India's defence sector holds prospect of USD 138 billion from FY24 to FY32
New Delhi: Amid increasing demand for defence equipment, technologies, and services, India's defence sector holds a substantial ordering prospect of nearly USD 138 billion from FY24 to FY32 for companies involved in defence production and technology advancement, according to a report titled 'India Defence' by Nomura.
New Delhi: The Indian Coast Guard (ICG) and Jindal Steel & Power (JSP) signed a Memorandum of Understanding (MoU) on Tuesday in New Delhi for the supply of indigenous marine-grade steel to enhance the indigenous content in shipbuilding.
GRSE pays interim dividend of Rs 90.73 crores for FY 2023-24
New Delhi: Warship builder Garden Reach Shipbuilders and Engineers Ltd (GRSE) has paid an interim dividend of Rs 90.73 crore for FY 2023-24 to its shareholders.
45 defence sector companies/JVs operating with foreign OEMs have govt approval
New Delhi/IBNS: The government has given approval to 45 companies/JVs operating in the defence sector with foreign OEMs.
Defence Ministry signs procurement deals with HAL and L&T
New Delhi/IBNS: The defence ministry on Tuesday finalised one deal each with Hindustan Aeronautics Limited (HAL) and Larsen & Toubro Ltd (L&T).