Another Big Development for Andhra: Mazagon Dock Shipbuilders Ltd (MDL) to Develop Greenfield Shipyard at Dugarajapatnam

• ₹15,000 crore investment over 5–7 years; project to generate around 45,000 jobs. 
• CM Chandrababu Naidu: Andhra Pradesh will be at the forefront of India’s ambition to become one of the world’s top five shipbuilding nations by 2047

Mazagon Dock Shipbuilders Limited (MDL), a Navratna Defence PSU under the Ministry of Defence, has signed an MoU with National Shipbuilding and Heavy Industries Park-AP (NSHIP-AP) to develop a modern greenfield shipyard at Dugarajapatnam.

The MoU was signed in the presence of Chief Minister Shri N. Chandrababu Naidu by Capt. Jagmohan (Retd.), Chairman & Managing Director, MDL, and Shri Praveen Adhithya C.V., IAS, Managing Director, NSHIP-AP.

Speaking on the development, Chief Minister Chandrababu Naidu said Andhra Pradesh is committed to being at the forefront of India’s ambition to become one of the world’s top five shipbuilding nations by 2047. He said the State will leverage its long coastline, strategic location and industrial ecosystem to drive growth in the maritime sector.

“India has set an ambitious vision of becoming one of the world’s top five shipbuilding nations by 2047. Andhra Pradesh is committed to being at the forefront of this journey by leveraging its long coastline, strategic location and industrial ecosystem,” the Chief Minister said.

CM Naidu said the Dugarajapatnam shipbuilding cluster, with MDL as the Anchor Shipyard, will position Andhra Pradesh as a major shipbuilding hub and attract investments and ancillary industries to the State.

He said the project will also create large-scale employment and new opportunities in shipbuilding, marine engineering, manufacturing, logistics and other allied sectors.

The Government of Andhra Pradesh is envisaging the development of a greenfield Shipbuilding-cum-Port Cluster at Dugarajapatnam. The Techno-Economic Feasibility Report estimates the Shipbuilding and Ship Repair Yard at approximately ₹29,254 crore and the Port at ₹9,513 crore. The Port is proposed to be developed by the Government of India.

Under the MoU, MDL envisages an investment of around ₹15,000 crore over the next five to seven years, subject to the required approvals and clearances. The project is expected to generate direct and indirect employment for around 45,000 people in Andhra Pradesh.

The proposed shipyard will have a design capacity of 1.2 million Gross Tonnage per annum, with scope for further expansion based on market requirements. It will build commercial vessels including tankers, bulk carriers, container ships, LNG carriers and other large, specialised vessels.

The shipbuilding cluster is being developed under the Government of India’s Shipbuilding Development Scheme (SbDS). NSHIP-AP, a Special Purpose Vehicle jointly formed by the Andhra Pradesh Maritime Board and Visakhapatnam Port Authority, has identified MDL as the Anchor Shipyard.

Capt. Jagmohan (Retd.), Chairman & Managing Director, MDL, said Dugarajapatnam has the scale and maritime potential to develop a globally competitive shipyard. He said MDL aims to create a modern facility serving both domestic and international markets.

Mr Jasmeet Singh Bindra, Chairperson, Visakhapatnam Port Authority, said VPA, as a 50% shareholder in NSHIP-AP, is committed to the development of the shipbuilding cluster and will support coordination with the Government of India and other Central Government agencies.

Mr Kona Sasidhar, IAS, Secretary, Infrastructure & Investment, Government of Andhra Pradesh, said the selection of MDL as the Anchor Shipyard is an important milestone in the State’s maritime development. He said the project has the potential to create a major shipbuilding and ancillary ecosystem at Dugarajapatnam.

The Andhra Pradesh Maritime Board will facilitate land, infrastructure and statutory clearances required for the timely development of the project.

Tata Electronics and Nexperia Forge Semiconductor Alliance to Drive Innovation and Supply Chain Resilience

Nexperia and Tata Electronics have entered into a wide-ranging partnership covering wafer fabrication, assembly and testing, technology collaboration, and innovation. This alliance sets the stage for long-term cooperation across the semiconductor value chain, supporting both companies’ growth ambitions while advancing India’s role as a globally competitive hub.

Nexperia is a Netherlands headquartered global semiconductor company, known for producing essential components that power virtually every electronic design worldwide. It ships over 100 billion units annually and plays a critical role in automotive, industrial, consumer, and mobile applications.

Through their front‑end manufacturing collaboration, Nexperia and Tata Electronics are preparing to produce Nexperia’s MOSFET portfolio at Tata’s upcoming 300mm semiconductor Fab in Dholera, Gujarat.

Nexperia is a cornerstone of the global semiconductor industry, combining European engineering heritage with worldwide manufacturing capacity. Its partnership with Tata Electronics leverages this expertise to strengthen India’s semiconductor ecosystem.

🗣️ Leadership Perspectives

• Achim Kempe, COO, Nexperia: “This collaboration goes beyond manufacturing. By combining Nexperia’s semiconductor expertise with Tata Electronics’ expanding capabilities, we are building a long-term partnership that drives innovation, growth, and supply resilience.”
• Dr. Randhir Thakur, CEO & MD, Tata Electronics: “We are delighted to partner with Nexperia to manufacture their products at our facilities in Dholera and Jagiroad. This comprehensive partnership represents a major step in building a globally competitive semiconductor ecosystem in India.”
• Stefan Tilger, Interim CEO, Nexperia: “Our collaboration with Tata Electronics merges complementary strengths in technology, manufacturing, and innovation, reinforcing our commitment to a resilient and globally balanced network.”

Strategic Importance

• India’s Semiconductor Leap: Tata Electronics is investing USD 14 billion to establish India’s first commercial 300mm Fab in Dholera, Gujarat and an indigenous assembly and test facility in Jagiroad, Assam.
• Global Supply Chain Resilience: The alliance diversifies production and strengthens supply chain flexibility.
• EU–India Cooperation: Aligns with growing technology and trade ties between India and the European Union.

Partnership Scope Overview

Focus Area	Details	Impact
Front-end Wafer Fabrication	Production of Nexperia’s MOSFET portfolio at Dholera Fab	Anchors India’s semiconductor manufacturing
Back-end Assembly & Test	Jagiroad, Assam packaging facility	Strengthens indigenous back-end capability
Technology Development	Joint R&D and innovation initiatives	Accelerates ecosystem growth

Industry Impact

• Global Demand Alignment: Addresses rising semiconductor needs in automotive, industrial, consumer, energy, communications, and infrastructure sectors.
• India’s Positioning: Reinforces India’s emergence as a semiconductor hub within the global value chain.
• Customer Benefits: Ensures scalable production pathways and resilient supply chains for Nexperia’s global customers.

About the Companies

• Nexperia: Netherlands-based, shipping over 100 billion products annually, specializing in discrete, power, and analog semiconductors.
• Tata Electronics: Established in 2020, with operations across Gujarat, Assam, Tamil Nadu, and Karnataka, plus offices in the US, Taiwan, and Singapore.

 In summary: This $14 billion partnership combines Nexperia’s global expertise with Tata Electronics’ manufacturing ambitions, creating a resilient, innovation-driven semiconductor ecosystem in India.

BMW i7 Rolls Out of Chennai: India Joins Germany in Luxury EV Manufacturing

BMW has begun local production of its flagship i7 electric sedan at the Chennai plant, making India the only country outside Germany to manufacture the model. The locally built i7 eDrive50 xDrive M Sport is priced at ₹1.95 crore, while the performance‑focused i7 M70 xDrive remains an import at ₹2.65 crore, with deliveries starting October 2026.

With this decision of BMW elevates India from a consumption market to a manufacturing hub for high‑end EVs. In global production footprint, this mirrors BMW’s strategy in Hungary (Debrecen plant producing iX3), now extended to its most luxurious EV.

Notably, BMW faces margin pressures due to cooling demand in China and geopolitical tensions, making localized production in India a hedge against volatility.

BMW’s Strategic Leap

BMW's commenced local production of the i7 electric sedan at its Chennai plant, positioning India as the only country outside Germany to manufacture this flagship EV. This milestone underscores BMW’s confidence in India’s luxury EV market and its ambition to integrate the country into its global supply chain.

Model Lineup & Pricing

• i7 eDrive50 xDrive M Sport
  - Locally assembled in Chennai
  - 455 hp, 660 Nm torque
  - 728 km WLTP range
  - Priced at ₹1.95 crore
  
• i7 M70 xDrive
  - Imported from Germany
  - 680 hp, 1,100 Nm torque
  - 686 km WLTP range
  - 0–100 km/h in 3.8 seconds
  - Priced at ₹2.65 crore
  

Deliveries for both models begin in October 2026.

Charging & Technology

• Fast charging: DC charging up to 250 kW (10–80% in 28 minutes)
• Home charging: Complimentary 22 kW BMW Wallbox (≈6 hours full charge)
• Battery: 112.5 kWh pack with advanced thermal management

Why India Matters

• EV manufacturing hub: India’s inclusion in BMW’s global EV roadmap elevates its role beyond consumption to high‑end production
• Luxury EV market: Local assembly reduces import duties, making premium EVs more accessible
• Global footprint: Chennai joins Germany as a production site for BMW’s most advanced electric sedan

Challenges Ahead

• BMW’s move comes amid cooling demand in China and global margin pressures
• By localizing production in India, BMW hedges against volatility while competing with rivals like Mercedes EQS and Audi e‑tron GT. 

Other Luxury Cars Brands in India 

Besides BMW, several other global luxury carmakers have established local production in India, including Mercedes‑Benz, Audi, Jaguar Land Rover, and Porsche (via VW Group). These brands assemble or manufacture select models at facilities in Pune, Chennai, and other hubs to reduce import duties and expand their footprint in India’s fast‑growing premium market.

Mercedes‑BenzOperates a major plant in Chakan, Pune, and produces models like the E‑Class long wheelbase, GLC, GLE, and Maybach variants. India is one of Mercedes’ largest CKD (Completely Knocked Down) assembly markets.

Audi, as part of Škoda Auto Volkswagen India, assembles select models in Aurangabad, Maharashtra. It focus on assembling SUVs like Q3, Q5, Q7, and performance sedans.

Jaguar Land Rover (JLR) operates a plant in Pune. It produces models such as the Discovery Sport and Range Rover Evoque for the Indian market.

Porsche (via VW Group) imports most of the Porsche cars' models, though VW Group’s India operations in Aurangabad, Maharashtra, do support assembly of its select premium models.

Škoda & Volkswagen operate plants in Aurangabad and Pune, producing premium sedans and SUVs.Brands under the group include Škoda, Volkswagen, Audi, Bentley, Lamborghini, Porsche.

Editorial Takeaway

BMW’s Chennai production of the i7 is more than a manufacturing milestone — it’s a statement of intent. India is no longer just a market for luxury EVs; it is now a strategic production hub shaping the future of premium electric mobility.

Local assembly reduces import duties, making premium EVs more accessible to Indian buyers.

BMW’s move to produce the i7 in Chennai is both symbolic and strategic: it cements India’s place in the global EV map, offers Indian buyers cutting‑edge luxury mobility at competitive pricing, and strengthens BMW’s resilience against global market uncertainties.

India’s luxury EV market is heating up with rivals like Mercedes EQS and Audi e‑tron GT, positioning the i7 as a direct competitor

Boost to Atmanirbhar Bharat: Adani Defence to Manufacture AK-203 Ammunition

Adani Defence & Aerospace has signed a five-year agreement with Indo-Russian Rifles Private Limited (IRRPL) to supply indigenously manufactured 7.62×39 mm ammunition for AK-203 assault rifles, marking a major boost to India’s Atmanirbhar Bharat defence initiative. The pact integrates rifle production and ammunition supply under one domestic framework, strengthening India’s self-reliance in small arms.

Key Highlights of the Agreement

• Parties involved: Adani Defence & Aerospace and Indo-Russian Rifles Private Limited (IRRPL)
• Duration: Five years
• Scope: Supply of 7.62×39 mm ammunition for AK-203 rifles
• Facility: Adani’s Kanpur plant will manufacture the ammunition
• Integration: Links IRRPL’s rifle production at Korwa, Amethi, with Adani’s ammunition supply

Background on the AK-203 Programme

• Origin: AK-203 is part of the Kalashnikov family, combining Russian design with Indian manufacturing
• Contract: In December 2021, India’s Ministry of Defence signed a contract for 6,01,427 rifles
• Production: IRRPL has delivered around 70,000 rifles from its Korwa factory
• Indigenisation milestone: The first 100% Indian-made AK-203 rifle, named “Sher”, was successfully test-fired

Strategic Significance

• Self-reliance: Reduces dependence on imported ammunition
• Economic impact: Supports India’s ₹5,124 crore rifle localisation programme
• Defence ecosystem: Strengthens private-sector participation
• Operational readiness: Guarantees steady ammunition availability

Challenges & Considerations

• Undisclosed contract value: Financial details remain confidential
• Execution risks: Timely delivery and quality assurance are critical
• Geopolitical sensitivity: Must navigate Indo-Russian defence dynamics

Quick Comparison: Rifle vs Ammunition Roles

AK-203 Rifle	Ammunition Supply
Manufactured by IRRPL at Korwa, Amethi	Manufactured by Adani Defence at Kanpur
Contract for 6,01,427 rifles	Five-year supply pact (volumes undisclosed)
Based on Kalashnikov design	7.62×39 mm calibre rounds
Delivered ~70,000 rifles so far	Ensures continuity of supply for contract period

Raymond to Build ₹510 Crore Aerospace Hub in Andhra Pradesh, Expanding Global Aero-Engine Capabilities

• Raymond is building capabilities to participate in the next phase of global aerospace manufacturing.
• ₹510 crore aerospace facility under development in Andhra Pradesh

Raymond Limited, the flagship company of the Raymond Group is looking to deepen its participation in the Aerospace business, building on more than two decades of relationships with global OEMs and Tier-1 suppliers and a growing portfolio of high-precision aero-engine components and assemblies.

India is at an inflection point in aerospace manufacturing. As aircraft demand rises and global aerospace companies look to build more resilient and diversified sourcing networks, Indian manufacturers are finding a larger role within an industry traditionally dominated by established global supply bases.

The opportunity is visible in the increasing scale of global aerospace sourcing from India. Airbus currently sources more than US$1.5 billion annually from the country, while Boeing's annual sourcing from India has crossed US$1.25 billion. Yet India's share of the global aerospace supply chain remains relatively small, leaving considerable room for Indian engineering companies to take on more complex and higher-value work.

Mr. Gautam Maini, Managing Director – Engineering Business, Raymond Limited, said, “Aerospace rewards consistency over the long term. Customer relationships are built through qualification, performance and the ability to deliver the same level of quality every time. We are seeing customers increasingly look for partners who can handle not only individual components but also more integrated requirements. Our ambition is clear to build from India, meet global aerospace standards and become a more meaningful part of the supply chains that will shape the next generation of aviation.”

For Raymond engineering arm, this journey is already well underway. Through JK Maini Global Aerospace Limited (JKMGAL), the Company has developed more than 1,300 aero-engine parts, including over 350 components for the latest LEAP engine variants. The business has relationships spanning more than two decades with leading aerospace OEMs and Tier-1 suppliers and serves more than 25 global aerospace component manufacturing customers, several through relationships spanning more than two decades, and has expanded into new geographies including the UK, Belgium and Sweden. More than 75% of its operations are derived from complex aero-engine parts.

The business added more than 100 new SKUs during FY2025–26 and has an order book of over ₹2,350 crore for the next five years, providing visibility for continued expansion.

The Company's aerospace portfolio spans turbine vanes and stator blades, engine mounts and brackets, fuel-system components and complex machined engine parts. It is also expanding into assemblies and other higher-value applications, allowing Raymond to participate in a broader part of the manufacturing process rather than limiting its role to individual components.

With global aerospace manufacturers increasing their engagement with Indian suppliers, Raymond sees an opportunity to build on its existing customer relationships, expand its manufacturing footprint and take on a greater share of the work that goes into aircraft engines and systems around the world.

About Raymond Limited

With the inception in 1925, Raymond Group has been a pioneer and leader in fabric manufacturing and then forayed in other sectors such as engineering and Real Estate. After demerging its Lifestyle Business and Real Estate verticals into independent entities, Raymond Limited now has two core businesses within the Engineering vertical - Tools & Auto Components and Aerospace and Defence. Raymond’s engineering business commands a leadership position in manufacturing files and hand tools and has a significant presence in national and international markets. With the acquisition of Maini Precision Products Limited (MPP) Raymond’s engineering business has forayed into the sunrise sectors of Aerospace and Defence. EV components and caters to international as well as domestic markets.

To know more, visit us today at www.raymond.in

Finland’s SpaceTech Firm ICEYE Launches Indian Subsidiary to Deliver Sovereign SAR Intelligence and Boost Local Satellite Manufacturing

Finnish space technology company, ICEYE, has formally established its Indian subsidiary, ICEYE India, headquartered in New Delhi, to provide sovereign Synthetic Aperture Radar (SAR) intelligence and build local satellite manufacturing capabilities. This move directly supports India’s defence, surveillance, and Aatmanirbhar Bharat goals.

SAR can penetrate clouds, fog, and darkness, unlike optical satellites and delivers imagery as fine as 25 cm to 16 cm, supporting defence and disaster response. A "Sovereign SAR" means that the governments can own and operate SAR constellations for independent surveillance. ICEYE offers sovereign SAR systems to governments, enabling them to operate independent constellations

Best known for operating the world’s largest constellation of Synthetic Aperture Radar (SAR) satellites, ICEYE pioneered miniaturized SAR satellites under 100 kg, making radar imaging more cost-effective and scalable.

Key Highlights of ICEYE India

• Subsidiary launch date: August 24, 2026
• Location: New Delhi, India
• Immediate priority: Supporting India’s defence and intelligence customers with advanced SAR-based intelligence solutions
• Strategic alignment: Strengthens India’s sovereign intelligence capability and aligns with Aatmanirbhar Bharat
• CEO statement: Rafal Modrzewski emphasized “real engineering and manufacturing capability on the ground” in collaboration with government and local partners

Why SAR Technology Matters

• All-weather capability: Unlike optical satellites, SAR can capture imagery day or night, through clouds and vegetation
• Applications: Defence surveillance, environmental monitoring, disaster management, and insurance risk assessment
• Resolution: ICEYE’s SAR satellites deliver imagery with resolutions as fine as 16 cm, enabling persistent situational awareness

Strategic Importance for India

• Defence & Intelligence: Enhances India’s ability to monitor adversarial activity and secure borders
• Domestic Manufacturing: ICEYE India will build local production capacity, sourcing components from Indian suppliers and employing local engineering talent
• FDI Policy Fit: India allows up to 74% automatic foreign direct investment (FDI) in satellite manufacturing, facilitating ICEYE’s entry
• Global Context: ICEYE has supplied sovereign SAR systems to countries like Poland and tactical imagery to Ukraine, showcasing its credibility in defence partnerships

Risks & Considerations

• Technology Transfer: Success depends on how much ICEYE shares proprietary SAR technology with Indian partners
• Geopolitical Sensitivity: SAR intelligence is critical for military operations; balancing foreign ownership with sovereignty will be closely watched
• Competition: India’s own space ecosystem (ISRO, private startups) may compete or collaborate with ICEYE India

Quick Comparison: SAR vs Optical Satellites

SAR Satellites	Optical Satellites
Operate day/night, all weather	Limited by daylight & clear skies
Penetrates clouds & vegetation	Blocked by clouds, fog, or smoke
High revisit frequency	Lower revisit frequency
Useful for defence & disaster monitoring	Useful for mapping & visual imagery

About ICEYE 

Founded in 2014, by Rafał Modrzewski (CEO) and Pekka Laurila (CSO), ICEYE is headquartered in Espoo, Finland, with offices in Poland, Spain, Germany, UK, US, Greece, Japan, UAE, and Australia.

In 2019, ICEYE was recognized with the Finnish Engineering Award (2019) for breakthroughs in SAR miniaturization.

ICEYE sold SAR satellites to Brazil’s Air Force on 2020 and provided tactical imagery to Ukraine during the 2022 war. ICEYE signed a €200 million deal with Poland in 2025 for radar satellites and ground infrastructure.

ICEYE has positioned itself as a critical player in global defence and disaster intelligence, with its SAR constellation offering unmatched revisit times and imaging quality.

Saatvik Solar Signs an MoU with the Odisha Govt to Establish a 3.6 GW Solar Cell Manufacturing Facility at Gopalpur, Ganjam

Cell & Module Manufacturing Plant Odisha, SGEL

Saatvik Solar Industries Private Limited has signed a Memorandum of Understanding (MoU) with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), Government of Odisha, for setting up a 3.6 GW Solar Cell Manufacturing Facility at Gopalpur in Ganjam district, Odisha.

The proposed facility marks an important step in Saatvik Solar’s plans to further expand its manufacturing capabilities in Odisha and contribute to the development of the state’s renewable energy manufacturing ecosystem. The project is also expected to create employment opportunities and support the development of the wider industrial ecosystem in the region.

The new facility will form part of Saatvik Solar’s broader manufacturing development at Gopalpur, where the company is already progressing with its Phase I integrated manufacturing facility. Phase I has achieved key construction and installation milestones and is now advancing towards commissioning. Tool installation is progressing well, with ramp-up set to commence shortly marking a significant step towards operational readiness.

Gopalpur Manufacturing Development Progresses Towards Commissioning

Saatvik Solar’s Phase I manufacturing facility at Gopalpur has made substantial progress, with major construction and infrastructure works completed and equipment installation and testing activities advancing across the facility.

Cell & Module Manufacturing Plant Odisha, SGEL

The company has also completed key power infrastructure milestones, with the dedicated 220 kV substation ready for charging. Manufacturing lines are progressing through the final stages of installation, testing, validation and process readiness, with the company moving towards the next stage of operations.

The cell line is on track for ramp-up shortly, marking a key step towards operational readiness, with the ALMM-II inspection planned for September—bringing the facility closer to full-scale commercialisation.

Commenting on the milestone, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited said, “Odisha is more than a manufacturing milestone for Saatvik; it is a statement of our ambition. As our 2.4 GW cell and 4 GW module manufacturing lines move towards production, we are taking a decisive step towards building scale, strengthening integration and creating the foundation for our next phase of robust growth. India’s clean energy opportunity is enormous, and we intend to play a defining role in it. Our ambition is to build manufacturing capabilities that are globally competitive, technologically advanced and deeply aligned with India’s journey towards energy security and self-reliance. Building on the momentum of Phase I, we are advancing plans for a further 3.6 GW Phase II expansion at Gopalpur, which will significantly scale our integrated manufacturing footprint and strengthen our ability to meet the growing demand for domestically manufactured solar products. With Phase II targeted for commercial production by FY28, we are preparing for the next leap in scale. The future we see is one where India is not only a major consumer of clean energy, but a global manufacturing powerhouse for it. Saatvik is determined to help build that future by investing in capacity, technology and excellence today and creating a stronger, more resilient and more sustainable energy ecosystem for tomorrow.”

Alongside the progress of Phase I, Saatvik Solar is advancing plans for the next phase of development at Gopalpur, which will further scale its integrated manufacturing capabilities. The Phase II 3.6 GW cell capacity expansion is being planned to support the growing demand for domestically manufactured solar products and deepen the company’s presence across the solar value chain.

The company’s phased development at Gopalpur reflects its long-term approach towards building an integrated and technologically advanced solar manufacturing ecosystem, with a focus on scale, operational excellence, quality and supply chain resilience.

ECMS Boosts India’s Electronics Manufacturing: 106 Projects Approved, ₹69,548 Crore Investment

India’s journey towards electronics self-reliance has gained significant momentum with the Electronics Component Manufacturing Scheme (ECMS), which is driving domestic production of critical components and raw materials.

Following the earlier clearance of 75 applications with investments totaling ₹61,671 crore, the Ministry of Electronics and Information Technology (MeitY) has now sanctioned an additional 31 proposals under the Electronics Components Manufacturing Scheme (ECMS), representing a projected investment of ₹6,844 crore.

The approval ceremony, held in New Delhi in collaboration with the Electronic Industries Association of India (ELCINA), was graced by Union Minister for Electronics and IT Shri Ashwini Vaishnaw, Minister of State Shri Jitin Prasada, MeitY Secretary Shri S. Krishnan, Joint Secretary Shri Sushil Pal, and ELCINA President Shri Sasikumar Gendham.

Expanding Manufacturing Capacity

• 38 plants operational
• 16 projects in advanced construction stages
• Domestic production exceeds demand in key categories:
  • Anode material (~110%)
  • Optical Transceiver-SFP (350%)
  • Relays (200%)

Employment and Economic Impact

• 74,628 direct jobs expected
• 2.5 lakh indirect jobs across 15 states
• Latest 31 approvals will create 9,588 direct jobs
• Additional ₹1,033 crore investment by Wipro for copper-clad laminates

Product Coverage

Category	Products
Sub-assemblies	Camera Module, Display Module, Optical Transceiver-SFP
Components	Connectors, Relays, Transducers, Filters, Capacitors, Coils, Antennas, Enclosures, Speakers & Microphones, Metal Shielding Covers
Supply Chain Products	Anode Material, Rare Earth Permanent Magnets, Acetylene Black, Electrolyte Additives, Metallized Films for Capacitors, Hermetic Terminals
Capital Goods	CNC Machines, Precision Instruments, Automation Systems

Geographic Spread

• Projects distributed across 10 states: Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand

Strategic Significance

ECMS is a cornerstone of India’s Atmanirbhar Bharat vision, ensuring the country develops a deep-rooted electronics ecosystem. By fostering domestic production of critical components and raw materials, India is positioning itself as a global electronics manufacturing hub.

The Electronic Industries Association of India (ELCINA), established in 1967, continues to play a key role in facilitating industry-government collaboration under this scheme.

Key Takeaways

• 106 projects approved under ECMS with ₹69,548 crore investment
• 38 plants operational, 16 nearing completion
• 74,628 direct jobs

VIHAAN: India’s Homegrown Broadband Chip Tapes Out for 2027 Production

VIHAAN Chip (Image ~ www.aheesa.com) 

Chennai-based Aheesa Digital Innovations has achieved first-pass silicon success with its indigenous broadband networking chip ‘VIHAAN’, built using India’s VEGA microprocessor. The milestone, backed by the Design Linked Incentive (DLI) Scheme, positions VIHAAN for production tape-out in 2027 and strengthens India’s domestic semiconductor ecosystem.

The Design Linked Incentive (DLI) Scheme is empowering Indian startups to design semiconductors for diverse strategic and commercial uses. Applications span satellite communications, drones, surveillance systems, defence and aerospace platforms, automotive electronics, IoT devices, LED drivers, AI solutions, telecom infrastructure, and smart meters.

Aheesa Digital Innovations, an Indian fabless semiconductor startup, develops chips for broadband networking and security. Its flagship SoC ‘VIHAAN’, purpose‑built for fibre broadband, was taped out on Republic Day and achieved first‑pass silicon success on Independence Day 2026. The chip now advances toward production tape‑out, targeted for 2027.

Key Highlights

• Startup: Aheesa Digital Innovations (Chennai-based, fabless semiconductor firm)
• Chip: VIHAAN – broadband networking System-on-Chip (SoC)
• Processor Core: Built on VEGA microprocessor (RISC-V architecture, developed by C-DAC under MeitY)
• Milestone: Taped out on Republic Day 2026, achieved first-pass silicon success on Independence Day 2026
• Target: Production tape-out scheduled for 2027
• Funding: Raised ₹40 crore earlier in 2026 from TNIFMC via TNESSF and private investors
• Applications: Designed for fiber broadband networks, enabling last-mile connectivity for homes and offices

Technical & Strategic Significance

Feature	Details
Architecture	RISC-V based VEGA processor core
Process Node	28nm broadband networking SoC
Functions	Integrates compute, broadband access, and system control
Target Use	Optical fiber access networks, telecom operators
Strategic Value	Reduces reliance on foreign chip designs; supports Atmanirbhar Bharat goals
Ecosystem Impact	Part of >30 chip tape-outs under DLI Scheme; contributes to India’s $100M+ VC-backed semiconductor design growth

Broader Context

• DLI Scheme Impact: Over 30 chip design tape-outs achieved across foundries; startups raised $100M+ venture capital
• Government Support: Chip-design tools provided to 455 organizations (350 academic institutions + 105 startups)
• C2S Programme: 245 chip designs taped out by 71 academic institutions, building skilled manpower for India’s semiconductor future

Challenges & Trade-offs

• Production Timeline: Commercial rollout only expected post-2027, leaving a gap before market adoption
• Global Competition: Competing against established players (ARM, Intel, Broadcom) with mature ecosystems
• Scaling Risks: Transition from prototype to mass production requires robust fabrication partnerships and supply chain resilience

Takeaway

The VIHAAN chip marks a strategic leap for India’s semiconductor ambitions. By combining indigenous design (VEGA) with government-backed funding (DLI Scheme), Aheesa Digital Innovations is helping India reduce dependence on foreign chipmakers and strengthen its digital infrastructure for broadband and 5G expansion.

India’s eVTOL Leap: Sarla Aviation Achieves DOA Milestone to Build Air Taxis

Bengaluru-based Sarla Aviation has announced that it has secured Design Organisation Approval (DOA) from India’s aviation regulator DGCA. This marks a historic milestone for indigenous electric air taxis and enabling the company to move toward type certification and commercial production.

Achieved in just 3 years, the design approval is said to be the fastest DOA approval in Indian aviation history. The DOA validates the Sarla Aviation's Shunya eVTOL prototype as a credible path toward certification and move from prototypes to certified aircraft, opening doors for commercial eVTOL operations.

The Shunya eVTOL prototype is Sarla Aviation’s flagship six‑seater electric air taxi, designed for short urban trips of 20–30 km at speeds up to 250 km/h, with a payload capacity of around 680 kg—making it India’s highest‑payload eVTOL concept.

Design Organisation Approval (DOA) is the first and most critical regulatory recognition that an aerospace company must secure before it can design, certify, and eventually manufacture aircraft in India. The DGCA approval authorizes Sarla Aviation to take full responsibility for design, testing, and compliance with DGCA safety standards. Equivalent to approvals granted by EASA (Europe) or FAA (US), the DOA aligns India’s aerospace ecosystem with international norms.

Key Highlights

Sarla Aviation is a Bengaluru‑based aerospace startup founded in October 2023 by Adrian Schmidt (CEO), Rakesh Gaonkar (CTO), and later joined by Shivam Chauhan. The company develops indigenous eVTOL aircraft for urban air mobility and has attracted high‑profile investors including Accel, Flipkart co‑founder Binny Bansal, Zerodha co‑founder Nikhil Kamath, and Swiggy co‑founder Sriharsha Majety. 

• Approval Granted: DGCA Design Organisation Approval (DOA) under CAR 21 Subpart J
• Date & Venue: August 8, 2026, at Sarla Aviation’s new headquarters in Bengaluru
• Presented By: Union Civil Aviation Minister K. Rammohan Naidu, alongside Karnataka minister Rizwan Arshad
• Company Age: Just 3 years old, making this the fastest DOA approval in Indian aviation history. 

The name “Sarla Aviation” carries a symbolic tribute to Sarla Thakral, who became India’s first licensed woman pilot in 1936 at the age of 21.

Aircraft & Technology

• Prototype: Shunya, India’s first full-scale indigenous eVTOL (electric vertical take-off and landing) aircraft
• Flight Testing: Over 500 flight tests and 18 hours of flight time completed with half-scale demonstrator Sylla
• Next Milestone: Transition flight with the new prototype expected in January 2027

Strategic Partnerships

• Manipal Hospitals & Aeromed Air Ambulance (medical air mobility)
• Prestige Group (real estate integration for vertiports)
• Jio-bp (energy infrastructure)
• Jeppesen ForeFlight (navigation systems)
• Hexcel Composites & Tata Elxsi (materials and engineering support)

Strategic Impact

Factor	Details
Indigenous Aerospace	First Indian startup to achieve DOA this quickly
Urban Mobility	Paves way for electric air taxis in Indian cities
Government Backing	Strong support under Atmanirbhar Bharat vision
Market Outlook	Minister Naidu expects ecosystem to flourish within 2 years

Challenges & Risks

• Certification Path: DOA is only the first step; full type certification is still required
• Infrastructure Needs: Vertiports, charging networks, and pilot training facilities must scale rapidly
• Accessibility: Government insists eVTOLs must serve all regions, not just metros

Sarla Aviation blends global eVTOL expertise with local Indian innovation, aiming to make air taxis affordable for mass mobility. Its founders’ Lilium background ensures technical credibility, while its investors provide strong financial and entrepreneurial backing.

Introduced in September 2024, DGCA’s new eVTOL framework is creating India’s first dedicated certification pathway for VTOL aircraft. Sarla Aviation became the first company approved under this framework, setting precedent for others.

India’s air taxi sector is accelerating: the DGCA has already granted multiple design approvals, with Sarla Aviation leading the charge, and the government targets commercial eVTOL services by 2028 in cities like Bengaluru, Mumbai, and Delhi.

Earlier this month, Air India, Japan's SkyDrive and Suzuki announced partnership to explore eVTOL medical logistics in India, aiming to revolutionize emergency healthcare transport.

Besides Sarla Aviation, India’s air taxi ecosystem includes startups like Autosync Aviation (Bengaluru), The ePlane Company (Chennai, IIT‑Madras incubated), and InterGlobe–Archer’s partnership for the Midnight eVTOL, all aiming for commercial rollout by 2027–28.

TDB Backs Griva Health to Boost India’s Indigenous Medtech Manufacturing in Cervical Cancer Screening

The Technology Development Board (TDB) under India’s Department of Science & Technology (DST) has partnered with Visakhapatnam-based Griva Healthcare Pvt. Ltd. to commercialize GrivaVision, an AI-powered portable colposcope designed for early detection of cervical pre-cancerous lesions.

Founded in 2025, by Nidun Jacob and Parvathi Radhakrishnan, Griva Healthcare will establish manufacturing in Kollam, Kerala, strengthening India’s domestic medtech ecosystem.

Company Overview: Griva Healthcare Pvt. Ltd.

• Founded: January 2025
• Founders/Directors: Nidun Jacob, Parvathi Radhakrishnan
• Headquarters: Visakhapatnam, Andhra Pradesh, India
• R&D Base: AIC-AMTZ Medivalley, Visakhapatnam
• Upcoming Manufacturing Hub: Kollam, Kerala
• Capital Structure: Authorized capital ₹1 lakh; paid-up capital ₹1 lakh
• Status: Active, unlisted private limited company

Technology: GrivaVision

• Device Type: Portable digital colposcope with AI-assisted capabilities
• Classification: Class B non-invasive medical device; CDSCO Class B manufacturing licence
• Standards: ISO 13485 compliant; WHO-approved Automated Visual Evaluation (AVE) standards; ABDM-compliant software
• Features: High-definition camera, in-built display, user-friendly interface, advanced optics, proprietary AI-enabled diagnostic software
• Patent: Hardware architecture patented in India by Griva Healthcare
• Localization: Over 50% of components sourced indigenously

The device is designated as a Class B non-invasive medical instrument and holds a CDSCO Class B manufacturing licence. It is being developed under ISO 13485 quality standards, ensuring compliance with international benchmarks for medical devices.

Griva Healthcare has secured a patent in India for its proprietary hardware architecture, reinforcing its innovation credentials. Currently, the company is conducting R&D at AIC-AMTZ Medivalley in Visakhapatnam, with support from TDB enabling the transition to commercial-scale manufacturing at its upcoming facility in Kollam, Kerala.

A defining aspect of the initiative is its emphasis on indigenous development and localization. More than 50% of the components are sourced domestically, underscoring India’s growing medtech capabilities. Scaling commercialization is expected to strengthen the national medical device value chain and deliver a cost-effective Indian alternative for cervical cancer diagnostics, reducing reliance on imported technologies.

Image – YouTube/GrivaHealth

Strategic Significance

• Healthcare Impact: Enables early detection of cervical pre-cancerous lesions
• Accessibility: Designed for primary and community healthcare settings
• Policy Alignment: Supports India’s self-reliance in medical technologies
• Digital Integration: ABDM-compliant software ensures compatibility with India’s digital health ecosystem
• Economic Impact: Strengthens domestic medical device value chain

Leadership & Government Statements

• Rajesh Kumar Pathak, Secretary, TDB: “Early detection can make a decisive difference in addressing cervical cancer. Indigenous technologies such as GrivaVision demonstrate how medical devices, digital health and artificial intelligence can come together to address a critical healthcare need at scale.”
• Griva Healthcare Leadership: Expressed gratitude for TDB’s support, noting that the assistance will enable transition from R&D to commercial-scale manufacturing and expand access to AI-assisted cervical cancer screening.

Quick Reference Table

Aspect	Details
Founders	Nidun Jacob, Parvathi Radhakrishnan
HQ	Visakhapatnam, Andhra Pradesh
Manufacturing	Kollam, Kerala
Device	AI-powered portable colposcope
Standards	ISO 13485, WHO AVE, ABDM-compliant
Classification	CDSCO Class B
Patent	Proprietary hardware architecture
Localization	>50% components sourced indigenously

India’s SDHI to Build Four Next‑Gen TRAnsverse 3200 Tugs for Denmark’s Svitzer

Svitzer Barrington TRAnsverse 3200 - Newcastle (Photo credit - Svitzer) 

Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy engineering company, has secured a contract from Denmark-based towage operator Svitzer A/S to construct four advanced TRAnsverse 3200 tugs. Deliveries for the order are scheduled to commence in early 2028.

The contract follows an extensive competitive evaluation of leading global shipyards. The high-specification vessels will be constructed to Bureau Veritas class.

Co-developed by naval architects Robert Allan Ltd. and Svitzer, the patented TRAnsverse 3200 design is engineered for complex harbour towage and escort operations. Featuring a unique hydrodynamic hull design and omni-directional propulsion, the vessels are capable of safely guiding large ships through severe weather and restricted port channels. Delivering an 80-tonne bollard pull, the TRAnsverse design is up to 15% more fuel efficient than conventional tug designs, directly supporting global maritime decarbonization goals.

Commenting on the development, Rear Admiral Vipin Kumar Saxena IN (retd.), CEO, Swan Defence and Heavy Industries Limited (SDHI), said: "It is indeed a notable achievement for SDHI to construct one of the world's most sophisticated towage vessels. Svitzer's rigorous evaluation process reaffirms the strength of our engineering capabilities in the niche, high-specification vessel segment. Winning our fourth consecutive export contract also reflects the growing confidence of global category leaders in SDHI's ability to deliver to the highest international standards. As we continue to expand our capabilities, we remain focused on strengthening India's position as a globally competitive shipbuilding destination.”

Commenting on the partnership with SDHI, Mr. Kasper Friis Nilaus, CEO, Svitzer said:
“Svitzer’s TRAnsverse tug design offers significant benefits to customers in terms of releasing operational constraints and improving port productivity, sustainability and safety margins. We are pleased to partner with SDHI to deliver four of these next-generation vessels to the benefit of our customers and maritime supply chains globally.”

“The contract also reflects our continued investment in the Indian maritime sector, highlighting our ongoing commitment to the Government of India's Maritime India Vision 2030, Make in India, and Atmanirbhar Bharat initiatives,” Mr. Nilaus said.

The Transverse 3200 tugs will be biofuel, IMO Tier III emissions standards, and FiFi1 firefighting class ready, reflecting the vessels' capability for reduced environmental impact and enhanced fire-response readiness in port and terminal operations.

Copenhagen-headquartered Svitzer operates a fleet of over 500 vessels worldwide. This order is a part of Svitzer's long-term fleet renewal programme, aimed at deploying next-generation, high-efficiency vessels to optimize port and terminal operations globally.

The vessels will be built at SDHI’s yard in Pipavav, Gujarat, adjacent to the port where Svitzer also has a harbour towage operation.

Reference for Order Classification

Classification	Category 1	Category 2	Category 3	Category 4	Category 5
Order Value in Rs. Crore	0 to 250	251 to 750	751 to 1500	1501 to 3000	Above 3000

About Swan Defence and Heavy Industries Limited (SDHI)

Swan Defence and Heavy Industries Limited (SDHI), formerly known as Reliance Naval and Engineering Limited, is a leading shipbuilding and heavy fabrication company in India. Strategically located on the west coast of India, the shipyard operates the country’s largest dry dock (662m x 65m) and has an impressive fabrication capacity of 164,000 tons per annum – providing an unmatched advantage in fulfilling India’s maritime and industrial ambitions. SDHI is committed to innovation, excellence, safety, and sustainability.

Website: www.sdhi.co.in

Mahindra Launches Novavayu Aerospace to Drive Indigenous Aircraft and Defence Manufacturing in India’s Expanding Aerospace Sector

Mahindra Group has officially launched Novavayu Aerospace Ltd (NAL), a new wholly-owned subsidiary under Mahindra Defence Systems, to manufacture aircraft and defence equipment. Headquartered in Mumbai, the company begins with an authorized capital of ₹1 crore and marks Mahindra’s strategic entry into aerospace manufacturing.

Mahindra & Mahindra has issued an official regulatory filing confirming the incorporation of Novavayu Aerospace Limited (NAL) on July 29, 2026, with the Certificate of Incorporation received on July 30, 2026. The announcement was made to the National Stock Exchange (NSE), BSE, and also notified to international exchanges.

"NAL is incorporated as a wholly-owned subsidiary of Mahindra Defence Systems Ltd. MDSL is a wholly-owned subsidiary of Mahindra Advanced Technologies Ltd, which in turn is a wholly-owned subsidiary of the company. Accordingly, NAL is a step-down subsidiary of the company," M&M Ltd said in a regulatory filing.

Key Highlights of Novavayu Aerospace

• Subsidiary Structure: NAL is a step-down subsidiary of Mahindra & Mahindra, incorporated under Mahindra Defence Systems Ltd (MDSL), which itself is owned by Mahindra Advanced Technologies Ltd (MATL).
• Capital & Ownership: Authorized capital of ₹1 crore (10 lakh equity shares of ₹10 each), fully owned by Mahindra Defence Systems.
• Focus Areas: Aircraft manufacturing, aerospace products and components, defence-related systems and services.
• Strategic Intent: Expands Mahindra’s defence portfolio beyond armored vehicles, naval systems, and surveillance technology, aligned with Atmanirbhar Bharat and Make in India initiatives.

Implications for India’s Defence & Aerospace

• Strengthening Domestic Capability: Supports India’s push for indigenous aerospace manufacturing, reducing reliance on imports.
• Potential Partnerships: Mahindra could collaborate with global OEMs or Indian defence agencies.
• Investor Watchpoints: Future announcements on manufacturing facilities, R&D investments, and defence contracts will be critical.
• Revenue Lag: Aerospace ventures often take years before generating significant revenue.

Quick Comparison: Mahindra’s Defence Portfolio

Business Unit	Focus Area	Recent Expansion
Armored Vehicles	Mobility solutions for armed forces	Long-standing expertise
Naval Systems	Submarine & ship technologies	Surveillance integration
Surveillance Tech	Border & homeland security	Advanced sensors
Novavayu Aerospace	Aircraft & aerospace manufacturing	New strategic entry

Risks & Challenges

• High Capital Needs: Aerospace manufacturing requires billions in long-term investment, far beyond the initial ₹1 crore.
• Regulatory Barriers: Defence contracts demand strict compliance and testing.
• Global Competition: Competing with established players like Boeing, Airbus, and HAL will be challenging.
• Revenue Lag: Aerospace ventures often take years before generating significant revenue.

Several companies have recently debuted in aircraft and aerospace manufacturing, signaling a major global shift toward indigenous production, sustainability, and advanced mobility. Notable entrants include Tata-Airbus in India, COMAC in China, and startups like Heart Aerospace and ZeroAvia in Europe and the U.S.

Earlier, Adani Group has partnered with Brazilian aerospace major Embraer to set up a regional jet assembly line in India. The facility is planned at Dholera Special Investment Region (SIR), Gujarat.The Focus will be on assembling of E2 series regional jets, catering to India’s growing demand for short‑haul connectivity.

In India, the other recent debuts in aircraft manufacturing include Tata Advanced Systems’ Airbus C295 Final Assembly Line in Vadodara (2024), HAL’s new Light Combat Helicopter production line at Tumakuru (2026), and Mahindra’s launch of Novavayu Aerospace (2026). These mark India’s strongest private‑sector and state‑sector expansions in aerospace.

Godrej Tooling Drives India’s Localised Automotive Future with Precision Engineering Excellence

As India's automotive industry advances towards greater localisation, next-generation mobility platforms, and increasingly sophisticated manufacturing processes, Godrej Enterprises Group's Tooling business is strengthening its advanced engineering and manufacturing capabilities to support the evolving requirements of OEMs and Tier-1 suppliers. With over 85% of its business linked to the automotive sector, the company partners with customers across passenger vehicles, two-wheelers, commercial vehicles, and electric vehicle platforms through high-precision tooling solutions. Today, 95% of the tooling supplied to automotive customers is manufactured locally, reflecting the growing capabilities of India's domestic tooling ecosystem.

Government initiatives such as Make in India and Production Linked Incentive (PLI) schemes, coupled with a growing emphasis on supply chain resilience, are encouraging manufacturers to increase local sourcing and reduce dependence on imports. Godrej Enterprises Group's Tooling business supports customers through a wide range of solutions, including press tools, die-casting dies, and precision tooling systems, helping manufacturers achieve high levels of productivity, quality, and operational efficiency. Beyond automotive, the business also caters to sectors such as industrial machinery, railways, metro rail, and defence manufacturing, contributing to India's broader manufacturing ecosystem.

Mr. Pankaj Abhyankar, Business Head – Tooling, Godrej Enterprises Group, said, "India's automotive industry is evolving rapidly, driven by localisation, changing mobility technologies, and the need for greater manufacturing agility. As vehicle architectures become more advanced, tooling is playing an increasingly important role in enabling precision, productivity, quality, and faster product development cycles. Our focus remains on building advanced engineering and manufacturing capabilities that help customers meet these evolving requirements while supporting India's manufacturing ambitions."

To address emerging industry needs, the business is expanding its adoption of advanced technologies including digital simulations, additive manufacturing, IoT-enabled monitoring systems, and large-tonnage die capabilities. The company is also leveraging specialised manufacturing technologies such as vacuum-assisted systems, thermo-regulation technologies, squeeze casting, and conformal cooling solutions to meet evolving performance, productivity, and quality requirements.

The Indian tooling industry is expected to witness steady growth over the coming years, driven by investments in automotive manufacturing, electric mobility, infrastructure development, and defence production. As manufacturers continue to localise supply chains and introduce next-generation products, the need for precision-engineered tooling solutions is expected to grow across sectors.

With increasing investments across automotive, railways, metro infrastructure, defence manufacturing, and industrial engineering, Godrej Enterprises Group remains focused on strengthening indigenous tooling capabilities, advancing manufacturing excellence, and supporting India's emergence as a globally competitive manufacturing hub.

Dreamfly Innovations to Build India’s Largest Aviation Battery Plant in Bengaluru, Boosting Atmanirbhar Bharat

Representative Image

• Drone Battery Solutions provider Dreamfly Innovations Announces One of India's Largest Aviation Battery Manufacturing Facilities with Scalable 200 MWh Capacity. 
• Upcoming 40,000 sq. ft. facility in North Bengaluru will have an initial annual production capacity of 100 MWh, scalable to 200 MWh, strengthening India's indigenous drone ecosystem

Dreamfly Innovations, an Indian deep-tech company specializing in advanced aviation battery technologies, has announced plans to set up a 40,000 sq. ft. aviation battery manufacturing facility in North Bengaluru. The facility will have an initial annual production capacity of 100 MWh, scalable to 200 MWh, making it one of India's largest aviation battery manufacturing facilities dedicated to the drone sector.

The upcoming facility will manufacture advanced aviation batteries for a wide range of drone applications, including Defense, surveillance, inspection, agricultural spraying, logistics, and emerging air mobility platforms such as air taxis. The investment is expected to strengthen India's domestic drone supply chain by enhancing local manufacturing capabilities for one of the most critical components of an unmanned aerial system.

Given that Dreamfly has indigenous content of 77%, which aligns well with the goals of the Kisan Drone Policy, its efforts are being geared toward supporting Indian drone manufacturers by developing power solutions domestically. It will help to reduce dependence on foreign products as well as contribute to the development of the country’s ecosystem for advanced manufacturing.

The proposed manufacturing facility will be in line with the vision of Viksit Bharat 2047, Make in India, and Atmanirbhar Bharat by increasing the indigenous capability in the strategic technology sector. With the use of drones becoming increasingly common in agriculture, construction, logistics, safety, and defense, developing indigenous capability in the field of aviation battery technology will be vital for achieving India's goal of becoming a leader in drone manufacturing and exports.

Commenting on the company's latest manufacturing initiative, Kajal Shah, Co-Founder & CEO of Dreamfly Innovations, said - "Every drone's performance, safety, endurance, and reliability depend on batteries. As the drone economy of India grows, it is also critical for India to develop its capacities for making batteries for drones. Our new facility is a way to develop state-of-the-art batteries for India, which will also support our domestic drone makers and further the vision of Viksit Bharat, Make in India, and Atmanirbhar Bharat."

Commenting on Dreamfly's manufacturing initiative, Vikas Verma, Partner, Avaana Capital, said, “Dreamfly’s new manufacturing facility reinforces its position as a leading innovator in next-generation battery technologies. It is a significant milestone in building India’s advanced aerial mobility ecosystem, reducing import dependence, and enabling Indian drone manufacturers to develop safer, more reliable, and globally competitive platforms. We believe this expansion will strengthen India’s deep tech manufacturing base and advance the country’s ambition towards becoming a global hub for drones and future aviation technologies.”

The new manufacturing plant will mark the firm’s continuing dedication to the evolution of India’s deep-tech manufacturing environment. Through developing its own aviation battery technology, Dreamfly Innovations plans to contribute towards the next level of development of the drone industry, as well as helping India develop into a hub of advanced manufacturing and future aviation technology.

About Dreamfly Innovations

Headquartered in Bengaluru, Dreamfly Innovations specializes in developing high-performance, long-lasting batteries for drones, aviation, and aerospace applications. Leveraging expertise in advanced cell technologies, including lithium-based chemistries, graphene, and supercapacitors, Dreamfly delivers energy solutions that are reliable, safe, and sustainable. Through its groundbreaking innovations, the company is redefining industry standards, empowering customers to achieve market leadership while advancing their sustainability objectives.

Bharat Forge and FLYING WHALES Seal Strategic Alliance to Build 60‑Tonne Heavy‑Lift Airships in India

• Partnership to establish Make in India production of next-generation airships for defence, strategic logistics and national security missions

Bharat Forge Limited, through its Aerospace Division, has signed a Memorandum of Understanding (MoU) with FLYING WHALES, a French-Canadian global pioneer in heavy-lift airship technology, to jointly develop, manufacture and field, advanced airships for India’s defence and strategic operational requirements. The MoU was signed by Mr. Guru BISWAL, CEO Aerospace, Bharat Forge Limited, and Mr. Sébastien BOUGON, President, FLYING WHALES, at the Farnborough International Airshow 2026.

The partnership marks a decisive step towards building an indigenous airship ecosystem in India, aligned to the Government's Aatmanirbhar Bharat and Make in India initiatives. The two companies will work towards establishing in India the manufacture, integration and production of FLYING WHALES-Bharat Forge airships for Defence applications, creating sovereign capabilities in a strategically important aerospace segment.

At the core of the collaboration is the LCA60T platform — FLYING WHALES next-generation heavy-lift airship capable of transporting up to 60 tonnes of cargo with vertical take-off and landing capability, minimal ground infrastructure requirements, and hybrid-electric propulsion. Designed for point-to-point operations in challenging and remote environments, the platform opens new possibilities for military logistics, strategic mobility and disaster response.

The partnership will explore defence applications including logistics support to forward operating bases, transportation of oversized equipment and critical military supplies, intelligence, surveillance and reconnaissance missions, communication relay systems, humanitarian assistance and disaster relief operations, and rapid deployment in remote border regions and difficult terrains.

"Airships will redefine how nations move, supply and sustain their forces, and India will lead that change. This strategic partnership places India among a select group of nations with the capability to design, build and field heavy-lift airships, bringing together FLYING WHALES' pioneering technology and Bharat Forge's six decades of advanced engineering strength and deep understanding of India's defence needs. Aligned to the spirit of Aatmanirbhar Bharat, we are creating a sovereign capability, a new industrial ecosystem and an entirely new dimension of strategic mobility for the nation," said Mr. Amit Kalyani, Vice Chairman & Joint Managing Director, Bharat Forge Limited.

"The LCA60T was conceived to reach the world's most remote and demanding locations, and that promise finds its fullest expression in India, with its vast geography, challenging terrain and extraordinary ambition. We are delighted to partner with Bharat Forge, whose engineering depth, defence expertise and shared vision make this a true strategic alliance to take the programme to scale. Together, we will build in India, for India and for the world, laying the foundations of an airship industry that will serve this region for generations," said Mr. Tanguy Lestienne, Chief Executive Officer, FLYING WHALES SERVICES.

The proposed localisation programme is expected to generate high-technology employment, develop an advanced supply chain and create future export opportunities, further strengthening India's position as a global aerospace manufacturing hub.

Israel Eyes India for Iron Dome Missile Production

Israel’s Rafael Advanced Defense Systems is reportedly in talks with Indian defence firms to locally produce Tamir interceptor missiles — the core of the Iron Dome air defence system — marking a major expansion of India–Israel defence cooperation. If finalized, India would become only the second country after the U.S. to manufacture these missiles outside Israel.

The Tamir interceptor missile is the core weapon of Israel’s Iron Dome air defence system, designed to destroy short‑range rockets, artillery shells, mortars, and drones with remarkable precision. Developed by Rafael Advanced Defense Systems, it has been operational since 2011 and boasts a success rate of over 90%.

Key Details of the Proposed Deal

• Parties Involved: Rafael Advanced Defense Systems (Israel) and multiple Indian private-sector defence firms
• Missile Type: Tamir interceptor — used in the Iron Dome system. 
• Purpose: Expand global production capacity beyond Israel and the U.S.; position India as a manufacturing and export hub
• Cost Advantage: Tamir missiles cost $40,000–$100,000 each, far cheaper than Patriot interceptors ($2–3 million)
• Operational Record: Iron Dome has intercepted 1,500+ aerial threats since 2011 with a success rate above 90%

Strategic Significance

• For Israel (Rafael): Diversifies supply chain; meets rising demand; leverages India’s competitive production costs
• For India: Strengthens role as global defence hub; aligns with “Make in India”; builds on collaborations like Barak 8; enhances supply-chain resilience

Comparative Snapshot of Tamir Production

Country	Production Role	Key Details
Israel	Primary manufacturer	Supplies IDF, exports globally
United States	Partner via Raytheon (R2S JV)	$1.25B Arkansas facility (2025)
India	New hub (proposed)	Would serve domestic + export markets

Risks & Challenges

• Negotiation Stage: Talks are ongoing; no final agreement yet
• Technology Transfer: Extent of joint production and tech sharing remains unclear
• Geopolitical Sensitivity: Regional rivals may view India’s role as escalatory
• Supply Chain Dependence: India must prove reliability during crises

Why This Matters for India

• Positions India alongside the U.S. as a trusted partner in Iron Dome production
• Expands India’s defence export potential, complementing deals like BrahMos exports. 
• Strengthens bilateral defence ties with Israel across missiles, drones, radars, and electronic warfare

Adani, Embraer to Build Jets in Gujarat’s Dholera

Adani Group and Brazil’s Embraer have reportedly chosen Dholera, Gujarat, as the site for a new aircraft assembly line, marking a major step in India’s push for indigenous aviation manufacturing under the Aatmanirbhar Bharat and UDAN schemes. The facility will assemble Embraer’s regional jets, but its rollout depends on securing airline commitments for aircraft orders.

It was in January this year, when Adani Group and Brazil’s Embraer had signed the deal to establish a final assembly line for regional aircraft in India. This marked Adani’s entry into aircraft manufacturing and boosting India’s ambition to become a global aviation hub.

Key Highlights

• Location: Dholera Special Investment Region (DSIR), near Ahmedabad, Gujarat — a planned greenfield smart industrial city.
• Partnership: Adani Defence & Aerospace + Embraer (MoU signed January 2026).
• Objective: Establish a Final Assembly Line (FAL) for Embraer’s regional jets in India.
• Strategic Fit: Supports India’s Regional Transport Aircraft (RTA) programme, Aatmanirbhar Bharat, and the UDAN regional connectivity scheme.
• Market Context: India has over 1 billion people but relatively low air travel penetration, making regional connectivity a huge growth opportunity.

Why Dholera?

• Industrial Policy: Gujarat’s new “ultra mega” industry category incentivises projects above ₹10,000 crore.
• Smart City Infrastructure: DSIR offers modern logistics, connectivity, and industrial support.
• Strategic Location: Close to Ahmedabad, with access to skilled workforce and transport hubs.

Embraer’s Vision for India

• Civil Aviation: Expanding presence in commercial jets, especially E-Jets for regional routes.
• Defence & Security: Partnerships with Indian firms (including Mahindra for C-390 Millennium transport aircraft).
• Urban Air Mobility: Exploring future opportunities in air taxis and advanced mobility solutions.
• CEO Arjan Meijer’s View: India is “the biggest market around the world” with “amazing potential,” but success requires airline commitments and a holistic approach.

Challenges & Risks

• Airline Orders: Without confirmed commitments, the assembly line may face delays.
• Revenue Complexity: India’s aviation market is fragmented, with pricing pressures and thin margins.
• Indigenisation: The partnership promises phased localisation, but supply chain integration will take time.

Strategic Impact

Factor	Details
Regional Connectivity	Supports UDAN scheme, linking smaller cities
Industrial Growth	Boosts Gujarat’s DSIR smart city development
Aerospace Capability	Advances India’s RTA programme
Global Positioning	Embraer challenges Airbus & Boeing dominance in regional jets

Rolls-Royce Powers India’s Next Leap with MRO, Jet Engines, and Nuclear Ambitions

Rolls-Royce is preparing a major expansion in India with plans to establish a local Maintenance, Repair and Overhaul (MRO) facility for civil aviation engines and a full aero gas turbine complex with complete technology transfer for indigenous military jet engines, including the AMCA program. The company is also exploring small modular reactors (SMRs) for India’s civil nuclear sector, potentially investing billions and creating over 10,000 jobs.

Civil Aviation MRO Facility

• Current Status: Indian aircraft engines are serviced in Singapore and Hong Kong.
• Future Plan: Rolls-Royce will set up a domestic MRO hub to support India’s growing fleet.
• Drivers:
  • Air India & IndiGo have ordered 100+ Airbus A350s, powered exclusively by Rolls-Royce engines.
  • Over 220 engines and spares expected in India in the next few years.

Aero Gas Turbine Complex

• Scope: Indigenous development of military jet engines, starting with the Advanced Medium Combat Aircraft (AMCA).
• Technology Transfer: Rolls-Royce has offered complete IP transfer, ensuring Indian sovereignty over engine design.
• Timeline:
  • Ground trials: Targeted by 2032
  • First flight: Expected by 2034
• Expansion: Facility may later support dual-use engines for civil aviation.

Nuclear Energy – Small Modular Reactors (SMRs)

• Policy Context: Enabled by India’s Shanti Act 2025, which ended public sector monopoly in nuclear energy.
• Rolls-Royce Interest: Exploring deployment of SMRs for clean, scalable civil nuclear power.

Strategic Impact

Initiative	Focus Area	Timeline/Scale	Impact
Civil MRO	Aircraft engine servicing	Within next few years	Reduces reliance on overseas hubs
Gas Turbine Complex	Military jet engines (AMCA)	Trials by 2032, flight by 2034	Indigenous propulsion capability
SMRs	Civil nuclear energy	Post-2025	Clean energy, billions in investment

Risks & Challenges

• Capital Intensive: Requires sustained R&D and infrastructure investment.
• Global Competition: Competing with established aerospace giants in US/EU.
• Supply Chain Dependence: India must strengthen domestic ecosystem to reduce reliance on imported sub-systems.

Strategic Positioning

• Rolls-Royce sees India as its fourth “home market” after UK, US, and Germany.
• Longstanding partnerships with HAL and Force Motors already anchor its presence.
• Potential to employ 10,000+ people and invest billions of dollars in India’s aerospace and energy sectors.