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New Delhi: French President Emmanuel Macron is visiting India. Today, February 17, he will participate in several programs with Prime Minister Narendra Modi. Afterwards, both leaders will depart for New Delhi. This is Macron's first official visit to Mumbai. The visit also highlights the potential defence deal between India and France, especially the Hammer missile. It is speculated that an agreement may be reached between India and France to manufacture the Hammer missile in India. Let's take ...Read More >
New Delhi, Nov 4: India is set to give its aerospace ambitions a major boost with an investment of about ₹65,400 crores ($7.44 billion) to develop and produce fighter jet engines by 2035. The initiative aims to make India self-reliant in one of the most critical areas of defense aircraft propulsion, according to the Times of Oman. The project represents a strong step toward reducing dependence on imports and producing engines capable of powering the next generation of Indian fighter jets. From ...Read More >
Tata Advanced Systems, in partnership with Safran Aircraft Engines, inaugurated a manufacturing facility at the Tata Centre of Excellence for Aero Engines in Adibatla, Hyderabad. The facility will produce complex rotating parts for the CFM LEAP engine, including cutting-edge machining and special processes under one roof. The collaboration was announced in January 2024, when both companies signed a long-term agreement for the production of rotating parts for the LEAP engine, developed by CFM In ...Read More >
India plans to invest approximately 654 billion rupees by 2035 for fighter jet engines, requiring around 1,100 units for ongoing programs. Efforts are underway to develop indigenous engines, with a Kaveri derivative eyed for unmanned vehicles. A co-developed 5th-gen stealth fighter engine is also in the works, attracting international interest. India expects to spend about 654 billion rupees ($7.44 billion) to buy engines for fighter aircraft that are under development until 2035, according to ...Read More >
GE Aerospace is addressing aviation's constrained supply chain with its proprietary FLIGHT DECK lean operating model. This initiative has already achieved significant improvements, including a 50% reduction in LEAP engine test cycle times and a 26% increase in supplier material input. The company is actively collaborating with Indian manufacturers and suppliers to mitigate these industry-wide challenges. The overall supply chain situation in the aviation industry is constrained and GE Aerospace ...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 >
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 fo ...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 focu ...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 mileston ...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 LEA ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi: India's second indigenous aircraft carrier, after the INS Vikrant, is likely to be nuclear powered. This is part of a 15-year defence modernisation plan announced on Friday. The plan also envisages Indian-made fighter jets to be based on this aircraft carrier. India's strategic defence plans hinge upon indigenously built weapons systems that proved to be extremely effective during Operation Sindoor, the four-day conflict against Pakistan that followed the Pahalgam terror attack in J ...Read More >
India is bracing for potential trade turmoil with the US as proposed 50% tariffs loom. Economist Swaminathan Aiyar suggests the dispute transcends trade, implicating geopolitics due to India's stance on Russian crude oil. Aiyar cautions about the impact on India's defense ties with the US, questioning future arms purchases if treated unfavorably. With just one day to go before the proposed 50% tariffs come into effect, India is bracing for a stormy phase in its trade relations with the United S ...Read More >
MUMBAI: Reliance Industries, India's largest company in terms of market value, reported a 76% increase in quarterly profit to Rs 30,681 crore on Friday, led by gains from the sale of some of its listed investments and strong growth across its key businesses. Other income surged 280% to Rs 15,119 crore due to profit (Rs 8,924 crore) on sale of its stake in Asian Paints. Excluding the Rs 8,924 crore gain, profit was higher by 25%. Earnings was also driven by a rebound in its oil-to-chemicals (O2C) ...Read More >
New Delhi: The Ministry of Defence has reportedly proposed development of next-generation fighter jet engines in collaboration with France. The aim of the project is towards self-reliance in design and manufacturing of such technologies in India. All fighter aircraft in India's fleet currently operate with engines of foreign origin. A substantial portion of fighter aircraft costs is attributed to engine procurement and maintenance. Conservative projections indicate India's requirement for more ...Read More >
NEW DELHI (Reuters) -India's aviation watchdog reprimanded Air India's budget carrier in March for not timely changing engine parts of an Airbus A320 as directed by European Union's aviation safety agency, and falsifying records to show compliance, a government memo showed. In a statement, Air India Express told Reuters it acknowledged the error to the Indian watchdog and undertook "remedial action and preventive measures". Air India has been under intense scrutiny since the June Boeing Dreaml ...Read More >
NEW DELHI - India's aviation watchdog reprimanded Air India's budget carrier in March for not timely changing engine parts of an Airbus A320 as directed by European Union's aviation safety agency, and falsifying records to show compliance, a government memo showed. In a statement, Air India Express told Reuters it acknowledged the error to the Indian watchdog and undertook "remedial action and preventive measures". Air India has been under intense scrutiny since the June Boeing Dreamliner cras ...Read More >
NEW DELHI (Reuters) -India's aviation watchdog reprimanded Air India's budget carrier in March for not timely changing engine parts of an Airbus A320 as directed by European Union's aviation safety agency, and falsifying records to show compliance, a government memo showed. In a statement, Air India Express told Reuters it acknowledged the error to the Indian watchdog and undertook "remedial action and preventive measures". Air India has been under intense scrutiny since the June Boeing Dreaml ...Read More >
Hyderabad: Hyderabad-based Brihaspathi Technologies, an AI surveillance and security solutions provider, on Thursday said it has raised $10 million in funding from foreign institutional investors and others. Brihaspathi will use the capital to establish a new 72,000 sq. ft. CCTV manufacturing facility in Hyderabad, which is expected to be operational by the end of the current financial year, the company said in a statement. It also plans to hire over 400 new employees. The company has been awa ...Read More >
Bengaluru: Indian drone startup Raphe mPhibr raised $100 million, led by General Catalyst, marking the largest private fundraise in the sector by an Indian company to date. The round also saw participation from existing investors Think Investments, Amal Parikh, and other family offices, bringing the company's total capital raised to $145 million.The fresh funds will be used to expand Raphe mPhibr's end-to-end aircraft design, engineering, and manufacturing facilities as it positions itself to su ...Read More >
India - Agri Minister assures hailstorm-hit Shopian farmers of multi-channel compensation In the wake of the recent devastating hailstorm that caused significant damage to crops in Chitragam area of south Kashmir's Shopian district, Minister for Agriculture, Javed Dar on Tuesday visited the affected fields to assess the situation firsthand and to express solidarity with the distressed farming community. Speaking to reporters, the minister said the government is making all possible efforts to i ...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 Advance ...Read More >
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