SOURCE: AFI
In a significant boost to India’s burgeoning space and defence sectors, the Department for Promotion of Industry and Internal Trade (DPIIT) has granted a defence license to Bangalore-based NewSpace Research and Technologies. The license, issued under the Industries (Development and Regulation) Act, 1951, empowers the company to manufacture a wide range of aerospace and defence equipment, including autonomous systems, UAVs, collective robotics, artificial intelligence systems, and payloads.
This development underscores the Indian government’s commitment to fostering a robust domestic defence industry. By granting the defence license to NewSpace Research and Technologies, the DPIIT has paved the way for the company to contribute significantly to India’s self-reliance in critical defence technologies.
The company is now authorized to undertake research, development, and production activities in these areas, which is expected to create new opportunities for employment and technological advancements in the country.