Operation Sindoor: What’s next for Indian defence stocks?

As during any crossborder conflict, the escalating tensions between the nuclear-armed neighbours are expected to boost earnings for domestic defence companies. A strong and resilient export outlook further strengthens the sector’s prospects, said experts. Since the terror attack on tourists in Kashmir’s Pahalgam area on 22 April, the Nifty Defence index has increased 2.99%, significantly…

Read More

Drone industry hopes for higher PLI outlay in budget

The drone industry, one of India’s sunrise sectors, wants the government to increase allocations under the Production Linked Incentive (PLI) scheme in the upcoming Union Budget for 2025-26. In September 2021, the government announced a PLI scheme for the drone sector for a period of three years with a total financial outlay of ₹120 crore….

Read More

Drone buzz: India must buckle up for today’s AI-equipped arms race

Innocuous news from China shouldn’t make anyone sit up, but any technological edge it gains over the West in the Cold War II that’s underway should. On Sunday, China test-flew a large unmanned aircraft—or drone— with a payload capacity of 2 tonnes.  It’s just a cargo carrier, developed by the state-funded Sichuan Tengden Sci-Tech Innovation…

Read More
Back To Top