India’s defence sector is poised for an expansionary phase in the coming fiscal year, as analysts and industry experts anticipate a significant increase in government spending. With FY27 budget proposals hinting at a potential 20% to 25% rise in defence allocations, the industry outlook remains structurally positive. Jyoti Gupta, from Nirmal Bang Institutional in an […]
Hindustan Aeronautics Ltd. plans to manufacture Russia’s SJ-100 aircraft in India to boost short-haul flights in the world’s fastest growing civil aviation market of its size. The SJ-100 is a twin-cylinder, narrow-body aircraft for short-haul flights. (company handout) The Indian company has signed an agreement with Russia’s United Aircraft Corp. PJSC to manufacture the commuter […]