Prime Minister Narendra Modi on Thursday said further liberalisation of foreign direct investment (FDI) in the space sector will push growth and innovations. Meanwhile, the industry hopes that such a move will help India expand its footprint in the global space industry.Late on Wednesday, the government had announced easing FDI norms in space sector by allowing 100 per cent overseas investment in

New Delhi: India’s nascent private space industry on Thursday welcomed the easing of FDI policy for the sector, terming it as a "pivotal move" to boost investments and help the country increase its share in the global space economy."The easing of FDI norms will have a similar impact on the space sector as the 1991 liberalisation policy had on the overall economy," Tushar Jadhav, co-founder and

Lockheed continues to pitch a proposed variant of the F-16 designated F-21 for a long-running Indian requirement for new fightersFresh from the 50th anniversary of the F-16’s first flight, Lockheed Martin sees continued strong interest in the iconic fighter as production picks up at its factory in Greenville, South Carolina.So far, six F-16 Block 70/72s have been delivered to customers from

Zen Technologies, an Indian company, has recently secured a significant order worth ₹93 crore from the Ministry of Defence (MoD) for Tactical Training Simulators. This development highlights the company’s expertise in providing cutting-edge solutions for military training and readiness. The simulators are crucial for enhancing the skills and preparedness of armed forces personnel. Congratulations

Initially, Rapid Action Battalion (RAB), Cisco Talos had referred to the Advanced Persistent Threat (APT) group as having its origins in South Asia. However, Chinese security experts are now alleging the group is of Indian originA security expert has said while many think the US poses the biggest cybersecurity threat to China, a lot of attacks come from South Asia. One India-based group

Elbit Systems, an Israeli-based company specialising in defence technology, has introduced the Hermes 650 Spark, a brand new unmanned aerial system (UAS)With its autonomous operation, wide flight envelope, high payload capacity, and NATO STANAG 4671 compliance, the Hermes 650 Spark offers flexibility and mission adaptabilityElbit Systems, an Israeli player in defence technology, has revealed a