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
Zen Technologies Bets Big On DAP 2026 To Boost Defence Order Pipeline
Defence technology company Zen Technologies Ltd expects India’s evolving defence procurement framework and continued push for indigenisation to accelerate order inflows, while reiterating its guidance of achieving a cumulative turnover of ₹4,000 crore across FY27 and FY28. In his message to shareholders in the company’s Annual Report 2026, Chairman and Managing Director Ashok Atluri said […]
CW Bureau
·
Aug 7, 2026
STARTUP/TECHNOLOGY
Data Patterns Q4 PAT Up 21% At ₹138 Cr On Higher Operational Efficiency
Data Patterns (India), a strategic defence and aerospace electronics systems provider reported a 21% rise in profit after tax (PAT) for the March quarter of FY26 at ₹138 crore compared with ₹114 crore in the corresponding quarter last fiscal, supported by higher operational efficiency and strong execution across defence programmes. The company’s EBITDA for Q4FY26 […]
CW Bureau
·
May 16, 2026
