Tag
Defence Manufacturing
6 articles
India's drive toward self-reliance in defense is accelerating, marked by substantial investments and expanding private sector participation. Recent milestones include NIBE Group's new artillery and missile manufacturing complex and the Defence Ministry's foundation laying for key facilities supporting advanced programs like AMCA and naval systems. Record defense exports of ₹38,424 crore, alongside production exceeding ₹1.54 lakh crore, demonstrate significant progress toward ambitious government targets of ₹50,000 crore in exports and ₹3 lakh crore in production by 2030, signaling a potentially transformative shift in India's strategic capabilities and export opportunities.
Balu Forge FY26 Investor Presentation Strategic Expansion
Balu Forge submitted an investor presentation detailing FY26 financial results with revenue of ₹11,074 Mn and PAT margin of 22.7%.
The company announced strategic expansion into defence and aerospace,
Laxmipati Engineering FY26 Net Profit Surges 316% to ₹27 Cr
Company filed its Annual Report for FY 2025-26 with BSE, reporting revenue growth of 43.7% to ₹72 Cr and net profit surge of 316% to ₹27 Cr.
Notice convenes 15th AGM on July 17, 2026, to adopt account
GEE Ltd Sole Welding Supplier for Three Navy Warships
GEE Limited announced it was the exclusive supplier of welding consumables for three Indian Navy warships commissioned on June 21, 2026.
The triple commissioning of INS Dunagiri, INS Agray, and INS Sa
PM Modi Highlights India's Decade-Long Defence Transformation
PM Modi announces significant transformation in India's defence capabilities over the last decade driven by self-reliance.
Progress reflects strengthened capabilities across air, land and sea through
MIDHANI FY26 Net Profit Rises 19% to ₹130.79 Crore
MIDHANI approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, reporting highest ever annual turnover of ₹1,208.63 crore.
Board recommended a final dividend
Kranti Industries FY26 Revenue Crosses ₹100 Crore
Kranti Industries held its Q4 FY26 earnings call, reporting consolidated revenue exceeding ₹100 crore for the first time.
Standalone PAT turned profitable at ₹2.6 crore versus a loss of ₹0.75 crore in