The assurance comes in the wake of reports that India was concerned over US supplying a new set of F-16s to Pakistan, a decision that could be a crucial geopolitical factor when the Indian Air Force (IAF) decides on the $10 billion Medium Multi-role Combat Aircraft (MMRCA) tender, described as 'mother of all deals'.
"By the time this fiscal year ends and then next one starts and unless someone does a harakiri in lowering their fare, we see a good scenario beginning April onwards," Boeing India president Dinesh Keskar told PTI in an interview.
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.
After Sunday's test, India has become the first and only country in the world to have a "manoeuvrable supersonic cruise missile in its inventory
A total of 946 medals have been announced by the Union home ministry for personnel and officers of Central Armed Police Forces and state police forces, out of which three have been decorated with the President's Police Medal for Gallantry (PPMG) while 177 have been awarded the PMG.
'India as a market is broader than most, with eight or nine major customers and the defence business which is now open.'
This is Boeing's third advanced research centre outside the US, the others being in Europe and Australia. This centre would carry out continued collaboration with Indian R&D organisations, including government agencies and private sector R&D providers, universities and other companies, Boeing officials said.
The British aerospace giant is understood to be in the process of rolling out a series of new engine design, analysis and development programmes and is looking at roping in an additional partner to handle its sub-contracting requirements.
Clearly, he is in the right place, at the right time.
The missile will be capable of shooting down enemy ballistic missiles, aircraft, helicopters, drones, surveillance aircraft and AWACS (Airborne Warning and Control Systems) aircraft from a range of around 70 km.
This indirect outsourcing will make Airbus' parent company EADS' total business outsourced to India grow 10 times by 2020, from the current euro 100 million. In comparison, the total outsourcing to countries outside Europe will only increase by more than three times in that period, albeit from a far larger base of euro 8 billion. Industry experts said this indirect outsourcing would be a clear way to rationalise costs.
The move comes when Kingfisher remains the only listed airline in India to have made losses in the third quarter of the current financial year.
There are hotel rooms with a view. Then there are glass hotel rooms that hang up to 3,000 feet off the side of a remote Asian mountain. The new "hanging hotel" promises the latter, and it's definitely not for the faint of heart.
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.
With the armed forces going on a fast-track modernisation drive after 26/11 terror strikes, Defence Minister A K Antony on Wednesday said that the "Unnecessary procedures, bottle-necks and red-tape should be cut down for hastening procurement procedures." Antony was addressing the "Jumbo" Majumdar Seminar on 'Dominance of Aerospace Power', in New Delhi.
According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.
Auto component-maker Bharat Forge Ltd on Monday said it will invest around Rs 1,500 crore (Rs 15 billion) over the next three years to focus on its non-automotive business of making components and heavy forgings for energy, marine, defence, aerospace and locomotive sectors.
As the race for bagging the US$ 10-billion Medium Multi Role Combat Aircraft order from India hots up, US aerospace major Lockheed Martin raised its sales pitch on Monday saying its fighter plane, F-16IN, is tailored exclusively to meet the Indian Air Force's requirements.
Applications are invited for admission to MTech programme at IIT Madras under sponsorship scheme.
India's maiden moon mission Chandrayaan-1 has captured a halo around the site where US spacecraft Apollo-15 had landed on the lunar surface nearly four decades ago.
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The nomination of cluster heads for defence, infrastructure and finance business is awaited.
Boeing's 787 Dreamliner, a project which was marred by repeated delays and obstacles, is an instance of the most advanced aviation technology available. Its aerodynamic design, engines, flight controls and avionics are almost part of the aviation folklore.
IIT Kanpur invites applications from Indian citizens for admission for the session commencing July 2008.
These vehicles have a range of two to five kms, fly some 100 to 200 metres above ground for 30-40 minutes and take pictures of what's happening below. Significantly, they are not easily susceptible to radar detection as they are "not all of metal" and carbon fibres are used in making them.
The Indian Air Force argued that Hindustan Aeronautics Limited's HTT-40 trainer jet would be costlier than the Swiss Pilatus trainer over its 30-year service life. When HAL challenged this contention, the IAF was not able to back it with figures.
Unfazed by the crash of its prototype 14-seater passenger aircraft, scientists will go ahead with the project to develop the country's first indigenous plane.
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
'To neutralise these two threats, the military requires extraordinary offensive capabilities, which are available with the West alone.'
Infosys is planning to hire the first 500 within two years.
As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.
The company officials informed that a static test of the fuselage was over and an analysis of the results could be finished by the end of December.
Six global defence majors, including US giants Lockheed Martin and Boeing, and European consortium EADS, today offered to invest an estimated $2 billion to $3 billion to revitalise India's defence and aerospace industry.Under the proposals, which came days after New Delhi unveiled a new investment-friendly weapons procurement policy, the companies offered to pump in more investments, create defence exports and set up weapon-related joint ventures.
The research and technology centre opened by Boeing in Bangalore is the third by the company outside the US. The other two centres are located in Europe and Australia. The company said the centre would work in close collaboration with R&D organisations, universities and other companies to help sustain Boeing's competitive technological edge.
While its operating radius remains secret, a back-of-the-envelope calculation indicates it can easily strike targets 1,000 kilometres away and return to base.
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.
GE India, the $2.8 billion industrial giant, plans to invest $6 billion till 2015 in medical systems, services and IT tailor-made for rural India. Also, GE, the parent company, is looking at making India the sourcing hub for aerospace parts and healthcare products and is in the process of developing a supply chain for this.
India on Saturday successfully test-fired its 290-km range BrahMos supersonic cruise missile from the navy's newest destroyer INS Kolkata.
The ones chosen for operation, management and development through a public-private partnership model are Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
The Indian Institute of Space Science and Technology is organising Student Counselling for admission to its courses.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
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