Make in India Drives Defence Growth

01 Apr 2025 CW Team

India’s defence production surged to Rs 1.27 trillion in FY 2023-24, reflecting a 174% rise since 2014-15, propelled by the Make in India initiative. The Ministry of Defence secured a record 193 contracts worth over Rs 2,090.5 billion in 2024-25, with 92% awarded to domestic firms. Defence exports reached Rs 210.83 billion, growing 30 times in a decade, with India supplying military equipment to over 100 countries. More than 14,000 items have been indigenised under the SRIJAN initiative, with 3,000 listed under Positive Indigenisation Lists. The government aims to achieve Rs 3 trillion in production and Rs 500 billion in exports by 2029, further solidifying India’s role as a global defence manufacturing hub.

(PIB)

Real Estate

03 Sep 2025

Maharashtra to Revise Infrastructure Policies

The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.The Minister assured..

Agami Realty Enters Mumbai's Luxury Market

Agami Realty, a leading real estate developer with a legacy of over five decades, has marked its foray into Mumbai’s luxury residential market with two significant redevelopment projects in Bandra, valued at an estimated Rs 9.5 billion. The company, known for its boutique developments that blend sustainability, technology, and design excellence, has already received a strong response to its Bandra offering.Agami Eternity, the firm’s first completed premium redevelopment project in Mumbai, recently received its Occupancy Certificate. Located in Bandra East, the project was designed by inter..

Hafele Launches Its Third Licht Experience Centre in India

Hafele, a global leader in interior solutions, has announced the launch of its third Licht Experience Centre in Ahmedabad. This new centre, located at 302, 31 Five, Opp. Palladium, Corporate Road, Makarba, follows the successful openings in Chandigarh and Indore, further strengthening Hafele's footprint in India. The name “Licht,” which means “light” in German, captures the essence of this experience, where technology meets aesthetics to redefine interior spaces.The Ahmedabad Licht Experience Centre was inaugurated by Mr Frank Schloeder, Managing Director of Hafele South Asia, and Mr P..