BEML signs MoU for maritime financing as fresh rail and metro orders boost portfolio
This move is a significant step toward accessing dedicated funding avenues, aiming to strengthen manufacturing capabilities within the maritime industry.
Category: Industry
DRDO’s Indigenous AIP System: Features, Benefits & P-76 Integration Plans
Air-Independent Propulsion (AIP) is a means for a diesel-electric submarine to produce electrical power underwater without the need to surface or snorkel to run its diesel engines, therefore, its submerged endurance is extended to a great extent.
JSW and Shield AI team up for major $90 million drone factory project in Hyderabad
JSW is building a $90 million drone plant near Hyderabad to make V-BAT military drones with Shield AI. The new site will support large-scale production and create over 300 jobs.
BEML bags fresh contract worth Rs 414 cr from BMRCL for supply of additional trainsets
BEML, a public sector undertaking which manufactures metros and heavy equipment, will supply the additional trainsets to support increased passenger capacity and network expansion.
Apollo Micro Systems Shares Jump Over 4% After New Defence Licence
Apollo Micro Systems shares climbed over 4% after the company received a new licence to make unmanned helicopters, UAS, and defence navigation and radar systems, boosting hopes for strong future defence orders.
DRDO Develops New Compact Transhorizon Communication System for Tough Himalayan Terrain
DRDO’s DEAL lab in Dehradun has built a Compact Transhorizon Communication System that works without mobile networks or satellites.
BDL Wins ₹2,461.62 Crore Defence Orders From Indian Army
Bharat Dynamics Limited has received new defence orders worth ₹2,461.62 crore from the Indian Army, covering emergency Anti-Tank Guided Missiles and Surface-to-Air Missiles.
SDAL Partners With CSIR-NAL to Develop Next-Gen 150 kg Loitering Munition Drone
SDAL has signed a major agreement with CSIR-NAL to design and develop a fully indigenous 150 kg loitering munition UAV, marking a key step in India’s growing defence technology efforts.
Tembo Global Acquires Majority 75% Share in Tembo Defense Products for ₹126.71 Crore
Tembo Global Industries has taken a major step into defence manufacturing by investing ₹126.71 crore to secure a 75% stake in Tembo Defense Products, strengthening its long-term expansion plans in the sector.
Paras Defence Partners With IUAC To Build Advanced MRI Magnet Tech
Paras Defence and IUAC have signed a new MoU to build an MRI magnet in India. The project’s goal is to create affordable, advanced medical technology using fully indigenous design and development.
