Defence ministry intensifies indigenisation drive
The defence ministry, on 18 May, said it has intensified the drive for indigenisation of defence items being carried out by state-run manufacturers. It...
Defence ministry cracks down as foreign firms default on offsets
The defence ministry has cracked down on foreign companies who have defaulted on their offset obligations, with harsher action expected in the coming months...
UP Govt, Adani Group ink MoU to build ammo complex
The Government of Uttar Pradesh signed a Memorandum of Understanding on the eve of Global Investors' Summit in Lucknow to set up South Asia's...
NSG designated to equip CAPFs with anti-drone systems
National Security Guards (NSG) has been designated as the nodal agency by the Union Home Ministry to equip other paramilitary forces and state police...
Garuda Aerospace to export 12,000 drones
Drone manufacturer and drone-as-a-service provider Garuda Aerospace will ship out about 4,000 drones to African countries and is also the lowest bidder in the...
14 firms shortlisted for production-linked incentive
Adani’s joint venture company with Israeli firm Elbit as well as IdeaForge Technology are among the 14 drone companies that have been selected as...
Second edition of swarm drone competition for start-ups launched
Defence Minister Rajnath Singh unveiled the second edition of the ‘Mehar Baba’ swarm drone competition by the Indian Air Force (IAF) for Indian start-ups...
High-level committee formed to decide on Predator drone deal
Amid a strong push by Prime Minister Narendra Modi government for ‘Make in India’ in defence, the defence ministry has formed a committee under...
Indian Army explores quadcopters for surveillance
The Ministry of Defence released an RFI, on 4 May, to identify vendors who can deliver high-altitude surveillance quadcopters to the Indian Army. More...
ideaForge raises $20 mn from Florintree, Infosys
Drone manufacturer ideaForge has closed its Series B funding round of $20 million led by Florintree, a company led by Mathew Cyriac, the former...
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