Jun 30, 2022
Zetwerk has announced the acquisition of Pinaka Aerospace the leading manufacturer in the defence and aerospace sector
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Zetwerk has announced the acquisition of Pinaka Aerospace the leading manufacturer in the defence and aerospace sector
The Curated Network for Progressive Leaders
Dr. Chaitanya Giri Founder DAWON A & I Showing a Way Forward for India's Aerospace Sector
Due to ISRO’s societal approach, many of its contractors were unable to record their first profits for the longest time
India urgently needs to understand that space is no more science, especially the exploration part. It has got economic angle to it, says Chaitanya
While not every startup will build satellites or rockets, there is a tremendous market in construction of payloads, speciality materials, pharmaceuticals, biological materials
The Indian aerospace & defence (A&D) market is projected to reach ~US$ 70 billion by 2030. Driven by the burgeoning demand for advanced infrastructure and government thrust, the Indian aerospace industry, both military and civil, is on the threshold of catapulting itself into the global arena. Domestic capability is being significantly enhanced, through extensive tie-ups, joint ventures, and technology transfers. Fundamental strength in the Indian Industry already exists, in the form of a large number of Small and Medium-sized Enterprises (SMEs), which in the past have been suppliers at the sub-component and component level, for aerospace DPSUs, HAL, DRDO, ISRO, etc. These companies are gradually transforming themselves into major players in this sector, modernizing with cutting-edge technologies to become suppliers for global aerospace companies vying to outsource products and components from India. Many global Aerospace and Defence companies and investors are looking at India as a potential low-cost manufacturing destination and showing interest in startups working in cutting edge space technologies. Meanwhile several state governments are aggressively wooing A & D funds.
India successfully test-fires enhanced Pinaka rocket made by Economic Explosives
India successfully test-fires enhanced Pinaka rocket made by Economic Explosives
Photo: India’s private industry-made enhanced Pinaka rocket system.
New Delhi: India today successfully flight tested an enhanced version of the Pinaka rocket system manufactured by a private sector industry, a key milestone in the efforts to develop self-reliance in arming the defence forces.
The enhanced Pinaka rocket, developed by Defence Research and Development Organisation(DRDO), was…
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India, Nigeria sign agreement to partner in space research
India, Nigeria sign agreement to partner in space research
Photo: India’s junior foreign minister V. Muraleedharan at a video conferencing event to sign space cooperation agreement with Nigeria today.
By Amit Agnihotri
New Delhi: India today partnered with Nigeria, the largest economy in Africa, to carry out research and development in space science, exploration of planets, ground stations and development of micro and mini satellites.
The two…
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Telangana Industries Minister KT Rama Rao has said that the state has a strong public sector undertaking and private defence manufacturing ecosystem which has seen ‘unprecedented growth’ in the last five years.