New Delhi: India’s Narendra Modi government has targeted a $26-billion defence industry by 2015, Minister of Defence Rajnath Singh said today. The target is expected to boost the sagging economy of the country. which has seen the Gross Domestic Product growth decelerating to an over five-year low at […]
New Delhi: Cyient, a global engineering and technology solutions company, today announced that it has signed a Memorandum of Understanding (MoU) with United Kingdom-based defence technology firm, QinetiQ’s Target Systems (QTS) to offer avionics products for its unmanned target systems. Cyient will provide advanced manufacturing and electronics engineering […]
New Delhi: The Narendra Modi government is planning to boost defence exports from the current 107-billion rupees ($1.5 billion) to friendly foreign nations by taking the help of the private sector in arms production. Defence Minister Rajnath Singh, who met with nearly 45 public and private aerospace and […]
