuel Macron through a virtual ceremony. The event will also be attended in person by Union Defence Minister Rajnath Singh and French Defence Minister Catherine Vautrin at the Ve ...Read More >
New Delhi, Dec 17 (PTI) Samtel Avionics on Wednesday said it has raised Rs 75 crore from True North Private Credit to fund growth and expansion. The deal also carries a green shoe option of Rs 140 crore for additional funding as the company scales up. "This funding marks a significant milestone in Samtel Avionics' expansion strategy as it strengthens its capabilities in high-tech electronics for defence, aerospace, railways, as well as emerging sectors like satellites, and unmanned systems (UA ...Read More >
Bhubaneswar: Vedanta Aluminium, one of the world's leading aluminium producers, has successfully scaled up operations at its Lanjigarh Refinery to 5 million tonnes per annum (MTPA), marking a major milestone in the company's growth trajectory and reinforcing India's push towards self-reliance in the aluminium sector. With the expansion, Vedanta's Lanjigarh facility has emerged as the world's second-largest alumina refinery. The scale-up raises India's total alumina refining capacity to nearly 1 ...Read More >
IT and Human Resources Development (HRD) Minister Nara Lokesh will launch the GMR MANSAS Educity Project coming up at Bhogapuram on Tuesday (December 16, 2025). This initiatve is part of the State government's plan to establish the country's first Aviation, Aerospace, Defence (AAD) educational city. According to an official release, the aviation, aerospace and defence sectors in India are developing at a rapid pace. Passenger footfall is projected to reach 700 million across the 200 airports in ...Read More >
NEW DELHI -- At least half a dozen executives from top Indian arms makers, including Adani Defense and Bharat Forge, attended rare meetings in Russia this year to discuss potential joint ventures, three people familiar with the matter said. The meetings took place during the first visit of India's defense business leaders to Russia since Moscow's 2022 invasion of Ukraine. The visit by the defense business leaders had not previously been reported. The Indian government is seeking to reorientate ...Read More >
Visakapatnam, Dec 16 (PTI) Andhra Pradesh government on Tuesday announced establishing an integrated Aviation, Aerospace and Defence EduCity near the upcoming Bhogapuram International Airport in Vizianagaram district. The GMR-MANSAS Aviation EduCity, spread over about 136 acres, is aimed at addressing the global and domestic shortage of skilled aviation professionals while positioning the state as a major hub for aviation education, research and training. "The Andhra Pradesh government has sig ...Read More >
SFO Technologies said the project underlines India's growing role in the global defence supply chain. French aerospace and defence major Thales has awarded SFO Technologies a contract to manufacture complex wired structures for the RBE2 Active Electronically Scanned Array (AESA) radar used on Rafale fighter jets, marking a key step in the localisation of advanced defence technologies under the Make in India initiative. The contract is part of Thales' broader Make in India strategy to localise ...Read More >
PRNewswire Bengaluru (Karnataka) [India], December 16: Thales, in partnership with SFO Technologies, has taken a significant step forward in supporting India's strategic vision for self-reliance in defence manufacturing. The latest contract, awarded for the production of high-value, technically advanced complex wired structures of the RBE2 AESA Radar of the Indian Rafale, reinforces SFO Technologies' long-standing expertise and enduring partnership with Thales across multiple major programmes. ...Read More >
BENGALURU, India, Dec. 16, 2025 /PRNewswire/ -- Thales, in partnership with SFO Technologies, has taken a significant step forward in supporting India's strategic vision for self-reliance in defence manufacturing. The latest contract, awarded for the production of high-value, technically advanced complex wired structures of the RBE2 AESA Radar of the Indian Rafale, reinforces SFO Technologies' long-standing expertise and enduring partnership with Thales across multiple major programmes. This fi ...Read More >
Hyderabad, Dec 15 (PTI) The Hyderabad-based Raghu Vamsi Aerospace Group on Monday announced the launch of a new DeepTech design, production, and integration facility here and also unveiled six indigenous UAV and autonomous defence products. With an investment of over Rs 100 crore in new manufacturing and technology development at the Citadel Campus in Hardware Park, near Hyderabad International Airport, the 25,000 sq ft campus will house design-to-assembly manufacturing for UAVs, engines, and a ...Read More >
Telangana is preparing a comprehensive roadmap to develop a globally competitive aerospace and defence ecosystem, Industries and IT Minister D. Sridhar Babu said here on Saturday. Building on the foundations that helped the State shape into a strategic defence hub over the decades, the roadmap will seek to capitalise on the China plus one strategy of global firms, the growing significance on securing supply chain amid geopolitical dynamics as well as contribute to making India Atma Nirbhar or s ...Read More >
Hyderabad: Telangana's IT Minister Duddilla Sridhar Babu said that his government's goal is to develop Telangana as the country's aero engine capital by 2030. He said that a comprehensive roadmap is being prepared to develop the aerospace and defence ecosystem in partnership with leading industries and leading educational institutions. India's Aerospace and Defence Manufacturing Summit was jointly organised by the College of Defence Management and ISB Munjal Institute for Global Manufacturing a ...Read More >
Hyderabad: Telangana is strategically positioning itself to emerge as India's aerospace and defence (A&D) capital by 2030, with the state govt working on a comprehensive roadmap to develop a globally competitive ecosystem for the sector in the state, IT and industries minister Duddilla Sridhar Babu said on Saturday.As part of the long-term vision for Telangana, the state govt is integrating the A&D sector as a critical component of its $3 trillion economy goal by 2047, Sridhar Babu said while ad ...Read More >
The Hindustan Aeronautics Ltd (HAL) on Friday sealed a major deal with US-based General Electric Aerospace to procure 113 jet engines for its Tejas light combat aircraft programme. Under the deal, the delivery of the F404-GE-IN20 engines and support package for the execution of 97 Tejas MK-1A light combat aircraft (LCA) will begin from 2027, and the supplies will have to be completed by 2032. HAL said it has entered into an agreement with General Electric to acquire the engines and support pac ...Read More >
New Delhi, Nov 7 (SocialNews.XYZ) In a significant development for India's indigenous fighter jet programme, Hindustan Aeronautics Limited (HAL) on Friday inked a deal with US-based General Electric (GE) for the supply of more than 100 jet engines to power the Light Combat Aircraft (LCA) Tejas Mark-1A. In a post on X, HAL said the agreement covers the delivery of 113 F404-GE-IN20 engines, along with a comprehensive support package, to meet the requirements of the follow-on order for 97 Tejas Mk ...Read More >
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