Days after completing a $6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement manufacturing capacity and become the most profitable manufacturer in the country. He saw a multifold rise in cement demand in India on the back of record-breaking economic growth and the government's infrastructure creation push, which will give significant margin expansion. In a speech made at an event to mark the completion of the acquisition on September 17, the Adani Group founder and chairman said the ports-to-energy conglomerate has in a single stroke become the second largest cement manufacturer in the country.
It is the first project of its kind in which a military aircraft will be manufactured in India by a private company.
For the defence ministry, Aero India 2021 is an opportunity to show its commitment to the prime minister's 'Atmanirbhar Bharat' initiative.
Prominent in the DRDO's display are several artillery guns, armoured vehicles and tanks that underline a measure of success in developing these key weapons platforms for the army. Here are three systems that are headed for success.
'Tata A&D, when formed, will be better equipped to execute larger and more complex projects and be more globally competitive as part of the global supply chain.'
Banning the import of platforms that are already being built in India serves little purpose.
A five-year contract to provide comprehensive maintenance support for India's fleet of 12 C-130J Super Hercules tactical airlifter aircraft.
"We have long witnessed unfortunate attempts to employ force to change the status quo at our unresolved borders", Singh said at the inaugural ceremony of Aero India-2021, the country's premier Defence and aerospace show, at Yelahanka Air Force Station in Bengaluru.
The defence and aerospace sectors have seen at least over Rs 10,000 crore worth of MoUs being signed during the summit.
The IAI is Israel's largest aerospace and defence company. It develops, manufactures and supplies defence systems including anti-missile, aerial systems and intelligence and cybersecurity systems.
The defence ministry is shooting to achieve an annual export target of $5 billion by 2025.
The army, air force and navy will all benefit from the defence ministry's approval of 'Make in India' equipment.
United States aerospace major Boeing on Thursday said it received approval from the country's government to offer its F-15EX multi-role combat jet to the Indian Air Force.
It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.
IT services firm HCL Technologies on Friday reported a 16.7 per cent increase in net profit at Rs 2,014 crore for the quarter ended September 2016.
With a combination of both physical and virtual exhibition, the 13th edition of the biennial international event at Air Force Station Yelahanka will be the world's first hybrid aerospace show.
The estimated investment for the facility, which will undertake domestic and international projects, would be $100 million.
Russia has said the maiden flight of the fifth generation fighter aircraft (FGFA), being developed by its Sukhoi design bureau in tie-up with Indian aerospace and defence major Hindustan Aeronautics Ltd (HAL), will be made by the end of the year.
The Aero India 2007 international aerospace and defence exposition began today with India pitching itself as a global outsourcing destination offering competitive prices and a huge pool of skilled manpower.
These companies were identified through the India Innovation Growth Programme, an innovation contest through which the US firm identifies Indian research and development potential.
French aerospace and defence major Safran may team up with the state-run Defence Research and Development Organisation for indigenously developing an unmanned aerial vehicle project at a cost of over $1 billion.
With its inherent advantages, Karnataka has the potential to become a global aerospace hub by 2015, an industry body said on Friday as it urged the state government to launch a host of initiatives to make this happen.
Singapore Airshow, Asia's largest and one of the top three aerospace and defence shows in the world, is underway.
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.
European Aerospace major EADS on Tuesday said it will invest 2 bn (about Rs 11,000 crore) over the next 15 years in India.
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
Over 80 fighters and other aircraft, from both India and foreign countries, are on display.
Tata Boeing Aerospace inaugurated its facility to produce fuselages for the AH-64 Apache helicopter in Hyderabad.
A breathtaking display cast a spell at the 12th edition of Aero India.
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
'The DGCA may require airlines to install CCTV cameras on all flights and retain the footage in case of unruly behaviour.' 'Else, it would be left to individual interpretation of the involved parties.'
A suspected Chinese government sponsored group is understood to have snooped on inaccessible government computer networks in India for over a decade, a cyber security group claimed.
Expected to offer Gripen NG fighter aircraft or a possible joint collaboration in manufacturing single engine light combat planes.
The average fares of all airlines are almost linear.
He claimed the NDA government bought the planes at Rs 1,600 crore a piece as against the Rs 526 crore for each aircraft fixed by the UPA.
The ones chosen for operation, management and development through a public-private partnership model are Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
SpiceJet did not provide the details of its ancillary revenue.
Indian-origin technology executives Jayshree Ullal and Neerja Sethi have made it to the Forbes list of America's 60 richest self-made women, with 21-year-old reality TV star and entrepreneur Kylie Jenner the youngest to be featured in the power list.
The controversial 5/20 rule required an airline to have five years of domestic operations and 20 aircraft in its fleet to be able to fly abroad.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances