India Plans ₹99,000 Crore Deal for Six German AIP Submarines, Mazagon Dock to Build

According to news reports, India is moving forward with a major naval modernisation initiative as the Indian Navy prepares to acquire six advanced Air Independent Propulsion (AIP) submarines from Germany … Read More

Adani Defence Acquires Punj Lloyd’s Malanpur Unit in Slump Sale Deal

New Delhi: Adani Enterprises Limited (AEL) has strengthened its footprint in India’s defence manufacturing sector with the acquisition of a defence production facility from Punj Lloyd Ltd. The transaction will … Read More