Tag: Ministry of Defence

India to build $26-billion defence industry by 2025

Bangkok: India is committed to achieving $26-billion defence industry by 2025, Minister of Defence Rajnath Singh today said at an industry event here, exhorting global arms manufacturers to join the ‘Make in India’ initiative of the Narendra Modi government. Speaking at the ‘India Rising’ event, organised by the […]

India forms state-run defence JV for 60k tons/yr aluminium alloy plant

New Delhi: India has established a joint venture between two state-run enterprises to produce 60,000 tonnes-a-year of high end aluminium alloy used in the strategically important aerospace, aviation and defence sectors. India’s defence ministry-run Mishra Dhatu Nigam Limited (MIDHANI) and mining ministry-run National Aluminium Company Limited (NALCO) have […]