Tag: Defence Public Sector Undertakings

India Defence Sector Hits USD 17 Billion Milestone; Rajnath Singh Pushes for Export-Led Growth and Green Manufacturing

India’s defence production reached a record INR 151,000 crore (USD 17 billion) for 2024-25, driven mainly by state-run industries. Defence exports rose to INR 6,695 crore (USD 755 million). New initiatives and collaborations aim to enhance self-reliance and sustainability, positioning India as a future global defence manufacturing hub.

India HAL gets first LCA Tejas Mk1A centre fuselage from VEM Technologies

By A Correspondent Bengaluru (Karnataka): In a significant boost to India’s indigenous defence manufacturing capabilities, state-run Hindustan Aeronautics Limited (HAL) has received the first centre fuselage assembly for the Light Combat Aircraft (LCA) Tejas Mk1A from Hyderabad-based VEM Technologies on May 30, 2025. India’s Secretary (Defence Production), Sanjeev […]

India’s Hindustan Aeronautics CARE Rating improves

Bengaluru:India‘s state-run aircraft-maker Hindustan Aeronautics Limited‘s (HAL’s) ratings from CARE Ratings Limited has seen an improvement, with the rating agency upgrading it to ‘CARE AAA Outlook Stable‘. “The CARE Ratings Limited has upgraded the present HAL long-term ratings from ‘CARE AA+ Outlook Stable’ to ‘CARE AAA Outlook Stable’. […]

India defence agency successfully tests Akash-NG surface-to-air missile

New Delhi: India‘s defence research agency today successful flight-tested a new generation surface-to-air missile from the Akash family of locally-made air defence weapon systems, increasing the chances of its induction into the Indian armed forces soon. The Defence Research and Development Organisation (DRDO) successfully flight-tested the Akash-NG missile […]