New Delhi, June 30 (IANS) Drones are set to remain among the fastest‑growing segments within India’s defence ecosystem, with the tactical drone procurement opportunity rising from Rs 30‑35 billion in the previous procurement cycle to nearly Rs 120‑140 billion, a report said on Tuesday.India’s defence sector is entering a structural, multi-year growth cycle driven by indigenisation, increasing defence capital expenditure, rising exports and accelerated adoption of advanced technologies, t…
Latest Space Technologies News & Updates
New Delhi, June 26 (IANS) India is rapidly emerging as a major force in frontier technologies and AI, nuclear, space and quantum technologies will determine contours of future growth and global competitiveness, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh said on Friday.The National Quantum Mission (NQM) has already achieved more than half of its targeted outcomes within three years of its launch in 2023, he said while speaking at a media conclave he…
New Delhi, June 21 (IANS) India’s space economy is projected to grow five-fold from the current $8 billion to $40-45 billion over the next decade, driven by policy reforms, rising private sector participation and growing commercialisation of space technologies, an official fact-sheet said on Sunday.The fact-sheet highlighted that India currently accounts for about 2-3 per cent of the global space economy, with the country’s share targeted to rise to 8 per cent by 2030.The rapid growth is being s…
Paris, June 18 (IANS) Prime Minister Narendra Modi on Thursday said India’s technology-driven solutions are creating prosperity at the grassroots level, highlighting how innovations in agriculture, fisheries, healthcare, and digital services are transforming lives across the country.Addressing the VivaTech 2026 conference here, PM Modi said India is leveraging technology not only to drive innovation but also to ensure that its benefits reach ordinary citizens.He stressed that technology must be …
Nice/New Delhi, June 14 (IANS) Prime Minister Narendra Modi on Sunday highlighted India’s growing appeal as a global investment and innovation destination, saying the country’s growth is driven by talent, scale, stability and reforms. Addressing investors and venture capital leaders at Bharat Innovates 2026 in Nice, France, PM Modi said India offers immense opportunities across innovation, technology, manufacturing and emerging sectors, and invited the world to co-create the next chapter of glob…
New Delhi, June 2 (IANS) Mario Voigt, Minister-President of Germany’s Free State of Thuringia, on Tuesday met Minister of State (Independent Charge) for Science & Technology and Earth Sciences Jitendra Singh, with both sides exploring cooperation in quantum communication, photonics, space technologies and deep-tech innovation.Recognising Thuringia’s emergence as a major European hub for photonics, optics, quantum technologies and advanced manufacturing, both sides explored opportunities fo…
Gothenburg, May 18 (IANS) At the invitation of the Sweden Prime Minister Ulf Kristersson, PM Narendra Modi paid an official visit to Gothenburg on Sunday, the Ministry of External Affairs (MEA) said in a statement. The two Prime Ministers stressed the importance of the historic India-EU Summit on January 27, 2026, in New Delhi, the “new Towards 2030: A Joint India-European Union Comprehensive Strategic Agenda”, the conclusion of the India-EU Free Trade Agreement and the Comprehensive Framework o…