Sridhar Babu emphasised that a clear roadmap must be created to generate one lakh direct and 1.5 lakh indirect jobs in the aerospace sector.
Andhra Pradesh minister Nara Lokesh invited aerospace industry to his state after Karnataka shelved land acquisition in Devanahalli near Bengaluru airport after sustained farmers’ protests
Apart from expenditure on research and development, the company plans to expand its manufacturing presence in the aerospace supply chain through greenfield expansion or acquisition
Chief Minister Siddaramaiah, after meeting protesting farmers, announced the decision to completely withdraw from acquiring land in the Devanahalli taluk.
If supply-chain disruptions escalates in the next few months, Indian MRO companies will struggle to carry out heavy maintenance and redelivery checks for domestic airlines.
These issues were discussed during the meetings between Commerce and Industry Minister Piyush Goyal and Italy's Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani
Aero India 2025, Asia's largest defense and aerospace airshow, commenced at Bengaluru's Yelahanka Air Force Station with notable figures like Defence Minister Rajnath Singh and Karnataka Deputy Chief Minister DK Shivakumar attending. The five-day event showcases over 9,000 exhibitors, including 150 foreign participants, and emphasizes India’s vision of self-reliance in defense. Aircraft like the Russian Su-57 and US F-35 will perform, while strategic meetings and dialogues aim to enhance defense exports and joint technology production. Singh highlighted Aero India’s role in strengthening India’s defense preparedness and national development. The event will host a range of significant events, including a defence ministers' conclave and the ‘Manthan’ innovation summit, which focuses on startups and MSMEs in defense. A dedicated India Pavilion will display over 275 exhibits, while the iDEX Pavilion highlights innovations secured through procurement contracts worth Rs 1,560 crore. Aero India has evolved since its inception in 1996, growing into a global defense hub.
Details of L&T's expansion plans have not yet been made public, but companies such as L&T are well-positioned to benefit from the growing demand for commercial satellite launches.
The aerospace industry has been asking the government for a production-linked incentive (PLI) scheme to encourage companies to invest in R&D and build capabilities, along with tax breaks for aerospace R &D.
With technological excellence, vertical integration, and a commitment to precision and customisation, Jyoti CNC Automation is driving innovation in CNC machines
Monopoly status, advanced manufacturing capabilities, global partnerships, and a robust order book augur well for the company
Beijing's C919 single-aisle passenger jet is setting the aerospace industry abuzz having won orders for a 1000 planes just months after its first commercial flight. In the duopolistic market, China winning orders — even from domestic clients — has a cost. Each Comac plane is a lost order to Airbus or Boeing. And that pain is being felt, especially in the US
Bharat Forge’s risks from exposure to the auto sector are now in the rear view mirror as non-auto diversifications begin to bear fruit
Rising traffic, a search for alternative sourcing to China and orders this month from Air India and IndiGo for nearly 1,000 jets combined have made India a key market for aerospace.
Production-linked incentive schemes will encourage long-term investment in the sector, said chairman Aravind Melligeri
The company plans to have the new location fully operational by the first quarter of 2024.
Jyotiraditya Scindia also said domestic airlines are together projected to have a fleet of around 2,000 planes in the next five to seven years.
Boeing said stopping production of the F/A-18 jets, which were featured in Tom Cruise-starrer "Top Gun: Maverick", will also allow the company to focus on ramping up output of training jet T-7A Red Hawk and autonomous refueling aircraft MQ-25 Stingray, both of which are produced in St. Louis.
The development of aerospace grade raw materials in the country will help Hindustan Aeronautics Ltd in maintaining its commitment to the armed forces, and will also reduce the nation’s dependency on foreign original equipment makers, a senior HAL official said.
The aerospace company pitched the technique for NASA's Artemis program
Aero India: Over 800 exhibitors will participate in India's biggest aerospace event at the Yelahanka Air Force Station. Check what else is in store for visitors.
The minerals used in magnets in electric motors, membranes in fuel cells for hydrogen technology as well as in aerospace and defence are expensive and often mined in unsustainable ways.
Stalin said the policy aims at providing enhanced support to micro, small and medium enterprises sector and start-ups in the two sectors.
The Indian Air Force chief also advocated the need to use new technologies like Artificial Intelligence (AI), and big data analytics in flight training and testing methodology.
The report by India Exim Bank, titled Reinvigorating Indias Economic Engagements with Southern Africa, was released at the inauguration of the CII-Exim Bank Regional Conclave on India-Southern Africa Growth Partnership