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Avantel Unveils ₹560-Million Hyderabad Facility to Boost Indigenous Aerospace and Defence Technologies

Avantel Unveils ₹560-Million Hyderabad Facility to Boost Indigenous Aerospace and Defence Technologies

The facility is expected to create over 300 direct jobs and more than 1,000 indirect employment opportunities, delivering a significant boost to Telangana’s high-tech manufacturing ecosystem. Avantel Ltd, a leading player in satellite communications and defence electronics, has inaugurated its second facility in Hyderabad to expand its footprint in indigenous aerospace and defence innovation. The...

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Foundamental Launches Third Construction-Tech Fund, Deepens India Focus Amid Global Expansion

Foundamental Launches Third Construction-Tech Fund, Deepens India Focus Amid Global Expansion

The Berlin-based venture capital firm aims to close Fund III—anchored in the broader project economy of construction and infrastructure—by the end of calendar 2025. Berlin-based venture capital firm Foundamental has announced the launch of its third fund, reinforcing its commitment to India and the Asia-Pacific region while expanding its global footprint across construction, infrastructure, and...

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Thales Appoints Ankur Kanaglekar to Lead India Operations, Reinforcing Defence Localisation and Innovation

Thales Appoints Ankur Kanaglekar to Lead India Operations, Reinforcing Defence Localisation and Innovation

Kanaglekar will focus on scaling industrial partnerships, strengthening local engineering capabilities, and delivering advanced solutions across defence, aerospace, and digital domains. French multinational Thales, a global leader in aerospace, defence, and digital security, has appointed Ankur Kanaglekar as Vice-President for India, effective September 10. With over 25 years of experience spanning aerospace, defence, and strategic...

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Nabh Nirmaan: Towards 1 billion air trips

Nabh Nirmaan: Towards 1 billion air trips

India is one of the fastest growing aviation markets in the world. The traffic growth, in the last three years, has been in the range of 16-18 per cent per annum. India is expected to be amongst the top three aviation markets in 2020 along with the US and China.