Once commercialised, each Vikram VT21 will be fitted with about 300 customised panels developed by CUMI to protect its front and hull against armour‑piercing projectiles. Defence Research and Development Organisation (DRDO), India’s premier defence R&D agency, has officially recognised Carborundum Universal Ltd (CUMI) as a partner of choice to armour the Vikram VT21 indigenously developed...
Tag: defence
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IMC 2025: Satcom Summit Calls for Space Networks to Bridge Digital Divide
As India’s satellite communication sector enters a transformative phase, its future success will hinge on delivering universal digital access, said top lawmakers, industry leaders and technologists at the inaugural SATCOM Summit on Wednesday. With policy reforms, public-private partnerships and next-generation technologies propelling India’s satellite communication sector into a transformative phase, its future success lies in...
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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
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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GST on Drones Slashed to 5% in Major Tax Reform, Boosting India’s UAV Sector
Uniform taxation rate to reduce prices and spur drone adoption across agriculture, defence, and infrastructure. In a landmark move to support emerging technologies and industrial growth, the GST Council has approved a uniform 5 per cent goods and services tax (GST) on all categories of drones. The reform, announced at the 56th GST Council Meeting,...
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Defence Budget Set for Rs.500 Billion Top-up
Following successful missile strikes on nine major terror camps in Pakistan, India is reportedly considering an additional Rs.500 billion defence allocation this fiscal, according to government sources. The military operation, which began on 7 May, was later extended to 11 air bases, crippling Pakistan’s air defence infrastructure. The neighbouring country has long been accused of...
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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.
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Dholera: A New Era
Greenfield Dholera industrial city is targeting industries such as defence and aero, heavy engineering, auto and auto ancillaries, general manufacturing, pharma and biotechnology, electronics industries, IT and ITES, and agro and food processing. These industries are expected to create around one million job opportunities.
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We have brought down civil structure approvals from nine months to one day
In an exclusive interview with CW, Jayesh Ranjan, Secretary, Department of IT, Electronics and Communication, Government of Telangana, talks to RAHUL KAMAT about how T-Hub, optic fibre network, Phase-2 of the metro and new sectors like aerospace and defence are attracting investments in the state.
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Jaitley releases CII reports on transparency in real-estate sector
Arun Jaitley, Minister of Finance, Corporate Affairs and Defence has released a CII (Confederation of Indian Industry) CII reports on transparency and ethics in the real-estate sector. He also launched the CII Centre for Arbitration and Mediation during the Annual Session of CII with the theme ‘Future of Globalisation: Can India Lead?’