In a significant move to strengthen India's defence manufacturing and operational capabilities, Hindustan Aeronautics Limited is set to revive its Nashik plant operations. In addition to the new production order, the Air Force is preparing to comprehensively upgrade 84 existing Su-30MKI fighter jets under the ambitious 'Super Sukhoi' programme. The upgraded 'Super Sukhoi' jets will include advanced radar systems with …
Indian defence public sector undertakings such as Hindustan Aeronautics, Bharat Electronics and Mazagon Docks secured positions in the list of the top 100 arms-producing companies. In 2022, global sales of arms and military services by the top 100 armament companies reached $597 billion, experiencing a significant surge in demand driven by Russia’s invasion of Ukraine and escalating geopolitical tensions. The …
New Delhi: Prime Minister Narendra Modi and US President Joe Biden sought to welcome the “next generation” of US-India defence partnership as they vowed to work closely on “unprecedented co-production and technology transfer” plans in the defence sector, according to a joint statement. The statement, which was issued after a bilateral meeting between Modi and Biden in Washington DC Thursday, …
India is planning to sell up to 3.5% stake in aerospace and defence company Hindustan Aeronautics Ltd this week in a deal that could fetch the government 28.67 billion rupees, an exchange filing showed on Wednesday. So far, the government has mopped up 311.1 billion rupees by selling its shares in state-run firms as against its target of 500 billion …
India is the fastest growing airline market and there is a huge demand for civil aircraft and engines. This will be the first time that an operational transport aircraft is being built in India, and also the first time any operational aircraft is being built by an Indian private sector company. India’s fighter aircraft and helicopter building ecosystems are already …
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