January 30, 2026
India’s space economy is valued at an estimated USD 8.4 billion, with 399 start-ups currently active across launch vehicles, satellites, propulsion systems and space-grade electronics, according to statements made in Parliament on 29 January 2026. The expansion follows policy reforms introduced after 2019 that opened the sector to private participation and established new institutional mechanisms […]
January 29, 2026
ideaForge Technology Limited recorded cumulative order inflows of approximately INR 440 million during FY26 year-to-date, marking the highest annual order booking in the company’s history, supported by emergency defence procurement and broad-based demand across programmes. The company ended the December 2025 quarter with an open order book of around INR 350 million, which increased to […]
January 29, 2026
Balu Forge Industries Limited has been inducted into the North Atlantic Treaty Organisation (NATO) supply chain, enabling it to manufacture and supply high-precision defence components to NATO member states. The development expands the company’s defence manufacturing footprint beyond India and positions it within global artillery and advanced ammunition programmes. The induction allows Balu Forge to […]
January 28, 2026
Stallion India Fluorochemicals Limited has entered into a strategic technology tie-up with Portugal-based SYS Advance to collaborate on helium recovery and liquefaction systems, as part of its expansion into advanced industrial gas technologies. The agreement takes the form of a memorandum of understanding for cooperation and joint working and is aimed at addressing demand from […]
January 28, 2026
Jyoti Global Plast Limited has entered into a lease agreement to establish and operate a drone integration and development unit in Bengaluru, marking a diversification into unmanned aerial vehicle (UAV)–related activities. According to the company’s regulatory filing, the facility will be used for the integration, testing and deployment of drones and related systems. The unit […]
January 28, 2026
Embraer and Adani Defence & Aerospace have signed a memorandum of understanding to develop, manufacture, and sustain a regional transport aircraft ecosystem in India. The agreement was announced in New Delhi on 27 January 2026 and covers cooperation across aircraft manufacturing, supply chain development, aftermarket services, and pilot training, marking a step toward building domestic […]
January 28, 2026
AxisCades Technologies Limited, an India-based aerospace and defence engineering and technology services company, has entered into a strategic partnership with Ogma – Indústria Aeronáutica de Portugal to expand capabilities in aerospace manufacturing, maintenance, repair and overhaul (MRO), airframe engineering, and certification services. The agreement was announced on 27 January 2026 and is intended to support […]
January 26, 2026
Shubha Venkatesha Iyengar has been conferred the Padma Shri, India’s fourth-highest civilian award, in recognition of her contributions to aerospace engineering and aviation safety technologies. The award was announced as part of the 2026 Republic Day honours and acknowledges her role in the development of indigenous aviation weather and runway visibility systems. Iyengar spent more […]
January 26, 2026
Dr. A.E. Muthunayagam, a veteran space scientist closely associated with the development of India’s liquid propulsion technology, has been conferred with the Padma Shri as part of the country’s 77th Republic Day honours announced on 26 January. He was recognised in the field of science and engineering. The 88-year-old scientist played a key role during […]
January 26, 2026
Solar Industries India Limited founder-chairman Satyanarayan Nuwal has been conferred the Padma Shri, India’s fourth-highest civilian award, for his contribution to the defence manufacturing sector. The award recognises his role in expanding private sector participation in military explosives and ammunition manufacturing and in advancing indigenous defence production capabilities. Nuwal founded Solar Industries in 1995 as […]
