India, France Deepen Defence R&D Ties With New Agreement

24 Nov 2025 CW Team

A Technical Agreement has been signed between India’s Defence Research & Development Organisation (DRDO) and France’s Directorate General of Armaments (DGA) to strengthen collaboration in defence research and development. The agreement was signed at DRDO Bhawan, New Delhi, on 20 November 2025 by DRDO Chairman and Secretary, Defence R&D, Dr Samir V. Kamat, and National Armaments Director of France, Lt Gen Gael Diaz de Tuesta.

The strategic partnership aims to harness the combined expertise and resources of both countries to develop advanced solutions for emerging defence challenges. It establishes a formal mechanism for joint research, training programmes, testing activities, information exchange and the organisation of workshops and seminars to enhance skills and knowledge in defence innovation.

The agreement also enables the transfer of equipment, technological know-how and capabilities between the two nations. Key areas of cooperation include aeronautical platforms, unmanned systems, advanced defence materials, cyber security, artificial intelligence, space technologies, navigation, advanced propulsion, sensors, quantum technologies, underwater systems and other mutually identified fields.

Both sides expressed confidence that the partnership will contribute significantly to national security and support global advancements in defence technology.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..