Kerala must launch it’s own satellites; aerospace, aviation, defence can grow to $30 billion industry
3 weeks, 6 days ago

Kerala must launch it’s own satellites; aerospace, aviation, defence can grow to $30 billion industry

The Hindu  

Kerala’s defence, aviation, and aerospace industry has the prospects of growing to a $30 billion industry by 2047, according to speakers at the Invest Kerala Global Summit here on Saturday. The growth of these industries to achieve the target is aided by the already increasing cooperation between the defence research institutions in the country and institutions like Keltron, HMT unit in Kalamassery and hundreds of small industrial units in the State, they said at a session on Kerala’s prospects in the aerospace, defence and aviation industries. Pavuluri Subba Rao, founder and managing director of Ananth Technologies and a defence industry expert, said that Kerala is seen as innovative in its approach to development. In progress Indian Navy’s Assistant Chief of Materials Sarath Aashirvad said that several warship programmes are in progress in the country, drawing partners like Keltron into the fold of defence equipment component suppliers.

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History of this topic

Less than 1% of Indian developers' topline is invested in technology, says Nirupa Shankar of Brigade Group
2 days, 19 hours ago

Less than 1% of Indian developers' topline is invested in technology, says Nirupa Shankar of Brigade Group

Hindustan Times  

Less than 1% of developers' revenue in India is invested in technology, says Nirupa Shankar, Joint Managing Director of Brigade Enterprises. Developers here still rely on manual processes, whereas global players have embraced AI, automation, and smart infrastructure to enhance efficiency and transparency,” Shankar told HT.com at the launch of the Earth Fund in Bengaluru. Brigade Group and Gruhas, the …

Centre fully supports Kerala in attracting investments: Piyush Goyal
3 weeks, 6 days ago

Centre fully supports Kerala in attracting investments: Piyush Goyal

Deccan Chronicle  

Union Minister of Commerce and Industry Piyush Goyal has lauded Kerala as a highly attractive destination for global investments, assuring the Centre’s full support in the state’s development initiatives. Addressing the Invest Kerala Global Summit at the Lulu Bolgatty International Convention Centre in Kochi, Mr. Goyal highlighted Kerala’s strengths in tourism, manufacturing, and logistics.“Kerala is at the forefront of development …

Kerala to be best spot for knowledge-based industries: P Rajeev
1 month ago

Kerala to be best spot for knowledge-based industries: P Rajeev

Hindustan Times  

Ahead of the “Invest Kerala Global Summit,” state industries minister P Rajeev spoke to Vishnu Varma about the nature of investments the state is expecting, the change in policies with regard to industrialisation, the benefits of the Vizhinjam transshipment port project and much more. State industries minister P Rajeev What are the expectations from this year’s global summit and how …

Focus on 22 sectors at Invest Kerala summit
1 month ago

Focus on 22 sectors at Invest Kerala summit

New Indian Express  

KOCHI: Kerala is taking a big step towards achieving its goals as part of the Industry 4.0 revolution. The two-day Invest Kerala Global Summit, which will begin on Friday at the Lulu International Convention Centre in Kochi, aims to showcase Kerala’s strategic advantages as a sustainable destination for a wide range of enterprises that define Industry 4.0. The summit, which …

GIM: Top global firms speak on scaling up sourcing from India in aerospace and defence
1 month, 1 week ago

GIM: Top global firms speak on scaling up sourcing from India in aerospace and defence

The Hindu  

Top global aerospace and defence companies that are currently participating at the four-day Global Investors’ Meet: Invest Karnataka 2025, expressed their keenness to scale up their product, equipment, and services sourcing from Karnataka and India. According to the Aerospace India Association, despite a quantum growth in the global aviation market, India’s current aerospace exports are worth as little as $2 …

Advanced technology transformed defence exports: DRDO top scientist
1 month, 2 weeks ago

Advanced technology transformed defence exports: DRDO top scientist

New Indian Express  

ROURKELA: Distinguished scientist and DG, Electronics & Communication Systems of Defence Research & Development Organisation Dr Binay Kumar Das on Wednesday outlined the need for mastering latest technologies to take India to the global top. Advanced technologies have already transformed country’s defence exports eight times in last five years, he said, adding Indian defence market is soaring high for self-reliance …

Kerala’s startup ecosystem booms: 10 innovative startups to watch in 2024
1 month, 3 weeks ago

Kerala’s startup ecosystem booms: 10 innovative startups to watch in 2024

New Indian Express  

KOCHI: Last year, Kerala’s startup ecosystem grew five times more than the global average and was valued at $1.7 billion. Netrasemi Pvt Ltd Founded in: 2020 Founders: Jyothis Indirabhai, Sreejith Varma and Deepa Geetha Based in: Thiruvananthapuram Funding: Raised funds of Rs 10 crore Milestones achieved: Rs 40 crore grant funding from GOI About: Netrasemi is a semiconductor company that …

Kerala to become new global hub of cutting-edge manufacturing industries: Minister P Rajeev
2 months ago

Kerala to become new global hub of cutting-edge manufacturing industries: Minister P Rajeev

Live Mint  

Davos, Jan 21 Kerala will become a new global hub of knowledge-based, cutting-edge and high-tech manufacturing industries within the next 10-15 years, the state's industries minister P Rajeev has said. Here in Davos for the World Economic Forum Annual Meeting, Rajeev said his government is inviting companies for the Invest Kerala Global Summit to be held next month. For the …

Top 5 defence stocks to watch out for pre-budget gains
2 months ago

Top 5 defence stocks to watch out for pre-budget gains

Live Mint  

India's defence sector is gearing up for a seismic shift as the government pairs record-breaking budgets with ambitious reforms, positioning the nation not just as a regional power but a global defence exporter aiming for ₹420 billion in exports by 2025. Here are five top defence stocks, filtered using Equitymaster’s screener and assessed for strong order books and strategic wins. …

10 defence stocks poised for explosive growth in India’s year of reforms
2 months, 1 week ago

10 defence stocks poised for explosive growth in India’s year of reforms

Live Mint  

As India strengthens its strategic position amid evolving global security dynamics, the nation's defence sector stands at a pivotal moment in 2025. This commitment aligns with India's vision of achieving defence exports worth ₹42,000 crore by 2025 and establishing itself as a key player in the global defence supply chain. The company’s current order book stands strong at ₹38,390 crore, …

Kerala govt invested over Rs 21.8k crore in firms opened under Year of Enterprises programme: Minister Rajeeve
2 months, 1 week ago

Kerala govt invested over Rs 21.8k crore in firms opened under Year of Enterprises programme: Minister Rajeeve

New Indian Express  

KOCHI: The state government has invested Rs 21,838 crore in establishments opened under the Year of Enterprises programme, Industries Minister P Rajeeve said at the Mission 1,000 conference held by the department on Tuesday. Mission 1,000 seeks to launch 1,000 MSMEs in the state with each of them generating an average annual turnover of over Rs 100 crore in the …

India's Data-Driven Strategy to Capture Market Beyond SpaceX
5 months, 1 week ago

India's Data-Driven Strategy to Capture Market Beyond SpaceX

The Hindu  

India is exploring a new strategy to capture a larger market share in the commercial space sector. The country plans to focus on providing cost-effective services and hardware to sectors such as communications, agriculture and commodities. This will involve providing data analytics and interpretation services, as well as building small satellites and launching them cheaply into orbit. While the Indian …

US and India to explore further advancements in defence innovation: US Consul General
6 months, 1 week ago

US and India to explore further advancements in defence innovation: US Consul General

New Indian Express  

BENGALURU: BENGALURU: To advance cooperation in space, the US and India are preparing to launch the NISAR satellite, a collaborative project between National Aeronautics and Space Administration and Indian Space Research Organisation. Speaking with TNIE, US Consul General in Chennai, Chris Hodges, mentioned that in the defence sector, an innovation summit that commenced on September 9 in the Silicon Valley …

India records growth in defence production
8 months, 2 weeks ago

India records growth in defence production

Deccan Chronicle  

New Delhi: India’s indigenous defence production achieved the highest-ever growth in value terms during Financial Year 2023-24 on back of Modi government's ‘Aatmanirbharta’ campaign. The value of defence production in the country has gone up to a record-high figure of Rs 1,26,887 crore, reflecting a year on year growth of 16.7 per cent. Prime Minister Narendra Modi said that government …

Kerala startup ecosystem registers 254 per cent growth: Study
9 months, 1 week ago

Kerala startup ecosystem registers 254 per cent growth: Study

New Indian Express  

KOCHI: According to The Global Startup Ecosystem Report 2024 released by a leading development organisation, the value of Kerala’s startup ecosystem has shown a compound growth of 254% between July 1, 2021, to December 31, 2023, compared to the July 1, 2019, -December 31, 2021, period. The extensive analysis is done with data from 4.5 million startups across 300 global …

Indonesian defence establishment could benefit from India’s experience and successes: Indian envoy
10 months, 2 weeks ago

Indonesian defence establishment could benefit from India’s experience and successes: Indian envoy

The Hindu  

“We are aware that Indonesia is also keen to build its own defence industry. We are keen to share our experiences in this endeavour,” said Sandeep Chakravorty, Indian envoy in Indonesia addressing the first-ever “India-Indonesia defence industry exhibition-cum-seminar” organised in Jakarta as the two countries mark the 75th year of establishment of diplomatic ties. Indian defence companies have achieved record …

Private Sector Has Huge Role in Defence Production: ENC Chief Rajesh Pendharkar
1 year, 1 month ago

Private Sector Has Huge Role in Defence Production: ENC Chief Rajesh Pendharkar

Deccan Chronicle  

Visakhapatnam: Private sector has a huge role to play in defence sector, which can take the country close to total indigenisation, said Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command, Visakhapatnam. Addressing the CII Southern Regional Council meeting in Visakhapatnam on Friday, he pointed out that Indian Navy has surged ahead due to increased indigenised content in ship …

Indian Defence exports breach Rs 16000 crore mark to reach an all time high
1 year, 6 months ago

Indian Defence exports breach Rs 16000 crore mark to reach an all time high

Op India  

Looking to expand the Make in India in defence sector, India’s defence exports have skyrocketed to an all-time high, touching nearly the Rs 16,000 cr mark in FY 2022-23, Defence Ministry said on Friday. “With a 23-fold increase in exports, Indian design and development capabilities are reaching over 85 countries,” the Defence Ministry announced. The Indian indigenous defence industry has …

Karnataka sets defence exports target of ₹25,000 crore by 2025
1 year, 6 months ago

Karnataka sets defence exports target of ₹25,000 crore by 2025

The Hindu  

Karnataka has set an ambitious target to nearly double its defence exports to ₹25,000 crore by 2025, said Large and Medium Industries Minister M.B. Speaking at the 36th National Convention of Aerospace Engineers and National Seminar on “SPACE - Boundless Opportunities”, hosted by the Karnataka State Centre of the Institution of Engineers, he said the State was also aiming to …

TN attracts ₹4,900 crore Defence sector investments
1 year, 10 months ago

TN attracts ₹4,900 crore Defence sector investments

The Hindu  

Tamil Nadu saw ₹4,900 crore investment in aerospace and Defence sectors in the last two years and the committed investment is ₹15,000 crore, said B. Krishnamoorthy, special secretary and project director of TIDCO. Speaking at a programme here on Thursday on “Accelerating Defence and Aerospace Industry in Tamil Nadu Defence Corridor”, he said the State is looking at creating infrastructure …

Defence industry one of key drivers of India's growth, says Defence Minister Rajnath Singh
2 years, 1 month ago

Defence industry one of key drivers of India's growth, says Defence Minister Rajnath Singh

Firstpost  

The Defence Minister has called upon Indian and global industry leaders to support the government’s endeavour to design, develop and manufacture cutting-edge products, using critical technologies within the country to attain complete ‘Aatmanirbharta’ in defence. Bengaluru: India will become 3rd largest economy in the world in the next 5 years, Defence Minister Rajnath Singh said on Monday, adding that the …

Kerala Budget 2023-24: Govt to allocate ₹1,000 crore for ’Make in Kerala’
2 years, 1 month ago

Kerala Budget 2023-24: Govt to allocate ₹1,000 crore for ’Make in Kerala’

Live Mint  

Kerala Finance Minister KN Balagopal on 3 February presented the state Budget for fiscal 2023-24 in the State Assembly and allocated ₹1,000 crore for 'Make in Kerala'. Under 'Make in Kerala', the minister said that facilities and infrastructure will be developed to increase domestic production, as well as employment, entrepreneur, investment opportunities in Kerala. According to the report, Kerala imported …

Kerala to create over 15,000 startups, 2,00,000 jobs in five year: CM Vijayan
3 years, 1 month ago

Kerala to create over 15,000 startups, 2,00,000 jobs in five year: CM Vijayan

Live Mint  

Vijayan said various government initiatives such as IEDC, YIP, programmes for incubation and acceleration, corporate innovation and so on have made Kerala the best place to start and grow enterprises The Kerala government has aimed to create over 15,000 startups and 2,00,000 jobs in emerging technologies in the next five years, said Chief Minister Pinarayi Vijayan on Saturday. {{^adFree}} {{/adFree}} …

Kerala to provide investors with best facilities available in country: CM Vijayan
3 years, 2 months ago

Kerala to provide investors with best facilities available in country: CM Vijayan

Deccan Chronicle  

Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Friday said the state will provide investors with facilities that are comparable to the best available in the country. While addressing the business leaders from Telangana at an Investment Road Show, the Chief Minister said, "The state is looking for strategic partnerships and we can assure that the state's facilities are comparable to …

Defence, aerospace manufacturing sector will surge to ₹1 lakh cr in 2022: Rajnath Singh
3 years, 3 months ago

Defence, aerospace manufacturing sector will surge to ₹1 lakh cr in 2022: Rajnath Singh

Live Mint  

Defence Minister Rajnath Singh on Saturday said that India's defence and aerospace manufacturing sector will escalate to ₹1 lakh crore in 2022. The current budget for the defence and aerospace manufacturing sector is ₹85000 crore. The contribution of the private sector in India's defence and aerospace manufacturing will rise to over Rs1 lakh crore by 2047 from around Rs18,000 crore …

India bets big on Paras Defence and Space Technologies Ltd, read why
3 years, 5 months ago

India bets big on Paras Defence and Space Technologies Ltd, read why

Op India  

What would be your reaction if you were told that your money grows 5% everyday? Paras Defence and Space Technology is a company that got listed in the stock market just recently. PM Modi said that India’s approach to space reforms is based on four pillars: freedom to private sector in innovation, role of government as an enabler, to make …

India seeks to create $5 billion worth of defence equipment by 2025, says DRDO
3 years, 6 months ago

India seeks to create $5 billion worth of defence equipment by 2025, says DRDO

Firstpost  

The aim is to fight the next war with Indian weapons, said DRDO Director General Hari Babu Srivastava Noida: The Union government has an ambition to create $5 billion worth of defence equipment by 2025, a senior DRDO official said, emphasising on the need for developing an ecosystem for defence research in the country. To realise this ambition, the government …

Kerala and Kitex Conundrum: Why the State Lost Rs 3500-crore Project, 35000 Jobs
3 years, 8 months ago

Kerala and Kitex Conundrum: Why the State Lost Rs 3500-crore Project, 35000 Jobs

News 18  

A long coastline, a picturesque landscape, pristine backwaters, high life expectancy and literacy, low rates of poverty, world-class healthcare, massive foreign remittances and a superior standard of living—there’s a reason they call Kerala ‘God’s Own Country’. The fact that only two of the 10 richest Malayali entrepreneurs have set up their headquarters in Kerala tells you a lot about the …

Indigenous aircraft carrier Vikrant to be commissioned next year: Rajnath Singh
3 years, 8 months ago

Indigenous aircraft carrier Vikrant to be commissioned next year: Rajnath Singh

Live Mint  

NEW DELHI: India’s first indigenously built aircraft carrier Vikrant, boasting of 75% homegrown content, will be commissioned next year, Indian defence minister Rajnath Singh said on Friday after a visit to the Southern Naval Command in Kochi. Describing the Indigenous Aircraft Carrier as “India's pride and a shining example of Atmanirbhar Bharat,” the defence minister said the “commissioning of the …

Career opportunities in R&D in Aerospace and Defence in India
3 years, 10 months ago

Career opportunities in R&D in Aerospace and Defence in India

The Hindu  

Innovation is largely driven by R&D, with many interdisciplinary fields being connected to basic and applied sciences. The first step towards building an R&D ecosystem would be to set up state-of-the-art research facilities on the campus, with industry collaboration. It is a sector with a high R&D output and is composed of many interdisciplinary fields closely associated with Astronomy, Planetary …

‘Technolgy, skilling vital for aerospace, defence’
4 years, 2 months ago

‘Technolgy, skilling vital for aerospace, defence’

The Hindu  

India needs to focus on deploying latest technology and skilling its workforce to become the next major powerhouse in aerospace and defence sectors, according to David Ziegler, vice-president of aerospace and defense, Dassault Systemes. “To make sure India will be one of the next major powerhouses in aerospace and defence, I think there are three parts to that. “I think …

India to become $10 trillion economy by 2030-32: Rajnath
5 years, 6 months ago

India to become $10 trillion economy by 2030-32: Rajnath

The Quint  

New Delhi, Sep 17 Defence Minister Rajnath Singh said in New Delhi on Tuesday that the goal of the government is to make India a $10 trillion economy by the year 2030-32. Singh further said that under the 'Make in India' initiative of Prime Minister Narendra Modi, the government aims to not only establish India as a major arms manufacturing …

Aiming for the stars… but can’t even make a chip!
5 years, 9 months ago

Aiming for the stars… but can’t even make a chip!

Deccan Chronicle  

India is reaching for the moon. This will mark a spectacular milestone in India’s space journey and showcase its amazing competencies in space technology acquired through decades of pioneering work. The success of India’s space technologists while lighting up the Indian firmament does at the same time cast into shadow another aspect of our national condition — the sheer inability …

Staying home: Kerala keeping talent local to grow its economy
5 years, 9 months ago

Staying home: Kerala keeping talent local to grow its economy

Al Jazeera  

The Indian state has long depended on remittances from abroad, but now homegrown tech firms are creating new jobs. In his sparse, and as yet incomplete, office in the southern Indian state of Kerala, he says he’s grateful for the local government’s initiative to help startups like his. “Kerala’s startup ecosystem is promising,” he told Al Jazeera from his company’s …

Tamil Nadu eyeing investments worth $15 billion in aerospace defence, reveals Nirmala Sitharaman at Global Investors Meet
6 years, 1 month ago

Tamil Nadu eyeing investments worth $15 billion in aerospace defence, reveals Nirmala Sitharaman at Global Investors Meet

Firstpost  

The Tamil Nadu government is eyeing investments worth $ 15 billion in the aerospace and defence sectors in the next 15 years to make the state a preferred hub for the two industries, revealed in the aerospace and defence policy unveiled by Defence Minister Nirmala Sitharaman at the Global Investors Meet. Chennai: The Tamil Nadu government is eyeing investments worth …

Anil Ambani to invest Rs5000 crore in AP defence manufacturing facility
9 years, 2 months ago

Anil Ambani to invest Rs5000 crore in AP defence manufacturing facility

Live Mint  

Visakhapatnam: Anil Ambani-led Reliance Group has signed a pact with the Andhra Pradesh government to set up a new defence manufacturing facility in the state for an initial investment of ₹ 5,000 crore. The deal represents “the single-largest investment at any one location in the state of Andhra Pradesh,” Ambani said during the inaugural ceremony of the CII Partnership Summit …

IT exports from Kerala to touch Rs 15,000 crore this year
9 years, 9 months ago

IT exports from Kerala to touch Rs 15,000 crore this year

Firstpost  

IT exports from Kerala are likely to touch Rs 15,000 crore mark this year and expected to create around 2 lakh jobs, state Industries and IT Minister P K Kunhalikutty said. In a government publication ‘Kerala calling’ on the completion of four years by the UDF regime, he said the IT sector also provided 1 lakh direct employment during the …

Clear skies predicted for aerospace and defence sector
9 years, 11 months ago

Clear skies predicted for aerospace and defence sector

The Hindu  

Proposed indigenisation of certain processes and increased participation of private players are among factors expected to give a fillip to a sector that is considered stunted in growth due to heavy reliance on the public sector. In a 2013 report, McKinsey said India’s Defence industry, which had grown substantially in recent years, was headed for even better days. While the …

Reliance Group has plans to venture into booming secotr of defense manufacturing | IndiaTV News
10 years, 1 month ago

Reliance Group has plans to venture into booming secotr of defense manufacturing | IndiaTV News

India TV News  

New Delhi: Billionaire Anil Ambani's Reliance Group is venturing into a new sector of defense manufacturing to explore the market which is expected to grow upto $100-billion in 10 years. The group which spreads from telecom to infrastructure and financial services to power has set up Reliance Defense and Aerospace as a wholly owned unit of Reliance Infrastructure Ltd, and …

Kochi-type Start-up Village at Vizag?
10 years, 7 months ago

Kochi-type Start-up Village at Vizag?

The Hindu  

Andhra Pradesh will soon have its own Start-up Village for IT companies on the lines of the one set up in Kochi, Kerala. A team of officials from the State led by J. Satyanarayana, IT Advisor to the State Government, will visit Kochi on Friday for a firsthand understanding of the Start-up Village established there. Once the policies get crystallised, …

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