The significance of the development lies in the fact that the equipment is FUJIFILM India’s first serial-numbered endoscopy system manufactured in India, indicating the transition from localisation efforts into formal production of advanced diagnostic equipment.
The figure represents a 15.6% increase over FY2024–25, when defence production stood at approximately ₹1.54 lakh crore. Compared with FY2020–21, when production was valued at ₹84,643 crore, the sector has more than doubled in five years.
The Central Insecticides Board examined the molecule along with its chemical identity, toxicological profile and ecotoxicological information before approving it at the Board level. The official record identifies PI Industries as the company associated with its development.
Neither the number of systems supplied nor the contract value, configuration or delivery schedule has been publicly disclosed. The precise Akash variant supplied to Tajikistan and Turkmenistan has also not been identified in the information currently available.
The contract was signed in New Delhi on September 21, 2026, in the presence of Defence Secretary Rajesh Kumar Singh. The procurement marks another step in the indigenisation of critical systems used across India’s armoured vehicle fleet.
The memorandum was signed during INNOPROM.India 2026 in New Delhi by Dmitry Bolotsky, Deputy General Director for Commercial Affairs at Natsproektstroy Group, and Devang Vijay Shah, CEO and Managing Director of Bulk MRO.
The Ministry of Defence officially describes Agni-5 as a three-stage solid-fuel surface-to-surface ballistic missile capable of striking targets at ranges of up to 5,000 kilometres with a high degree of accuracy. Its combination of long range, road mobility, canisterised launch and sophisticated guidance has already made it a central component of India’s strategic missile capability.
The policy direction is reflected in DRDO’s Transfer of Technology Policy 2025, which explicitly permits industry to carry out value addition to transferred technologies in consultation with DRDO in order to improve performance or economic viability.
Voltanova is no longer operating only at the research stage. The company has moved towards commercial deployment and has reported more than ₹50 crore in order interest for its Thermal Battery Energy Storage System.
The institute already has multiple ASIC designs listed as fabricated at SCL Mohali. Its newer Programmable Gain Amplifier and real-time traction-control system have entered the C2S fabrication pipeline, while its researchers are participating in a defence-oriented precision sensor-interface programme.
