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New Delhi: India and Brazil on Thursday agreed to deepen their economic engagement by expanding the scope of their Preferential Trade Agreement (PTA) under the Mercosur framework. As a part of this effort, the two countries have set a new bilateral trade target of $20 billion by 2030, up from $12 billion in 2024. At the India-Brazil Business Dialogue in New Delhi, Brazil's Vice President and Minister for Development, Industry, Trade & Services, Geraldo Alckmin, said the two nations were "comple ...Read More >
Vijayawada: Calling Prime Minister Narendra Modi "the leader of the 21st Century," Chief Minister N. Chandrababu Naidu said the "double-engine" NDA government at the Centre and in AP has brought double benefits to the state. Speaking at the Super GST-Super Savings, Bachhat Utsav public meeting in Kurnool on Thursday, the CM hailed the Centre's cooperation for bringing record-level investments to the state and said, "Modi's victory is India's victory -- and that is our victory too." Lauding the ...Read More >
Bengaluru/Vijayawada: Google's proposed $15 billion AI data centre in Visakhapatnam sparked a war of words between the IT ministers from Karnataka and Andhra Pradesh on Thursday, with both trading barbs over each other's investment climate.Terming the Andhra model of offering economic largesse to entrepreneurs an "economic disaster in disguise", Karnataka IT-BT minister Priyank Kharge said Andhra's incentives have come at a steep cost. "They are boasting of Google's investment, but hiding the ma ...Read More >
NEW DELHI: Rolls-Royce has signed an agreement with Bharat Forge Ltd to manufacture and supply fan blades for Rolls-Royce's Pearl 700 and Pearl 10X engine. Rolls-Royce plans to double its supply chain sourcing from India by 2030 through building in-country capabilities and strategic local partnerships. The contract with Bharat Forge was signed at Rolls-Royce's Dahlewitz facility near Berlin. Bharat Forge is a major global supplier of precision aerospace components.Rolls-Royce India EVP (transfor ...Read More >
Pune, Oct 16 (SocialNews.XYZ) Defence Minister Rajnath Singh on Thursday said that Operation Sindoor was a symbol of the country's self-reliance, and the Army performed bravely using weapons made in India. "The Indian youth have taken a big initiative in the production of defence equipment, and in the last 10 years, our defence equipment production has increased from Rs 46,000 crore to Rs 1.50 lakh crore. In this, the private sector has contributed about Rs 33,000 crore. The goal is to increase ...Read More >
The Andhra Pradesh government approved two Raymond Group investments totaling Rs 940 crore in aerospace and automotive manufacturing under Industrial Development Policy 4.0. JK Maini Global Aerospace will invest Rs 510 crore in Satya Sai district, creating 1,400 jobs, while JK Maini Precision Technology will invest Rs 430 crore in Gudipalli, generating 4,096 jobs. The Andhra Pradesh government said on Wednesday that it approved two investments by the Raymond Group worth Rs 940 crore, covering a ...Read More >
BHUBANESWAR: Vedanta chairman Anil Agarwal has approached Odisha Chief Minister Mohan Charan Majhi to seek support in fast-tracking clearances and accelerating the implementation of the company's ambitious USD 20-billion aluminium project. Vedanta has already committed Rs 1.27 lakh crore investment for a 3 million tonne per annum (MTPA) aluminium smelter in Dhenkanal district and Rs 1 lakh crore investment for a 6 MTPA refinery in Rayagada district. In a letter to the chief minister, Agarwal s ...Read More >
They are aimed at transforming the industries sector in the State by positioning it an attractive destination for sustainable initiatives. Industries Minister P. Rajeeve on Wednesday unveiled three policies -- Kerala Export Promotion Policy; Kerala Logistics Policy; and Kerala Environmental, Social, and Governance (ESG) Policy as well as the Kerala Hi-Tech Framework, aimed at transforming the industries sector in the State by positioning it an attractive destination for sustainable initiatives. ...Read More >
Thiruvananthapuram: State govt on Wednesday launched new policies on export promotion, logistics and ESG (environment, social and governance), along with a Hi-Tech Framework. These initiatives are part of efforts to strengthen state's industrial base and attract investments aligned with its New Industrial Policy (NIP).Industries minister P Rajeeve said the initiatives are intended to consolidate Kerala's position as a destination for sustainable and technology-driven industries. He addressed a n ...Read More >
Chennai, Oct 8 (SocialNews.XYZ) Former India captain Mahendra Singh Dhoni has come in for praise from social media after completing drone pilot training and becoming an expert in aviation technology. The former India captain completed his course from Garuda Aerospace, India's leading drone manufacturer and DGCA-approved Remote Pilot Training Organisation (RPTO) in Chennai, of which he is also brand ambassador. The social media reacted positively to the news of Dhoni becoming a certified drone ...Read More >
New Delhi [India], October 7 (ANI): India's legendary captain, MS Dhoni, known for his affinity for machinery, announced on Tuesday that he has completed the DGCA Drone Pilot Certification program. Dhoni, who has openly expressed his fondness for bikes, has added another feather to his cap. He has officially obtained a drone pilot licence from Garuda Aerospace. After completing the rigorous training program, Dhoni is now certified to fly drones. "Happy to announce that I have completed my DGCA ...Read More >
The Tejas is not an amazing aircraft. But it gave India the seeds of an indigenous defense industry capable of taking on more complex aerospace programs in the future. The HAL Tejas is India's first ever domestically developed supersonic combat aircraft, marking a variety of significant milestones from political to industrial to aerospace performance. Designed as a light, single-engine multirole fighter, the Tejas emphasizes agility, low weight, and modern avionics rather than size or power. W ...Read More >
Union Minister of Commerce and Industry, Piyush Goyal, on Friday held discussions with Singapore Prime Minister Lawrence Wong Union Minister of Commerce and Industry Piyush Goyal on Friday held discussions with Singapore Prime Minister Lawrence Wong to further strengthen the comprehensive strategic partnership between India and Singapore. In a social media post, Minister Goyal expressed his delight over the meeting, stating that the discussions reaffirmed the commitment of both countries to bu ...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 >
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. Also Read | Duplicate Ghee in ...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 st ...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 ...Read More >
New Delhi: The government is looking at options of restructuring public sector giant Hindustan Aeronautics Limited (HAL) to improve its efficiency and speed up delivery of orders to the armed forces. The process to forge a roadmap has begun, with the focus being on improving the current structure and the options include creation of independent entities focused on different aspects of aeronautical manufacturing. Sources said that an external consulting group, hired for the task by the government ...Read More >
Air Chief Marshal Singh criticised Hindustan Aeronautics Ltd (HAL) for not delivering any of the promised 83 Tejas Mk 1A jets to the Indian Air Force. He questioned why it was not prioritising this project and rebuked the "chalta hai" attitude, expressing concerns over national security. Even now, not a single Tejas Mk 1A jet has been delivered. Additionally, 36 MiG-21 fighter jets were retired last week in a decommissioning ceremony in Chandigarh, with the Chief of the Air Staff flying one. T ...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-sec ...Read More >
New Delhi: The delivery of the first 'Made in India' Airbus H125 helicopter is expected in early 2027 which will be available for exports in the South Asian region as well, it was announced on Wednesday. India's first helicopter Final Assembly Line from the private sector, to be established by Tata Advanced Systems Limited (TASL) to build the Airbus H125 helicopters, will be located in Vemagal in Karnataka. The move promises to unlock the full potential of the rotorcraft market in South Asia. ...Read More >
Bengaluru : Aequs Limited ("Aequs"), the only precision component manufacturer operating within a single special economic zone in India to offer fully vertically integrated manufacturing capabilities in the Aerospace and Consumer Segments (Source: F&S Report), will raise fresh capital of up to Rs. 720 crores through an initial public offering (IPO). Aequs has filed an updated draft red herring prospectus (UDRHP1) for a Fresh Issue comprising Equity Shares bearing face value of ₹ 10 each aggrega ...Read More >
New Delhi [India], October 1 (ANI): India's first helicopter Final Assembly Line from the private sector, to be established by Tata Advanced Systems Limited (TASL) to build the Airbus H125 helicopters, will be located in Vemagal in Karnataka. A joint press release added that the move promises to unlock the full potential of the rotorcraft market in South Asia. The 'Made in India' H125 helicopter will help develop new civil and para-public market segments and also meet the Indian armed force's ...Read More >
New Delhi [India], October 1 (ANI): India first helicopter Final Assembly Line from the private sector, to be established by Tata Advanced Systems Limited (TASL) to build the Airbus H125 helicopters, will be located in Vemagal in Karnataka. A joint press release added that the move promises to unlock the full potential of the rotorcraft market in South Asia. The Made in India H125 helicopter will help develop new civil and para-public market segments and also meet the Indian armed force requir ...Read More >
Gurugram - Airbus and Air India have inaugurated a world-class pilot training centre in Gurugram, Haryana. This benchmark facility will train more than 5,000 new pilots over the next decade to support the exponential growth of commercial aviation in India. The 50:50 joint venture facility was inaugurated by India's Minister of Civil Aviation Shri Rammohan Naidu Kinjarapu, in the presence of Air India CEO Campbell Wilson as well as Airbus Chief Executive Officer of Commercial Aircraft Christian ...Read More >
With his state's shrimp farmers hit by the White House's tariffs, Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday met Finance Minister Nirmala Sitharaman to seek funds under the Purvodaya scheme to "strengthen" the aquaculture sector. In the 2024 Lok Sabha polls, the Bharatiya Janata Party (BJP) fell 32 seats short of the majority mark. Bihar's Janata Dal (United), led by Chief Minister Nitish Kumar, and Andhra's Telugu Desam Party (TDP), headed by Naidu, became crucial constituent ...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 ae ...Read More >
Rajnath Singh underlined the importance of synergy among the three services. (File) New Delhi: The tri-services synergy with unified real-time operational coherence demonstrated during Operation Sindoor was a "living example" of delivering decisive results and it must become the benchmark for all future military actions, Defence Minister Rajnath Singh said on Tuesday. In an address at an event, he asserted that jointness among the three services is not only a matter of policy but a matter of ...Read More >
Air Marshal Bharti stressed the importance of self-reliance in the defence sector. New Delhi: Deputy Chief of the Air Staff, Air Marshal Awadhesh Kumar Bharti, on Tuesday stressed that India's defence sector is making significant strides towards self-reliance, with the Indian Air Force (IAF) actively pursuing indigenous projects. Air Marshal Bharti emphasised the importance of indigenous engine production, stating that within the next 10-12 years, India aims to develop its own engine. This am ...Read More >
New Delhi: Chief Minister Nara Chandrababu Naidu on Tuesday presented Andhra Pradesh as a global investment hotspot at an industrial meeting in New Delhi. He highlighted his government's plans to create two million jobs, develop 40,000 acres of industrial land and build world-class infrastructure across ports, logistics and smart cities. Speaking at the curtain-raiser for the 30th Confederation of Indian Industry (CII) Partnership Summit, Naidu invited global investors to join the state's growt ...Read More >
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