Ministry of Defence

CRISIL predicts 20% revenue growth in FY25 for Private Defence Companies

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CRISIL predicts 20% revenue growth in FY25

CRISIL Ratings predicts a 20% revenue growth for top 25 private aerospace and defence companies in India for the fiscal year 2024-25. Moreover, the revenue may reach approximately ₹13,500 crore in addition. This growth is attributed to increased government spending and efforts to encourage private participation in the defence sector. The order book to operating Read more: CRISIL predicts 20% revenue growth in FY25 for Private Defence Companies..

MoD and SpacePixxel seals Landmark 350th iDEX contract

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iDEX Landmark 350th contract inked

Innovations for Defence Excellence(iDEX), the flagship initiative of the Ministry of Defence, signed the landmark 350th contract today. Further, the Landmark 350th iDEX contract signed today, between the Ministry of Defence and SpacePixxel Technologies Pvt Ltd. The contract was exchanged between Additional Secretary (Defence Production) & CEO, Defence Innovation Organisation (DIO) Shri Anurag Bajpai and Read more: MoD and SpacePixxel seals Landmark 350th iDEX contract..