How India’s goal for self reliance is transforming aerospace

    2020-03-12T14:19:09+00:00March 15th, 2017|2018/2017, India Investment Journal March Edition, Sector Focus/Aerospace, Year|

    The Indian government’s goal to achieve self-reliance is on track, writes a senior adviser in the defence sector. India’s defence budget has grown manifold over the last seven decades to $39 billion in 2017-18, which is around 1.6 per cent of the country’s gross domestic product (GDP). Overall, India contributes nearly 3 per cent to the world’s defence and aerospace spending of about $1.7 trillion and ranks among the top five countries in the world in terms of military expenditure [...]

      Aerospace industry takes flight with Make in India

      2018-12-03T13:14:51+00:00March 15th, 2017|2018/2017, India Investment Journal March Edition, Sector Focus/Aerospace, Year|

      It is dubbed Asia’s largest air show and the 2017 edition of Aero India in Bengaluru recently proved the ideal showcase for the Indian government’s plans to transform India into a global manufacturing hub. The highlight of this year’s Aero India was a dual role combat-capable Advanced Hawk jet trainer, developed jointly by the UK's BAE Systems and India's public-sector Hindustan Aeronautics Limited (HAL) being formally unveiled. The smart weapons-enabled Advanced Hawk prototype, scheduled to undertake its maiden test flight [...]

        Indian-made jet engines all set to take flight

        2018-12-03T12:47:41+00:00March 15th, 2017|2016, 2018/2017, India Investment Journal March Edition, Sector Focus/Aerospace, Year|

        Rolls-Royce started its relationship with India over 80 years ago with its engines powering the first civil and military aircraft in the country. Chris Cholerton, President – Defence Aerospace at one of the world’s leading manufacturers in the sector, tells ‘India Investment Journal’ how a focus on technology and capability transfer has contributed towards India’s sustainable growth. How is Rolls-Royce supporting the India growth story? Today, as an investor, a high skills employer and a supplier of power systems across [...]

          Aerospace makes an Indian mark

          2018-12-03T12:43:09+00:00March 8th, 2017|2018/2017, India Investment Journal March Edition, Sector Focus/Aerospace, Year|

          The Indian defence-aerospace industry is taking baby steps in the world of aircraft, missile and radar development. There will be massive opportunities over the next decade for Tier 2, Tier 3 and Tier 4 firms in the West to form lucrative long-term JVs with Indian partners. India is negotiating the sale indigenously designed Akash surface to air missiles to Vietnam. Almost simultaneously, the Government of India has also cleared a Rs 17,000-crore (($2.6 billion) agreement o jointly develop a medium [...]