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New Delhi [India], April 7 (ANI): External Affairs Minister S Jaishankar on Tuesday met the Foreign Affairs Minister of St. Kitts and Nevis, Denzil Douglas, at Hyderabad House in the national capital, as both sides marked a key diplomatic milestone with the opening of the High Commission of St. Kitts and Nevis in New Delhi. According to the official X post by Jaishankar, the meeting focused on discussing "development projects, health cooperation, digital capacities and disaster response." In a ...Read More >
New Delhi, April 7 (SocialNews.XYZ) External Affairs Minister (EAM) S Jaishankar on Tuesday welcomed the opening of High Commission of St Kitts and Nevis in India, highlighting that this resident presence will prove invaluable in strengthening bilateral ties. At the opening ceremony of the High Commission in New Delhi on Tuesday, EAM Jaishankar reflected that the two nations have shared close and very friendly ties since the establishment of diplomatic relationship in 1983. "All of you are awa ...Read More >
New Delhi, Apr 7 (PTI) India remains committed to supporting the St. Kitts and Nevis in combating the challenges of climate change, External Affairs Minister S Jaishankar said on Tuesday. Jaishankar made the remarks while inaugurating the Caribbean nation's new resident mission in New Delhi alongside Denzil L Douglas, the Foreign Minister of St. Kitts and Nevis. India will support St. Kitts and Nevis in addressing the challenges of climate change through capacity building, technology transfer ...Read More >
New Delhi, Apr 4 (PTI) The defence ministry has initiated the process for the indigenous design and development of a 1000-kg aerial bomb akin to Mk-84 for the IAF, aiming to boost India's 'Aatmanirbharta' in the sector, according to senior officials. The project is structured in two phases. The first involves design and development of six prototypes (live and inert), including associated tail units and equipment, they said. The second is the procurement phase, which will commence with the issu ...Read More >
Manu Pubby New Delhi: Penalties have been imposed on GE Aerospace for delays in supply of F404 engines for the Light Combat Aircraft programme, even as negotiations continue with the US manufacturer for transfer of technology of a more advanced power plant. Hindustan Aeronautics Ltd (HAL) officials said liquidated damages have been imposed on the US company as it failed to deliver engines for LCA Mk1A on time. They added the penalties are being imposed on the delivery of every delayed engine. ...Read More >
Bengaluru: HAL has delivered steady growth in a challenging global environment, leveraging strong execution and a robust order pipeline to maintain momentum in defence and aerospace operations. HAL reported revenue of Rs 32,250 crore for FY26, marking an increase from Rs 30,981 crore in the previous year. The growth came despite delays in key programs such as LCA Mk1A and HTT-40 due to supply chain disruptions. Accelerated deliveries of helicopters, engines, and services helped offset these cha ...Read More >
New Delhi, Mar 31 (PTI) India on Tuesday said it has called for initiating discussion at the WTO on its proposal on the transfer of modern technologies to emerging and least developed economies to help enhance their share in global trade, while pushing for negotiations through "possible new approaches" to move agriculture talks forward. The commerce ministry said the country has also extended its support for robust work at the World Trade Organization (WTO) on digital divide, digital infrastruc ...Read More >
New Delhi: Indigenously developed bio-bitumen, derived from agricultural residues, is emerging as a promising solution to the long-standing challenge faced by farmers in clearing their fields quickly while also addressing the severe air pollution that has consistently troubled northern India for years. Traditionally, the urgent need to prepare land for the next crop cycle has led many farmers to burn stubble, contributing significantly to seasonal smog. Now, an innovative approach is quietly tr ...Read More >
It has already seen successful trial applications, including construction of road stretches, and is now moving towards large-scale deployment. "Even partial substitution of conventional bitumen with bio-bitumen will significantly cut import dependence, strengthen economic resilience, and ensure that infrastructure development remains insulated from global supply disruptions," said Singh. Conventional bitumen, which is a byproduct of crude oil and contains a mixture of hydrocarbons, is used, fo ...Read More >
Ranchi, Nov 20 (PTI) SAIL's Bokaro steel plant on Thursday said it has signed a licencing agreement with DRDO's Defence Metallurgical Research Laboratory (DMRL) for transfer of technology. By this pact, Bokaro steel plant will utilise the technology to manufacture special steel used in defence applications. "By this agreement, DRDO grants a non-inclusive licence to utilise the technology for the manufacture of DMR 249A steel sheets for naval applications in India and sell to Indian armed force ...Read More >
New Delhi, Nov 10 (PTI) India and Vietnam on Monday inked a pact to set up a framework for submarine search, rescue and support mechanism in case of any eventualities. The two sides also signed a letter of intent (LoI) to strengthen bilateral defence industry collaboration. The documents were signed after the two sides held the 15th edition of India-Vietnam Defence Policy Dialogue (DPD) in Hanoi. It was co-chaired by Defence Secretary Rajesh Kumar Singh and Deputy Minister of National Defence ...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 >
RIYADH: Indian companies and business groups are stepping up efforts to tap into Saudi Arabia's growing petrochemical sector, with a focus on refining complexes, technology partnerships, and joint ventures, according to an official at the Indian Embassy in Riyadh. The move underscores the expanding economic cooperation between the two nations, with chemicals and petrochemicals forming a key pillar of bilateral trade. The partnership was further reinforced during a recent high-level meeting aime ...Read More >
New Delhi, Oct 27 (PTI) India must remain ready for a "war-like situation" as the four-day military conflict with Pakistan in May showed anything can happen anytime along the frontiers, Defence Minister Rajnath Singh said on Monday. Addressing an event, Singh said that though India gave a "firm response" to Pakistan during Operation Sindoor, it should serve as a case study to learn and chart the future course of action in dealing with national security challenges. The defence minister said the ...Read More >
Kolkata (West Bengal) [India], October 25 (ANI): Mohd Azhar, Vice President of the Indian Leather Products Association (ILPA), said that Kolkata is focused on leather handbags and that 80% leather bags made here in Kolkata are exported to international markets such as Germany, France, Italy, and Saudi Arabia. "We will expand our market internationally, especially in countries where we have not been in touch earlier," he said. "We hope to boost the leather industry in Kolkata. Kolkata is a majo ...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: 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 >
New Delhi: GE Aerospace has handed over the fourth F404-IN20 fighter jet engine against the order of 2021 to Hindustan Aeronautics Limited (HAL). HAL has acquired 113 F404-IN20 fighter jet engines from GE Aerospace, an American firm, in a deal valued at around USD 1 billion, amid ongoing trade negotiations with the US. The contract for the deal will be signed in October. Speaking with ANI, Dr DK Sunil, HAL Chairman and Managing Director, said that the agreement is expected to be inked by Octo ...Read More >
New Delhi: GE Aerospace has handed over the fourth F404-IN20 fighter jet engine against the order of 2021 to Hindustan Aeronautics Limited (HAL). HAL has acquired 113 F404-IN20 fighter jet engines from GE Aerospace, an American firm, in a deal valued at around USD 1 billion, amid ongoing trade negotiations with the US. The contract for the deal will be signed in October. Speaking with ANI, Dr DK Sunil, HAL Chairman and Managing Director, said that the agreement is expected to be inked by Octo ...Read More >
New Delhi [India], October 1 (ANI): GE Aerospace has handed over the fourth F404-IN20 fighter jet engine against the order of 2021 to Hindustan Aeronautics Limited (HAL). HAL has acquired 113 F404-IN20 fighter jet engines from GE Aerospace, an American firm, in a deal valued at around USD 1 billion, amid ongoing trade negotiations with the US. The contract for the deal will be signed in October. Speaking with ANI, Dr DK Sunil, HAL Chairman and Managing Director, said that the agreement is exp ...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 >
CHENNAI: Auto components maker Wheels India Ltd on Monday said it has signed a significant technical agreement with South Korea's SHPAC, a hydraulics cylinder manufacturer, for technology transfer in manufacturing. Srivats Ram, MD, Wheels India said, "It has been our stated intent to focus and grow the hydraulics cylinder business significantly over the next few years. We believe this business segment has potential to be an important growth driver for Wheels India globally. Wheels India has bee ...Read More >
Wheels India rose 4.30% to Rs 900.70 after the company said it entered into a technical agreement with SHPAC, a South Korean hydraulic cylinder manufacturer, for technology transfer in manufacturing.The company said hydraulic cylinders have been identified as a strategic growth area, and the agreement is expected to support expansion in this segment. Wheels India plans to leverage the partnership to access new global opportunities in the hydraulic cylinder industry. Managing director Srivats Ra ...Read More >
NEW DELHI, SEPT 27: India's food processing sector received strong support from global and domestic investors as the World Food India 2025 summit, organized by the Ministry of Food Processing Industries (MoFPI), surpassed ₹1 lakh crore in Memorandum of Understandings (MoUs) by the end of Day 2. The event, held at Bharat Mandapam, reinforced India's image as a place ready for investment. It featured numerous deals and discussions on technology, sustainability, and international trade. Investmen ...Read More >
Jammu (Jammu and Kashmir) [India], September 26 (ANI): Defence Expert Captain Anil Gaur (Retired) said the Rs 62,370 crore deal between the Ministry of Defence and Hindustan Aeronautics Limited (HAL) for the procurement of 97 LCA Mk1A fighter jets is a 'big boost to Atmanirbharta'. Gaur said the move will address the Indian Air Force's fighter jet shortfall and will strengthen the indigenous defence manufacturing ecosystem. Speaking to ANI on Thursday, Anil Gaur said, "The Ministry of Defence ...Read More >
Jammu (Jammu and Kashmir) [India], September 26 (ANI): Defence Expert Captain Anil Gaur (Retired) said the Rs 62,370 crore deal between the Ministry of Defence and Hindustan Aeronautics Limited (HAL) for the procurement of 97 LCA Mk1A fighter jets is a big boost to Atmanirbharta. Gaur said the move will address the Indian Air Force fighter jet shortfall and will strengthen the indigenous defence manufacturing ecosystem. Speaking to ANI on Thursday, Anil Gaur said, The Ministry of Defence has s ...Read More >
IN-SPACe facilitated the transfer of five ISRO-developed technologies to Indian companies, aiming to reduce import dependence and boost self-reliance. These technologies span sectors like biomedical, solar panel bonding, and aerospace. The agreements, involving NSIL and recipient industries, mark a significant step in commercializing space technologies and expanding their applications beyond the space sector. India's space sector promoter IN-SPACe on Wednesday said it has facilitated the transf ...Read More >
New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russi ...Read More >
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