The group said Dassault choose Reliance Defence Ltd to meet its 'offset' or export obligation in the contract and the Ministry of Defence has no role in the selection of Indian partners by the foreign vendors.
Mahindra & Mahindra is planning to invest Rs 250 crore (Rs 2.50 billion) in the aerospace business. It plans to set up component and aircraft manufacturing facilities in India, Mahindra Group vice chairman & managing director Anand Mahindra said in Bengaluru.
Defence Minister Rajnath Singh said on Tuesday that India cannot remain dependent on other countries for its defence and that the indigenously developed Tejas was better than its foreign equivalents on several parameters and also comparatively cheaper.
The Tata Advanced Systems, a new, wholly-owned subsidiary of the Tata Industries, and other group companies would join hands with EADS Defence and Security, US-based Raytheon and Precision Electronics to bid for the army's communication system.
Is it Rs 300 billion or Rs 66 billion or Rs 33.12 billion?
It came as a surprise to all stakeholders - competing telecom companies (telcos), most analysts and even the government's internal projections on revenues from the 5G auctions. Reliance Jio disrupted all calculations by paying a stiff Rs 40,000 crore to buy 10 MHz of spectrum in the 700-MHz band, globally considered a key band for efficient 5G service coverage, along with the default 3.5 GHz band and the ultra-high speed and low-latency millimetre band of 26 GHz band. So what made Jio pay almost 45 per cent of its total spend in this auction for the 700 MHz band - much more than what it rustled up even for the 3.5 GHz band?
Access to India's defence market must be made conditional -- available only to those who are ready to make a long-term commitment in India, argues Ajai Shukla.
'The greatest loss from replacing the 126 Rafale proposal with the 2016 contract for 36 Rafales might not be the extra money paid, but the opportunity that India's aerospace industry lost of obtaining access to critical aviation technologies and manufacturing skills.'
Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.
The MRSAM is amongst the most lethal surface-to-air missiles in service anywhere.
Using available government data, the team is targeting $30-40 billion worth of iron and steel products that are imported into India.
The US-based aircraft manufacturing giant will expand its manufacturing presence, launch subsidiaries and strengthen research and development (R&D) programmes in the country. Jeppesen, a subsidiary of Boeing, is close to setting up an office in Hyderabad, while another, Aviall, the company's spare parts subsidiary, already has operations from Noida.
The team from Chennai's SRM University, comprising of Anita Mohil, Balakrishnan Solaraju Murali and Michael Thomas along with their academic mentor Sakhtivel Kasinath, is among the five finalists of a global competition organised by aircraft manufacturer Airbus and the United Nations Educational, Scientific and Cultural Organisation.
Facing flak for time slippages in Light Combat Aircraft Tejas programme, DRDO chief V K Saraswat on Friday attributed the delay to "setbacks" caused by international sanctions and inadequate development of aerospace industry in the country.
Two former union ministers have sought registration of an FIR into the fighter jet deal between India and France alleging "criminal misconduct" by high public functionaries.
The defence ministry is shooting to achieve an annual export target of $5 billion by 2025.
Under a memorandum of understanding signed in New Delhi by Jim Albaugh, President of Boeing Integrated Defence System and HAL Chairman Ashok K Baweja, the Indian defence PSU, will manufacture subsystems for Boeing's wide range of fighter planes like F-15, F-18 Super Hornetts and Apace Helicpoters.
"Swagatam" (welcome), he said with the hash tag "RafaleInIndia".
It would help in saving fuel, reducing CO2 emissions as well as noise levels, according to officials
The deal, estimated to be worth USD 2 to 3 billion, has been approved by the state department, the sources said.
In rebranding the F-16 into the F-21, Lockheed Martin appears to have accepted what many have warned it for years: That the IAF would never buy a fighter whose very name is associated across India with the Pakistan Air Force which has operated the F-16 since the 1980s.
The 'Make in India' concept in the defence sector has the potential to help India meet 70 per cent of its defence needs in a few years.
Reliance Defence Limited and Russia's leading developer and manufacturer of Air Defence Missile Systems 'AlmazAntey' have decided to work jointly on the entire range of Air Defence Missile and Radar Systems that are required for Indian defence forces.
The firm, which aims to double sourcing from India, is looking at partnerships with institutions such as the IITs
Indians companies are becoming major players around the world.
Airbus' own centre in Bangalore for engineering has got more than 350 engineers working in core engineering function.
The captain of the turbine jet was alive and recuperating in a local hospital, Xinhua reported. But Capt Qi Quanjun, lying on a hospital bed with tubes tucked around his body appeared traumatised and was unable to talk to the media
The top court had rejected the objections raised by the Centre that those documents were not admissible as evidence under Section 123 of the Indian Evidence Act, and no one can produce them in court without the permission of the department concerned as they are also protected under the Official Secrets Act.
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
Gandhi said he had made the statements in the heat of political campaigning which have been misused by his opponents.
It earlier took 19 months to build a Tejas, now it takes 11 months, says HAL chief.
'We were against politicisation of the defence acquisition process. It was a question of capability of the air force'
Scrutinising the Sukhoi Corporation's work on the Fifth Generation Fighter Aircraft -- a project that India will soon sign up to co-develop -- gives one an idea of Russia's size, and its aerospace expertise.
Indian American Dinesh Keskar has been appointed by the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft, Boeing Company, to lead Boeing India from March.
'Rafale is much more advanced and lethal than the current fighter aircraft available with China. The timing of the arrival of the jets is perfect'
The space agency has set 2020 as the deadline for the first privately built rocket to be launched into space.
Some of the key fighter jet acquisitions over the years and the combat capabilities they possess that made India's airmen a force to reckon with are.
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