MANUFACTURING
India’s Defence Industry Set To Grow 19% Annually To ₹3 Lakh Cr By FY29
India’s defence industry is expected to expand from ₹1.78 lakh crore in FY26 to ₹3 lakh crore by FY29, registering a compound annual growth rate (CAGR) of around 19%, while maintaining PBILDT margins of 20–22%, according to CareEdge Ratings. The growth is expected to strengthen domestic defence capabilities, reduce import dependence and enhance India’s position […]
CW Bureau
·
Aug 8, 2026
MANUFACTURING
From Steel Plants To Warship: SAIL’s Role In INS Taragiri Commissioning
Steel Authority of India Ltd (SAIL), a Maharatna Central Public Sector Enterprise, has played a key role in the commissioning of INS Taragiri, the fourth ship of the Nilgiri-class (Project 17A) stealth frigates. The warship was inducted into the Indian Navy on April 3, 2026, marking a significant step in strengthening India’s maritime defence architecture. […]
CW Bureau
·
Apr 5, 2026
GENERAL
Indian Army Partners With IIT Madras Pravartak For Defence Indigenisation
Indian Army’s Corps of Electronics and Mechanical Engineers (EME) is partnering with IITM Pravartak Technologies Foundation to accelerate indigenous engineering capabilities and reduce dependence on external sources for critical military technologies. Collaboration To Bridge Gap Between Field Needs And Advanced Research The partnership will enable a structured approach to jointly identify, develop and deploy indigenous […]
CW Bureau
·
Mar 26, 2026
