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.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
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.
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.
Clearly, he is in the right place, at the right time.
The Indian Air Force has 31 fighter squadrons as against authorised strength of 42 squadrons.
Lockheed, which has a longstanding relationship of 25 years with India, unveiled the F-21 during the Aero India show in Bengaluru in February, saying it will address the Indian Air Force's unique requirements.
Applications are invited for admission to MTech programme at IIT Madras under sponsorship scheme.
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.
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.
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.
IIT Kanpur invites applications from Indian citizens for admission for the session commencing July 2008.
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.
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.
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The nomination of cluster heads for defence, infrastructure and finance business is awaited.
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.
'To neutralise these two threats, the military requires extraordinary offensive capabilities, which are available with the West alone.'
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.
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.
Once ISRO masters the technology to send humans into space, the next step will be experimenting with technologies allowing humans to live in space.
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.
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.
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
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.
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.
The Indian Institute of Space Science and Technology is organising Student Counselling for admission to its courses.
The fleet landed at Al Dhafra airbase on Monday in the United Arab Emirates after flying for over seven hours from the Merignac airbase. It was the only stopover by the jets while flying from France to India.
The seventh edition of Aero India 2009, billed as Asias largest biennial air show, which begins today, will focus on business-to-business (B2B) deals that involve both Indian and foreign vendors as well as government organisations.
Opposing the grant of a contract to an Israeli defence firm for supply of missile defence systems, the Left parties have asked the government to cancel the Rs 10,000 crore deal and not "subvert" India's own missile programme which was superior.
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.
If a NASA based competition is anything to go by, then private firms seem all eager to conceptualize flights to the Moon. According to a report in Discovery News, the first $1 million prize for demonstrating a lunar landing system is due to be awarded at the end of October. The front-runner is Texas-based Armadillo Aerospace, which this month made back-to-back flights of a vehicle named Scorpius.
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 on Saturday successfully test-fired its 290-km range BrahMos supersonic cruise missile from the navy's newest destroyer INS Kolkata.
The deal, amounting to $ 2.1 billion, will get for Indian Navy eight Boeing P-81 long-range maritime reconnaissance aircraft
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.
Infosys is planning to hire the first 500 within two years.
Two-time Pulitzer Prize winner Paul Salopek is on an intercontinental journey of 24,000 miles, tracing humankind's movement out of Africa right down to South America.
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