Defence Industry
GRSE Q2 net profit up 362% at Rs 59.02 crore
Warship builder Garden Reach Shipbuilders & Engineers Limited (GRSE) on Friday posted a growth of 362 per cent in its net profit at Rs 59.02 crore for the quarter ended on September 30 against Rs 12.78 crore in the same quarter previous year.
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DRDO’s Air Independent Propulsion system gets boost
Air Independent Propulsion (AIP) has a force multiplier effect on lethality of a diesel electric submarine as it enhances the submerged endurance of the boat, several folds, the DRDO said.
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Rules relaxed for exporting of defence equipment
The move will give a boost to defence exports and enhance ease of doing business. The application for grant of OGEL will be considered by Department of Defence Production (DPP) on a case-to-case basis, Defence Ministry said.
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IDEEA launched
“IDEEA aims to position India as the top three defence equipment exporters. It will be the interface between global defence market and Indian Defence Industry, with specific focus on MSME,” the association said.
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DRDO signs pact on technology transfer
The DRDO develops technologies for the Armed Forces and has been carrying out ToT of these technologies to the defence industry for end use of the Armed Forces.
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Make India your production base: Rajnath to French defence firms
New Delhi: Highlighting numerous steps taken by Narendra Modi government for making India a investment hub, Defence Minister Rajnath Singh on Wednesday asked the French defence industry to make India their production base and benefit from its vast market as ...
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DRDO launches Technology Demonstrator Vehicle
New Delhi, (UNI) Defence Research and Development Organisation (DRDO) on Tuesday launched a Technology Demonstrator Vehicle to prove a number of critical technologies for futuristic missions from D ...
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DRDO test fires AKASH MK1S Missile off Odisha coast
Defence Research and Development Organisation (DRDO) has successfully test fired AKASH-MK-1S missile from Chandipur-based Inte ...
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DRDO flight test ABHYAS in Odisha
Defence Research and Development Organisation (DRDO) on Monday conducted successful flight test of ABHYAS - High-speed Expenda ...
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DRDO test fires MPATGM weapon system in Rajasthan
In a major boost for Army, Defence Research and Development Organization (DRDO) on Thursday successfully test fired indigenously developed, low weight, fire and forget Man Portable Anti-Tank Guided ...
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