India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
The Business Research Company's Carbon Fiber Composites In Aerospace Market Report 2026 - Market Size, Trends, And Global Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, March 30, 2026 /EINPresswire.com/ -- "The carbon fiber composites in aerospace market are dominated by a mix of global aerospace material manufacturers and specialized advanced composite firms. Companies are focusing on high-strength lightweight carbon fiber composites, resin systems, thermoplastic and thermoset mater
The Boeing 747 Jumbo stands out for being the most popular quad-engined commercial passenger jet to exist. It also boasted the longest production run of any commercial jet in its class. But why was it designed with four engines and not two, three, or even six? When answering this question, it is necessary to look back in time to the 1960s when the original 747-100 was developed. Put simply, the 747 has four engines to meet the Boeing 747-100 performance requirements. In the 1960s, engine technol ...Read More >
New Delhi [India], October 2 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Wednesday held discussions with Airbus Chairman Rene Obermann on opportunities in India's aviation sector and the scope of enhancing cooperation with the global aerospace company. In a social media post, the Minister said, "Welcomed the @Airbus Board, led by their Chairman, Mr. Rene Obermann to India. We had an engaging discussion on the tremendous opportunities offered by Bharat and the strong, growing partnership between Airbus and India's aviation sector." Also Read | Mohan Bhagwat Says 'Pahalgam A ...Read More >
Bengaluru / Hosur : Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. The state-of-the-art facility will focus on the manufacture of advanced composite aero structures and materials for aerospace and defence applications, supporting both domestic programmes and international aerospace supply chains. The form ...Read More >
Hyderabad: In a significant boost for 'Make in India' and 'Atmanirbharta' in the aerospace and defence sector, and Hyderabad's growing stature as a global aerospace hub, the complete fuselage of the Rafale fighter jet will now be made in India at Hyderabad. This move marks the first time that these Rafale components will be manufactured outside France for the Indian as well as global markets.French aerospace major Dassault Aviation has signed four production transfer agreements with Tata Advanced Systems Ltd (TASL) for manufacturing key sections of the Rafale fighter jet, including the lateral ...Read More >
Mumbai, Sep 12 (PTI) Godrej Enterprises Group's aerospace business on Friday said it has secured a mandate to manufacture critical LEAP engine components for Safran Aircraft Engines as part of a five-year contract. LEAP engines are manufactured by CFM International, a joint venture between GE Aerospace and Safran Aircraft Engines. These engines largely power next-generation narrow-body aircraft. Under the contract, GEG will develop titanium material-based complex ventilation assemblies for LEAP engines, it said, adding the production will involve complex machining, precision welding, and adv ...Read More >
India signed a 623.70 billion rupee ($7 billion; €6 billion) contract with national aircraft manufacturer Hindustan Aeronautics (HAL) on Thursday to modernize its armed forces. The deal involves the acquisition of 97 Tejas Mk-1A fighter jets that would be made in India. "This contract reflects the trust and confidence of the government and the armed forces in the indigenously developed aircraft Tejas, which will be the mainstay of the [Indian Air Force] in the years to come," wrote India's Defense Minister Rajnath Singh on the social media platform X. The order was announced a day before th ...Read More >
Hyderabad: After its pivotal contributions to India's aerospace and defence sectors, Hyderabad is now witnessing a new wave of innovation with pioneering startups such as Skyroot Aerospace and Dhruva Space, deputy chief minister Bhatti Vikramarka said on Wednesday.Speaking at Bioinspired Frontiers 2025, a first-of-its-kind conference held to explore the intersections of biomimicry, space exploration, and sustainable economic development, Bhatti said Hyderabad shaped India's scientific destiny for over half a century. "The govt is committed to providing a supportive regulatory environment, incu ...Read More >
Hyderabad: Deputy Chief Minister Mallu Bhatti Vikramarka said Hyderabad has long been a hub of science and innovation and was now emerging as a global centre for system design. Speaking at the Bioinspired Frontiers 2025 International Conference on Space Economy, Biomimicry and Extraterrestrial Resources on Wednesday, he invited global research institutions, investors and innovators to collaborate with Telangana, assuring world-class infrastructure and a supportive ecosystem under Chief Minister A. Revanth Reddy's leadership. Welcoming delegates from across the world, he described Hyderabad a ...Read More >
Bengaluru (Karnataka)/ Hosur (Tamil Nadu) [India], April 1: Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. Also Read | Who Is Sahiba Bali? IPL 2026 Anchor and Actress Facing Backlash Over 'The Kashmir Files' and Pakistan Remark in Old Interview. The state-of-the-art facility will focus on the manufacture ...Read More >
Bengaluru (Karnataka) [India], February 10 (ANI): Defence Minister Rajnath Singh on Monday met Minister Delegate to the Minister of Defence and Chief of Staff of the National Army of Algeria General Said Changeriha in Bengaluru at Aero India 2025. Singh called their meeting a "great interaction." Also Read | US: Judge Finds Trump Administration Hasn't Fully Followed Order To Unfreeze Federal Spending, Orders White House To Release All Money. In a post on X, he said, "Great interaction with the Minister Delegate to the Minister of Defence and Chief of Staff of the National Army of Algeria Ge ...Read More >
Vijayawada (Andhra Pradesh) [India], October 2 (ANI): Minister for IT, Electronics and HRD, Government of Andhra Pradesh, Nara Lokesh on Thursday concluded a high-level meeting in New Delhi with the Board of the $180 bn Aerospace major Airbus, led by Chairman Rene Obermann and the President and Managing Director of Airbus India and South Asia. This is the first time the Airbus board has come to India and is exploring options on 'Make in India' and indigenisation. Minister Lokesh delivered a strategic pitch and presented Andhra Pradesh's proposal to host a large, world-class aerospace manufac ...Read More >
New Delhi [India], July 11 (ANI): The UK India Business Council (UKIBC) has released a report, putting out a slew of recommendations to deepen bilateral defence cooperation between the UK and India. Through the report, UKIBC offered suggestions to the UK government to strengthen commercial ties and align strategic priorities with India, including strengthening G2G ties, strategic communication, and industry engagement. UKIBC is a policy advocacy and strategic consulting not-for-profit, with a mission to grow the UK-India trade and investment. UKIBC also suggested establishing a UK-India def ...Read More >
Hyderabad (Telangana) [India], September 26 (ANI): The Telangana government is working with a clear vision to position the State as the 'Aerospace Capital of India', said IT and Industries Minister Duddilla Sridhar Babu on Friday. According to a release, the Minister chaired a brainstorming session with leading aerospace entrepreneurs and experts at the Dr B.R. Ambedkar Telangana Secretariat, organised in collaboration with the FICCI Telangana Aerospace and Defence Committee. The discussions focused on strengthening the State's aerospace ecosystem, strategies for future growth, and policy mea ...Read More >
Lucknow (Uttar Pradesh) [India], October 18 (ANI): Defence Minister Rajnath Singh on Saturday dedicated to the nation a Titanium and Superalloy Materials Plant at PTC Industries' Strategic Materials Technology Complex in Lucknow here. Spread over 50 acres, the Strategic Materials Technology Complex has been established with an investment of Rs 1,000 crore. With a production capacity of over 6,000 tonnes per annum, this plant enables India to produce aviation-grade Titanium and Superalloys from domestic and recycled sources - a decisive move towards strategic materials independence. Emphasisi ...Read More >
Manipur Starlink: The forensic reports are being tallied by the state and the Centre A Starlink dish and router recovered by the security forces from insurgents in Manipur are non-functional and incompatible in the state bordering Myanmar, sources in the central intelligence agencies have said based on their investigation. "The devices had definitive markings of Starlink, but when we got it examined, we came to know that it is not compatible in this region," a senior officer told NDTV, requesting anonymity. The army handed over the device to the Department of Telecommunications and the Mini ...Read More >
New Delhi, Jun 5 (PTI) Business conglomerate Aditya Birla Group has acquired Cargill's speciality chemical manufacturing facility in Dalton, Georgia. In a statement on Thursday, the group announced the expansion of its US Advanced Materials business with the acquisition of Cargill Incorporated's 17-acre speciality chemical manufacturing facility in Dalton, Georgia. The acquisition continues Aditya Birla's expansion in the US' manufacturing sector, a key aspect of Aditya Birla's growth strategy, which now totals over USD 15 billion in investment. The acquisition was executed through Aditya B ...Read More >
Bengaluru: The Karnataka government on Thursday took strong action against the police officers allegedly responsible for the Bengaluru stampede, suspending several high-ranking officials, including the city's police commissioner. Addressing a press conference, Chief Minister Siddaramaiah also announced a one-man commission to probe the lapses that triggered the deadly stampede. "Cubbon Park Police Station police inspector, station house master, station house officer, ACP, Central Division DCP, cricket stadium in-charge, additional commissioner of police, commissioner of police have been susp ...Read More >
Bengaluru (Karnataka) [India], July 4 (ANI): Reaffirming its commitment to positioning Bengaluru as a global aerospace hub, BEML Limited inaugurated its newly built state-of-the-art warehousing facility, spread over 0.12 acres, at the Karnataka Industrial Areas Development Board (KIADB) Aerospace Special Economic Zone (SEZ), Bengaluru. The facility was inaugurated by Shri Shantanu Roy, Chairman and Managing Director, BEML, in the presence of Functional Directors, senior officials from BEML, and dignitaries from KIADB, an official release added. Also Read | Bihar Assembly Elections 2025: RJD ...Read More >
New Delhi, Jun 5 (PTI) Business conglomerate Aditya Birla Group has acquired Cargill's speciality chemical manufacturing facility in Dalton, Georgia. In a statement on Thursday, the group announced the expansion of its US Advanced Materials business with the acquisition of Cargill Incorporated's 17-acre speciality chemical manufacturing facility in Dalton, Georgia. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reportedly Married. The acquisition continues Aditya Birla's expansion in the US' manufacturing sect ...Read More >
New Delhi, Aug 28 (SocialNews.XYZ) Airbus Helicopters has awarded a contract to Mahindra Aerostructures Pvt Ltd. (MASPL) to manufacture the main fuselage of its H125 helicopter, marking a strengthening of the collaboration between the two companies and the government's 'Make in India' drive. Work on the project will begin immediately at the MASPL factory in Bengaluru, with the first fuselage delivery scheduled for 2027. "This new contract with Mahindra Aerostructures is a testament to the strong capabilities of our partners in India and our shared vision for the country's aerospace sector," ...Read More >
Andhra Pradesh's IT, Electronics and HRD Minister, Nara Lokesh, held a high-level meeting in New Delhi with the Board of Airbus, led by Chairman René Obermann along with the company's President and Managing Director for India & South Asia. This marked the first occasion that the Airbus board convened in India, where it is evaluating possibilities under the 'Make in India' initiative and advancing localisation. During the engagement, Lokesh put forward Andhra Pradesh's vision to host a state-of- ...Read More >
New Delhi [India] October 17 (ANI): In a major boost to India's 'Atmanirbhar Bharat' initiative, Mahindra Group and Brazil's Embraer Defense & Security on Friday announced a strategic cooperation agreement to introduce the C-390 Millennium military transport aircraft in India. The agreement, signed during the inauguration of Embraer's national office in New Delhi, aims to advance the C-390 Millennium solution for the Indian Air Force's Medium Transport Aircraft (MTA) programme. Also Read | 'Thamma' Ignites Diwali Fever: Advance Bookings Soar for Maddock Films' Horror Comedy Starring Ayushman ...Read More >
Bengaluru : Godrej Enterprises Group's Aerospace business today announced that it has entered a contract with Safran Aircraft Engines, a world-class commercial and military engine manufacturer. Under the five-year agreement, Godrej will develop Titanium material-based complex ventilation assemblies for LEAP engines, one of the best-selling commercial aircraft engines in the world. The LEAP engines, developed by CFM International , are powering next-generation narrow-body aircraft. This milestone reinforces Godrej's commitment to advancing India's aerospace manufacturing capabilities and align ...Read More >
VIJAYAWADA: Minister for IT, Electronics and HRD Nara Lokesh on Tuesday held a high-level meeting in New Delhi with the Board of the $180 billion aerospace major Airbus led by Chairman René Obermann and the President and Managing Director of Airbus India and South Asia. For the first time, the Airbus Board has come to India, and is exploring options on 'Make in India' and indigenisation. Lokesh delivered a strategic pitch, and presented Andhra Pradesh's proposal to host a large, world-class aerospace manufacturing facility, anchored by Airbus, and supported by co-located Tier-1 and Tier-2 ve ...Read More >
He was dedicating to the nation a Titanium and Superalloy Materials Plant at PTC Industries' Strategic Materials Technology Complex in Lucknow. With China tightening export rules for crucial rare earths, Defence Minister Rajnath Singh on Saturday said, "India must produce rare materials used in defence and aerospace to become a technology creator and safeguard its technological sovereignty." He was dedicating to the nation a Titanium and Superalloy Materials Plant at PTC Industries' Strategic M ...Read More >
New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grown around licensed manufacturing of mainly airframe structures built to foreign OEM designs. Engines, ...Read More >
Tata Advanced Systems Limited will establish India's first private helicopter Final Assembly Line in Vemagal, Karnataka, for Airbus H125 helicopters. This initiative aims to produce 'Made in India' H125s, boosting civil and para-public markets while addressing Indian armed forces' light multi-role helicopter requirements, particularly for Himalayan operations. Deliveries begin early 2027, with export plans for South Asia. Tata Advanced Systems Limited (TASL) will build India's first private-sect ...Read More >
Bengaluru: Deputy chief minister DK Shivakumar highlighted Bengaluru's dominance in India's aerospace sector during the inauguration of the 15th edition of Aero India, claiming the city controls more than 60% of the country's aerospace manufacturing and defence research operations. He stressed Karnataka's critical role in India's aerospace ambitions, noting that the state contributes 67% of aircraft and helicopter manufacturing for defence services and 65% of aerospace-related exports. In an appeal to defence minister Rajnath Singh, Shivakumar called for incentives to establish complete airc ...Read More >
Hyderabad: In a major leap for India's defence and manufacturing sectors, the Tata Advanced Systems Limited (TASL) has inked a breakthrough deal with French aerospace major Dassault Aviation to produce the full fuselage of Rafale fighter jets in India -- a first in the jet's global production history. Marking a historic shift, the core structural components of the French-origin combat aircraft -- until now manufactured exclusively in France -- will be built at a new state-of-the-art facility that TASL will set up in Hyderabad. The components to be produced include the lateral shells of the re ...Read More >
New Delhi, Aug 28 (PTI) Airbus has awarded a contract to Mahindra Aerostructures to manufacture the main fuselage of the H125 helicopters as the aerospace major boosts its Make In India efforts. The latest development comes less than five months after the company awarded the contract to Mahindra Aerostructures Pvt Ltd (MASPL) for manufacturing the main fuselage for H130 helicopters in April. "The production contracts for the H125 and H130 aerostructures to MASPL firmly integrate India into Airbus Helicopters' global value chain, strengthening the country's 'Make in India' initiative," Airbus ...Read More >