/Tag: Aerospace

India’s Space Odyssey: New frontiers in business & diplomacy

2020-08-20T07:07:58+00:00January 4th, 2019|India Inc News|

Indian Prime Minister Modi’s space diplomacy means business and strategic opportunities for allies; a conundrum for foes, writes India Inc. Founder & CEO Manoj Ladwa. In 2014, within months of coming to power in India, Prime Minister Narendra Modi marked out the next frontier for Indian diplomacy – outer space. But unlike the US and the erstwhile USSR, which used their space expertise and satellites to over-awe and impress allies and adversaries alike, the Indian thrust is based on Modi’s inclusive [...]

Lockheed Martin clinches F-16 fighter jet deal with Tata

2018-12-31T13:34:43+00:00July 14th, 2017|2018/2017, Flagship Scheme, India Investment Journal July Edition, Year|

Tata Advanced Systems Limited (TASL) has signed an agreement with American aerospace giant Lockheed Martin to join hands to produce the F-16 Block 70 in India. The F-16 Block 70 is ideally suited to meet the Indian Air Force’s single-engine fighter needs and the US-Indian industry partnership directly supports India’s initiative to develop private aerospace and defence manufacturing capacity in India under the Make in India initiative, the companies said during the Paris Air Show recently. Chandrasekaran, chairman of Tata Sons, said: “This agreement builds on [...]

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 [...]