Tag: India defence industry
B HAL, Safran Sign Contract To Develop Aravalli Helicopter Turboshaft Engine

Hindustan Aeronautics Ltd (HAL) and Safran Helicopter Engines have signed a contract with SAFHAL Helicopter Engines Pvt. Ltd. for the design, development, manufacture, supply and lifecycle support of a new-generation high-power helicopter engine in the 3,500-4,000 shp class. Named Aravalli, the turboshaft engine has been selected to power HAL’s upcoming 13-ton Indian Multi-Role Helicopter (IMRH) […]

CW Bureau · Aug 26, 2026
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