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Bharat Forge inks pact with UK-based Windracers for (UAV) ULTRA

Economic Times

Economic Times · 1d ago

Bharat Forge inks pact with UK-based Windracers for (UAV) ULTRA

Bharat Forge has signed an agreement with UK-based Windracers Limited to collaborate on deploying and localizing the latter's UAV ULTRA in India. This partnership aligns with aerospace growth strategies and the UK-India Free Trade Agreement, enhancing UAV capabilities for India's defence and civil sectors. The collaboration aims to support innovation, technology transfer, and strategic applications across different terrains, addressing the Indian military and civil needs, and aligns with India's 15-year defence technology roadmap.

Related News

Gunning for growth: Inside Bharat Forge’s defence bets

Livemint

Livemint · 1y ago

Gunning for growth: Inside Bharat Forge’s defence bets

Bharat Forge, a leading auto component maker in India, has invested over ₹700 crore ($94.7 million) in designing and developing weapons, guns, armoured vehicles, and ammunition. The company aims to prove that India is capable of manufacturing its own defence equipment. With a shift in India's arms procurement strategy towards local production, Bharat Forge is primed for growth in the defence sector. The company expects its defence business to become its biggest source of revenue in the coming years. Bharat Forge has a diverse product portfolio including artillery, armoured vehicles, ammunition, missiles, and naval/marine applications.

Apple seeks Indian suppliers, begins talks with Bharat Forge for component manufacturing: Report | Mint

Livemint

Livemint · 7m ago

Apple seeks Indian suppliers, begins talks with Bharat Forge for component manufacturing: Report | Mint

Apple is reportedly in discussions with Kalyani Group's Bharat Forge to become a local supplier in India for component manufacturing. If successful, Bharat Forge would join other Indian companies like Tata Group, Motherson Group, and Aequs in supporting Apple's supply chain. This move aligns with Apple's strategy to strengthen its manufacturing base in India by cultivating more local vendors, emphasizing the growing significance of the Indian market for Apple's broader manufacturing and supply chain operations.

BEL inks pact with ISRO to boost indigenisation of defence and space production

Money Control

Money Control · 11m ago

BEL inks pact with ISRO to boost indigenisation of defence and space production

- Bharat Electronics Limited (BEL) has signed an MoU with the Space Applications Centre (SAC), ISRO to collaborate on manufacturing space-grade Travelling Wave Tube Amplifiers (TWTAs) in India. - The collaboration aims to boost indigenisation of defence and space production in India and save foreign exchange for the country. - The MoU was signed at SAC Ahmedabad and will involve the development and indigenisation of infrastructure for manufacturing TWTAs. - TWTAs are complex multi-disciplinary technologies used in satellite communication, navigation payloads, microwave remote sensing radar payloads, scientific missions, and inter-spacecraft communications links. - BEL has established a state-of-the-art fabrication and manufacturing facility for TWTAs.

Bharat 6G Alliance inks pact with Next G Alliance to explore 6G wireless tech

Livemint

Livemint · 2y ago

Bharat 6G Alliance inks pact with Next G Alliance to explore 6G wireless tech

ATIS and the Bharat 6G Alliance acknowledge that, as explained in a joint statement from the United States and India, the two countries share a vision of creating secure and trusted telecommunications, resilient supply chains and enabling global digital inclusion.

Bharat Forge re-appoints Amit Kalyani as vice chairman and joint MD

Livemint

Livemint · 1y ago

Bharat Forge re-appoints Amit Kalyani as vice chairman and joint MD

Bharat Forge Ltd has extended the tenure of Amit Kalyani as vice chairman and joint managing director for another five years, starting from 11 May 2024. The decision, made by the board of directors, is subject to shareholder approval. Amit Kalyani, who has been with the company since 1999, has played a significant role in various areas including operations, manufacturing, IT, finance, acquisitions, and diversification of the business. Bharat Forge is a leading supplier of defence-to-auto components and belongs to the Kalyani Group.

EndureAir raises $2.85 Mn led by IAN Alpha Fund

Entrackr

Entrackr · 2d ago

EndureAir raises $2.85 Mn led by IAN Alpha Fund

EndureAir raises $2.85 Mn led by IAN Alpha Fund EndureAir Systems, a deep-tech UAV (Unmanned Aerial Vehicle) and aerial robotics firm, has raised Rs 25 crore (about $2.85 million) in funding led by IAN Alpha Fund, with participation from IAN Angel Fund. The proceeds will be used to strengthen its UAV capabilities for the defense ecosystem, expand into enterprise markets, and accelerate the development of next-generation high-altitude logistics and aerial robotics platforms. Founded in 2018 by Dr. Abhishek along with his former students Rama Krishna and Chirag Jain, EndureAir designs and manufactures rugged, indigenous UAVs for logistics, defense, surveillance, and disaster response. Unlike drone assemblers, the brand develops both hardware and software fully in-house, leveraging over 15 years of rotorcraft research and backed by 8 patents in flight dynamics and autonomy. EndureAir’s UAV portfolio includes: Sabal, a heavy-lift logistics drone family (10–70 kg payloads) already inducted by the Indian Army’s Eastern Command; Vibhram, a long-endurance UAV that powered Telangana’s Medicine from the Sky vaccine delivery program; and Alakh, a nano-UAV series deployed in critical rescue missions from Chamoli cloudburst to the Turkey earthquake. It is also co-developing high-altitude logistics drones with Bharat Electronics Limited (BEL) and piloting missions in Bhutan with Druk Holding & Investments (DHI). The Noida-based startup competes with players like IdeaForge, Garuda Aerospace, and NewSpace Research.

DroneAcharya Inks Pact With Vimaan Aerospace To Offer Drone Training, Services

Inc42 · 1y ago

DroneAcharya Inks Pact With Vimaan Aerospace To Offer Drone Training, Services

DroneAcharya Aerial Innovations, a drone startup based in Pune, has partnered with Vimaan Aerospace to offer drones and drone-related services. The collaboration will focus on applications in agriculture, survey and surveillance, solar panel cleaning, windmill maintenance, and more. The partnership will begin with projects in Satara, Maharashtra, and expand nationwide. DroneAcharya recently secured a contract with the Indian Army for advanced drone training, and also received a contract from Tata Consultancy Services (TCS) for 5G-enabled drones. According to a report, the Indian drone sector is projected to reach a market size of over $13 billion by 2030.

Singapore’s CapitaLand inks pact to acquire IT park assets in Hyderabad

VCCircle

VCCircle · 1y ago

Singapore’s CapitaLand inks pact to acquire IT park assets in Hyderabad

Singapore-based real estate investor CapitaLand Investment Trust has signed a forward purchase agreement with Phoenix Group to acquire commercial IT building assets in Hyderabad's HITEC City. The acquisition includes around 2.5 million square feet of IT buildings in one of India's major IT hubs. CapitaLand continues to expand its presence in India, demonstrating confidence in the country's growing real estate market.

DPIIT inks pact with Yes Bank to support startups

Economic Times

Economic Times · 5m ago

DPIIT inks pact with Yes Bank to support startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Yes Bank to support early-stage startups by providing funding access, mentorship, and infrastructure aid. This collaboration will enhance DPIIT's Startup India initiative using Yes Bank’s financial expertise. Startups will benefit from Yes Bank's tailored solutions and industry network. DPIIT also partnered with Kyndryl Solutions to support startups in manufacturing and IT sectors, focusing on digital transformation and AI-driven innovations.

DPIIT inks pact with Apna to boost startup talent

Economic Times

Economic Times · 7m ago

DPIIT inks pact with Apna to boost startup talent

The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with professional networking platform Apna to enhance startup hiring efforts. This agreement offers government-registered startups credits worth Rs 2,000 each on Apna’s platform, facilitating job postings and access to customized talent pools. With substantial registrations on DPIIT's Bhaskar platform, the initiative aims to strengthen hiring processes, supporting an estimated initial value of Rs 140 crore, potentially reaching Rs 300 crore as startups expand.

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