India also plans to induct an unspecified number of new-generation twin-engine, deck-based fighters and light combat aircraft, both being developed by state-owned Hindustan Aeronautics Ltd for navy
The country, situated in a region of complex security challenges, has acknowledged the critical role that drones play
The country has one of the largest defence-industrial bases in the developing world: 16 DPSUs, over 430 licensed companies, about 16,000 micro, small, and medium enterprises, and 46 DRDO labs
In the near-term, analysts believe a drop in the defence budget for financial year 2023-24, coupled with premium valuations of related stocks, could weigh on the sentiment
Rubio told the Appropriations Committee that the Trump administration is encouraging but not threatening Israel to resume humanitarian aid shipments into Gaza