Manufacturing

The Indian industry should play a big role within the framework of the India-Central Asia Dialogue in line with the government’s commitment to have a vibrant partnership.

More than 120 MoUs between Defence Public Sector Units (DPSUs), private and global defence manufacturing companies were signed, for estimated Rs.50,000 crore investment in India.

The Defence Export Promotion Scheme (DEPC) aims to help indigenous manufacturers to market their products globally and enhance annual defence exports to Rs.35,000 crores by 2025.

Wipro Limited has secured a multi-year, global, strategic IT deal from Corbetta-headquartered Marelli, one of the world’s leading global independent suppliers to the automotive sector.

The Department of Defence Research and Development Organization (DRDO) has signed a Technology Development Contract with Rosoboronexport Russia High Energy Materials Research Laboratory (HEMRL) for high energy materials required for missiles, rockets and guns.

India has taken a number of steps to expedite the collaboration between the Indian and Russian Companies and looks forward for expeditious commencement of manufacturing in India, said Defence Secretary Dr Ajay Kumar.

Defence Minister Rajnath Singh has sought to synchronise the export capability of US defense sector with the ever-expanding opportunities in the defence manufacturing sector available in India to take the relationship between the two countries towards a collaborative approach from...

Mumbai-based Larsen & Toubro (L&T) recently delivered 51 K9 Vajra-T 155 mm/52 cal tracked self-propelled howitzers equipped with Allison Automatics to the Indian Army in advance of schedule.

With higher fiscal headroom to accommodate spending, it should be marginally positive for growth for India following the measures announced in the Budget 2020.

The Union budget has attempted at structural changes in agriculture, horticulture and pisciculture, through 16 Action Points, to make India a major player in agro and allied sectors exports in medium to long term basis besides simultaneously doubling our farmers...