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New Delhi: Providing further boost to ‘Make in India’, Ministry of Defence (MoD) signed a contract with Mahindra Defence Systems Ltd (MDSL) for supply of 1,300 Light Specialist Vehicles to the Indian Army, at a cost of Rs 1,056 crore, in New Delhi on March 22, 2021. The induction of vehicles is...

https://www.hindustantimes.com/india-news/france-offers-to-shift-panther-chopper-assembly-line-to-india-rafale-too-101610181121676.html#:~:text=France%20has%20accepted%20the%20Indian,given%20to%20New%20Delhi's%20adversaries.

NEW DELHI: Apple is working on deepening its manufacturing capabilities in India by increasing local sourcing of components for iPhones besides bringing its partners to kick off local production of iPads, Airpods and MacBooks, people familiar with the matter told ET. They added that there has...

The Indian National Space Promotion and Authorisation Centre (IN-SPACe), the newly created space regulatory body, has received at least 26 proposals from Indian and foreign firms within months of government opening up the space sector, reports Times of India. The proposals range from approval...

Bengaluru-based EV startup Pravaig Dynamics expects to sell around 2,500 of its newly unveiled luxury electric vehicle Extinction MK1 every year. The company has issued a statement revealing its plans to initially produce 2,500 units of the EV annual from next year. On Friday last week, the EV...

https://www.hindustantimes.com/business-news/infosys-rolls-royce-ink-strategic-partnership-for-aerospace-engineering-in-india/story-JBNcwz9VmzfDcwZ0kHKqlM.html

If it gets the go-ahead, Bharat Forge will become the first company to manufacture hovercraft in India. The company has already imported a hovercraft last year for technology absorption, a usual step in research and development process in product development After artillery guns and combat...

The country's foreign exchange reserves swelled by $5.412 billion to touch an all-time high of $560.532 billion in the week ended October 23, RBI data showed on October 30. In the previous week ended October 16, the reserves stood at $555.12 billion after increasing by $3.615 billion. During...

BENGALURU (Reuters) - Tesla Inc chief executive Elon Musk indicated on Friday that the U.S. electric carmaker will make a foray into India in 2021. “Next year for sure,” Musk said on Twitter in reply to a post with a photograph of a T-shirt with the message: “India wants Tesla”. “Thanks for...

The country's foreign exchange surged by USD 5.69 billion to reach an all-time high of USD 487.23 billion in the week to March 6 following an increase in foreign currency assets, according to the RBI data. In the previous week, the foreign exchange reserves had increased by USD 5.419 billion to...

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The Indian Air Force (IAF) has told the government that “it is committed” to buying nearly 300 indigenously made fighters and basic trainers from the state-owned Hindustan Aeronautics Limited (HAL), a senior defence ministry official said on condition of anonymity. The deal will likely cost the...

New Delhi: India plans to widen its doors to foreign funds in the defence sector to boost local production of armaments and cut down on imports. The department for promotion of industry and internal trade (DPIIT) and the defence ministry are in talks to ease many conditions to encourage foreign...

ISLAMABAD: People of Karachi Company witnessed a nasty episode when Chinese women attacked a person on dispute of car parking. The area police, however, reached the scene and controlled the situation. Chinese women were waiting for a space for parking their car while a man was pulling his car...

NEW DELHI: Lauding DRDO for successfully delivering indigenous weapon systems, IAF chief RKS Bhadauria on Tuesday said that the defence research agency should make the indigenous fifth-generation fighter aircraft happen and it must succeed. "The Advanced Medium Combat Aircraft (AMCA) must...

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NEW DELHI: Hindustan Aeronautics Ltd (HAL) is eyeing to assemble the famed Russian Ilyushin IL-114 aircraft in India and offer it in the 70-seater turboprop category to airlines here for regional commercial flights. The PSU has tied up with Public Joint Stock Company (PJSC, or Ilyushin) and is...

About 200 American companies are seeking to move their manufacturing base from China to India post the general elections, a top US-based advocacy group has said, observing that there is a fantastic opportunity with firms looking at alternatives to the Communist giant. The US-India Strategic and...