According to government data, India's industrial output rose at its fastest pace in more than two years last December, driven by strong manufacturing and mining activity. Overall Performance December 2025 Growth: The Index of Industrial Production (IIP) surged to a 7.8% year-over-year increase, marking a more than two-year high. Revisions:...
U.S., India, to Accelerate Defense Technology Innovation
The India-U.S. Defense Acceleration Ecosystem (INDUS-X) was launched in June 2023 by the U.S. Department of Defense (DoD) and Indian Ministry of Defense (MoD). Guided by a bilateral collaboration agenda, INDUS-X aims to build an innovation bridge between the two countries' defense sectors. It facilitates partnerships between defense companies, incubators,...
India's Bharat Forge to Set Up Forging Facility in U.S.
Pune, India headquartered auto components maker Bharat Forge will invest $55 million in setting up an aluminum forging facility in Tennessee. The unit will will commence production in 2020 and will cater to the North American car market. To improve the financial strength of its international operations, the company's emphasis...
At India's DefExpo 2018, Multinationals Ink Partnerships
India’s largest Land, Naval, and Internal Security System’s Exposition, DefExpo India, has become one of the largest events of its kind in the world for the last 10 years. Defense Expo 2018 was a four-day event at the southern city of Chennai, India. The tagline this year was "India: The...
India's Bharat Forge Acquires Walker Forge Tennessee
Auto components major Bharat Forge, based in Pune, and part of the Kalyani Group in India, will buy U.S.-based Walker Forge Tennessee LLC for $14 million. The proposed acquisition is aimed to increase the company's product offering in its automotive segments as well its industrial sectors such as construction and...
India to Float Tender for 100 Naval Utility Vehicles
Defense-Aerospace reports that eleven of India’s private sector companies among which are Tata Advanced Systems, Bharat Forge, Mahindra Aerospace, Reliance Defense & Aerospace and L&T, have responded with proposed joint ventures for the co-development of three types of foreign helicopters - AS565 MBe of Airbus, Bell Helicopters-429 and Super Lynx...