The facility is a joint venture between the aerospace major and national carrier Air India, while MADC, a government agency, has provided the land. The 99-year lease agreement is for 50 acres of land located adjacent to the Dr Babasaheb Ambedkar International Airport under the prestigious Multi-modal International Passenger and Cargo Hub, Nagpur project.
Israel Aerospace Industries (IAI) has officially acknowledged that the defence deal between the two countries was signed on February 27 under which Israel will develop and manufacture sea borne and shore-based systems against missile attack on India, business daily Globes reported.
Russian defence aerospace major Sukhoi is close to bagging its first civilian Indian client with its regional 60- to 90-seater jet Sukhoi Superjet 100.
Israel's defense forces will this week launch its most advanced satellite -- on the back of an Indian space mission.
Depending on the fleet size and its age, airlines buy 30-50 per cent of the components that they need, and take the rest on lease. Expenditure on spares and components is a considerable part of engineering and maintenance, which account for over 9-10 per cent of the total operating expense of an airline. For instance, Air India, which has a large and ageing fleet, has to provide $35 million-$40 million for spare parts during any time of the year.
The cancellation of the project has far-reaching implications for the IAF, for which this was once its high-tech future fighter.
The delivery of the Tejas Light Combat Aircraft (LCA) to the Indian Air Force under a Rs 48,000-crore deal will begin from March 2024 and around 16 aircraft will be rolled out annually till the completion of the total supply of 83 jets, Chairman and Managing Director of Hindustan Aeronautics Limited R Madhavan said on Sunday.
The company expects the division to add double-digit growth to the company's top line during the current financial year, he said.
Harvinder S Anand, who graduated as a chemical engineer from Punjab University, Chandigarh, is the president of Royce International, a multi-national corporation.
High performance supercar will be assembled in Caparo's upcoming Chennai plant, small car in two years.
A large Dhruv order could significantly boost Indian defence exports. These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.
Candidates will be offered an opportunity to undertake high quality academic research through a goal-oriented summer mini-project undertaken at the Indian Institute of Science, Bangalore.
The procurement will come at a cost of Rs 38,900 crore.
Boeing's plan involves setting up an Indian factory and the aerospace ecosystem to build the Block II Super Hornet.
In his PIL, Sharma alleged discrepancies in the fighter jet deal with France and sought stay on it.
The manufacturing sector now contributes about 16-17 per cent to the GDP
The BJP MP in her plea alleged that Gandhi has attributed his personal remarks to the top court and tried to create prejudice.
An excerpt from Conde Nast India's Make In India magazine.
TAL Manufacturing Solutions expects its indigenously made affordable industrial robot, the Brabo, to boost the robotics vertical and contribute almost 40 per cent of its overall revenues in the next five years. Sohini Das reports.
The petition by the trio came two weeks after the apex court had on October 10 asked the Centre to provide details of the decision-making process in the Rafale deal with France in a sealed cover by October 29.
There's a need to train 40,000 pilots over the next year-and-a-half.
The maximum number of banks are from the US (74), followed by China (29) and South Korea (26).
The plea also seeks details of comparative prices during UPA and NDA rule.
Is the price of one fighter Rs 681 crore? Rs 686 crore? Rs 703 crore? Rs 1,063 crore? Rs 1,225 crore?
Defence Ministry says the report is being verified, maintaining that neither Indian nor French government had any say in the decision.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
Both the Apache and Chinook helicopters have been pressed into service as part of the IAF's deployment along the LAC in view of the bitter standoff with China in eastern Ladakh, officials said.
'In the Balakot operation, we had technology on our side, and we could launch precision stand of weapons with great accuracy.'
Prasad alleged there was pressure for extraneous considerations and 'bribe' for not finalising the Rafale deal during the UPA rule.
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Given the urgency, the Indian Navy is buying 24 MH-60R Seahawks in flyaway condition, and plans to build another 99 in India through the strategic partnership route.
Company has secured orders for 450 C919 planes.
F-16 will be there, (Swedish) Grippen, Mirage 2000 and MiG 29 will be there.
What the new defence minister does with the Rafale fighter jet deal will decide if India wants to build genuine, long-term defence capability through an indigenous product that slashes life-cycle costs, or opt for glitzy signing ceremony with foreign vendors that would please the public, says Ajai Shukla.
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