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Pieter Elbers resigned as CEO of IndiGo on March 10, 2026, following operational issues that started with mass flight cancellations in December 2025. Rahul Bhatia will manage the airline until a new CEO is appointed.

Concurrently, Indonesia is set to acquire India's BrahMos cruise missile system, the second foreign purchase after the Philippines, enhancing defense cooperation. In industrial developments, Ramco will implement its aviation software at Tata's new MRO facility, while Spark Minda Green Mobility partnered with Turntide Drives for EV components.

Dixon Technologies received approval for a joint venture with HKC Overseas to manufacture display components in India, aiming to reduce import dependence. Apple increased iPhone production in India by 53%, and Wipro Enterprises is exploring entry into the semiconductor sector.