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Indian Army puts on hold purchase of 200 logistics drones from Dhaksha Unmanned Systems over China parts concerns

Indian Army puts on hold purchase of 200 logistics drones from Dhaksha Unmanned Systems over China parts concerns

A Dhaksha DH-Logigator logistics drone. (Photo: Dhaksha Drones)New Delhi: The Indian Army has paused its plans to buy 200 logistics drones from Dhaksha Unmanned Systems, a company based in Chennai. This decision, which the Army took recently, comes a...

     
Chennai businesses explore opportunities in UAE market at roundtable

Chennai businesses explore opportunities in UAE market at roundtable

UICC-CII Roundtable. (Photo via special arrangement.)New Delhi/Chennai: The newly formed United Arab Emirates-India CEPA Council (UICC) partnered with the Confederation of Indian Industry (CII) to host a business roundtable in Chennai, on Wednesday. ...

     
Korea is India’s optimal partner as a leader in semiconductors, automobiles and chemicals: Jeong Dae-jin

Korea is India’s optimal partner as a leader in semiconductors, automobiles and chemicals: Jeong Dae-jin

New Delhi: Korea’s deputy minister for trade, industry and energy Jeong Dae-jin said that if Korea’s outstanding manufacturing foundations such as electronics, automobiles, steel, are combined with India’s world class ICT capabiliti...

     
India should become energy independent before 2047: MEA

India should become energy independent before 2047: MEA

New Delhi: In order to become energy independent before the 100th year of independence, Ministry of External Affairs’ additional secretary Prabhat Kumar said that India should focus on self-sufficiency in all aspects of energy ecosystem includi...

     
Rajnath Singh invites Swedish companies to invest in defence corridors

Rajnath Singh invites Swedish companies to invest in defence corridors

New Delhi: Defence Minister Rajnath Singh has invited Swedish firms to invest in the dedicated defence corridors of Uttar Pradesh and Tamil Nadu.During a webinar on on India-Sweden Defence Industry Cooperation, Singh said that the Swedish companies c...

         
India’s projects in Africa ‘empower rather than extract’: Jaishankar

India’s projects in Africa ‘empower rather than extract’: Jaishankar

Jaishankar at 15th CII-EXIM Bank Digital Conclave on India-Africa Project Partnership  New Delhi: External Affairs Minister S Jaishankar on Tuesday asserted that India continued to bring to Africa the best of its developmental experien...

     
Lockheed Martin to help in developing indigenous defence manufacturing ecosystem in India

Lockheed Martin to help in developing indigenous defence manufacturing ecosystem in India

New Delhi: Reaffirming its continued commitment to and focus on “Make in India” initiative, US aerospace major Lockheed Martin has said that it will help in growth of an indigenous defence manufacturing ecosystem, advancing the aerospace ...

    
Shripad Naik inaugurates conference on aerospace and defence manufacturing technologies

Shripad Naik inaugurates conference on aerospace and defence manufacturing technologies

New Delhi: Shripad Naik, minister of state for defence  on Wednesday said that Indian defence and aerospace industry is on the threshold of transformation, under the several initiatives of the government to promote “Make in India” an...

        
Defence manufacturing adversely affected due to COVID-19: Defence Minister Rajnath Singh

Defence manufacturing adversely affected due to COVID-19: Defence Minister Rajnath Singh

New Delhi: Acknowledging the hardships faced by the defence industry, Defence Minister Rajnath Singh on Thursday said that the government has taken several steps for industries, especially MSMEs, including extension of response dates of RFP/RFI, earl...

         
FDI in Defence: Industries hail government for raising the cap

FDI in Defence: Industries hail government for raising the cap

New Delhi: Lauding the government’s decision of raising the Foreign Direct Investment (FDI) in defence sector from 49 per cent to 74 per cent through automatic route, the defence equipment makers on Saturday said that the step would incentivise...

      

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