February 4, 2026
India is advancing a coordinated strategy to develop domestic capabilities in rare earth permanent magnets through a combination of regional infrastructure planning and targeted fiscal incentives announced alongside the Union Budget 2026–27. The measures are aimed at reducing import dependence in critical materials and supporting manufacturing growth in electric mobility, renewable energy, electronics, aerospace, and […]
February 4, 2026
Defence Research and Development Organisation (DRDO) has successfully carried out a flight demonstration of Solid Fuel Ducted Ramjet (SFDR) technology from the Integrated Test Range (ITR), Chandipur, off the coast of Odisha. The test was conducted at around 10:45 hrs on 03 February 2026 and marks a key technological milestone in the development of long-range […]
February 3, 2026
Yantra India Limited has been granted Miniratna Category-I status following approval by the Ministry of Defence, a move that expands the company’s financial and operational autonomy and allows it to undertake larger capital expenditure without prior government clearance. The decision strengthens the firm’s ability to invest in new projects, modernisation, and capacity expansion within India’s […]
February 3, 2026
BEML Limited has commissioned a robotic welding cell and a Heavy Motor Vehicle (HMV) axle assembly shop at its manufacturing complex in Kolar Gold Fields (KGF), Karnataka, as part of its ongoing modernisation programme. The company said the new facilities are intended to strengthen manufacturing capability, improve process efficiency, and support quality and productivity improvements […]
February 3, 2026
Sagar Defence Engineering Private Limited announced a strategic investment in EndureAir Systems Pvt. Ltd. on 3 February 2026, marking a move to strengthen domestic capabilities in unmanned and autonomous aerial systems. The investment is aimed at advancing indigenous design and deployment of aerial robotics for defence and strategic applications. Sagar Defence Engineering Private Limited focuses […]
- Industry
- Mergers & Acquisitions
February 3, 2026
HORIBA India Private Limited has acquired 100 percent of the shares of Pristine Deeptech Private Limited, an India-based research and development company working on lab-grown diamond technologies for semiconductor and quantum research applications. The acquisition was completed on 14 January 2026 and results in Pristine Deeptech becoming a wholly owned subsidiary of the HORIBA Group. […]
February 3, 2026
Adani Defence & Aerospace, the defence and aerospace arm of Adani Enterprises Limited, has signed a memorandum of understanding with Leonardo to develop, manufacture and sustain a helicopter manufacturing ecosystem in India, the companies said on 3 February 2026. The partnership is aimed at addressing anticipated requirements of the Indian Armed Forces and supporting the […]
February 3, 2026
Heavy Water Board, a constituent unit of the Department of Atomic Energy, has established India’s first Oxygen-18 enriched water production facility with a capacity of 100 kilograms per year at its Heavy Water Plant in Manuguru, Telangana. The development marks the creation of indigenous capability for producing a critical input used in nuclear medicine and […]
