New Delhi: India’s rapid modernisation of its armoured forces over the past decade has significantly altered the military balance in South Asia. With the induction of advanced main battle tanks, light tanks and infantry-level anti-armour systems, the Indian Army now fields a versatile and lethal armoured fleet capable of operating…
Tag: #AerospaceIndia
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Reusable Rocket Startup EtherealX Gains Momentum
EtherealX, a fast-rising Indian space technology startup positioning itself as a domestic rival to SpaceX, has recorded a sharp jump in valuation as it accelerates work on its fully reusable rocket. The Bengaluru-based company has reached a valuation of $80.5 million following a fresh funding round, marking a more than…
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CCI Clears ChrysCapital-Led Acquisition of Nash Industries
The Competition Commission of India (CCI) has granted approval for the acquisition of a stake in Nash Industries (I) Private Limited by a consortium of private equity investors led by ChrysCapital Fund X, along with Two Infinity Partners and Blue Wave Investments Limited. The regulatory clearance marks a significant development…
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Aeronautics 2047 Seminar Begins, Focus on India’s Future Air Power
The Aeronautical Development Agency (ADA) on Saturday inaugurated its two-day national seminar titled ‘Aeronautics 2047’ at the Centre for Airborne Systems (CABS) in Bengaluru, marking a significant step towards shaping India’s long-term aerospace and defence vision. The event brings together key stakeholders from the armed forces, defence research, industry, and…