Substantive outcomes will add further vigour to India-UAE friendship, says PM Modi
PM Modi said the outcome of the visit would strengthen the growing India-UAE partnership across strategic sectors.
PM Modi said the outcome of the visit would strengthen the growing India-UAE partnership across strategic sectors.
The fourth Project 17A warship, INS Taragiri carries supersonic missiles, an anti-submarine suite, and over 75 per cent indigenous components built across 200-plus Indian MSMEs.
The company stated that it received intimation of the execution of the agreement at 12:27 am on March 1, 2026, and has disclosed the development under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the stock exchange.
The two companies had entered into a strategic partnership in October 2025 to manufacture the C-390 Millennium multi-mission military transport aircraft in India.
As of December 31, 2025, cumulative investments under the scheme exceeded Rs 2.16 lakh crore, while production and sales crossed Rs 20.41 lakh crore.
The Indian Coast Guard Ship (ICGS) Amulya was commissioned at Goa Port on 19 December last year, said coast guard officials.
The prime minister underlined that this agreement with 27 countries will benefit Indian startups by easing access to funding and innovation ecosystems, while also boosting India’s creative economy in film, gaming, fashion, digital content, music, and design.
Top officials said that among a bunch of Budget proposals is a move to raise the FDI limit to 74 per cent under the automatic route for existing licensed defence manufacturers.
"I am confident that Union Finance Minister Nirmala Sitharaman will present another transformative Union Budget on February 1," said Sanjay Tandon.
BJP has described the deal as “historic step”, highlighting its potential to create opportunities for 200 crore people in India and Europe—nations with one fourth of the GDP and affecting the economy of the entire world
