Italy's Deputy Minister for Economic Development Michele Geraci said that his government is finalising a programme to attract more foreign investments by cutting red-tape, increasing fiscal incentives, and speeding up the procedures of legal disputes.
The aerospace and defence manufacturing hub will come up in Hosur, spread over 600 acres
India is also rated among the largest markets by internationally linked small- and medium-size enterprises (SMEs) which plans to expand supplies to Indian customers or form joint ventures in the country to make their components for exports.
Here's all you need to know about India's first for-profit, aerospace research team looking to send an unmanned spacecraft to the Moon.
"Maybe... India clearly is the top centre of innovation in the world," Caine told PTI when asked whether Thales is planning to open its new India innovation centre.
Tata Advanced Systems Limited, Tata Consultancy Services, Tata Advanced Materials Limited, Tata Motors Limited, Titan Company Limited, Tata Steel (Specialty Steel business in Europe), TAL Manufacturing Solutions Limited and Tata Power Strategic Engineering Division are participating in the show.
World‘s largest forging company Bharat Forge on Wednesday said that it is expecting accelerated revenue from non-auto segments like defence, railways, aerospace in the coming quarters aimed at becoming net debt free next year.
A US aircraft manufacturer will invest USD 767 million (5.3 billion yuan) in northwest China's Shaanxi province to build a helicopter assembly line as well as a drone research and development centre.
CRRC Zhuzhou Institute Co. Ltd, a state-run locomotive maker based in Zhuzhou City in central China's Hunan province, said that it exported eight-inch insulated gate bipolar transistor (IGBT) chips to India.
Butler Aerospace provides engineering, design services and aftermarket engineering services to US aerospace and defence customers, providing them services in areas of mechanical and structural design, electrical design, tool design and aftermarket engineering services.
In an interview to CNBC-TV18, BVR Mohan Reddy, Founder & Executive Chairman of Cyient spoke about the results and his outlook for the company.
India has sealed a mega Rs 58,000 crore deal to buy French Rafale fighter jets. In an interview to CNBC-TV18, Rajinder Bhatia, President & CEO- Defence & Aerospace at Kalyani Group said that the details of the deal are yet to be seen but they should be able to take some benefit out of this.
Wipro Infrastructure Engineering (WIN) will acquire Israel-based H R Givon, supplier of metallic parts and assemblies to the aerospace industry, in an all-cash deal.
American aerospace major Lockheed Martin, which has offered to build F16 fighter jets under 'Make in India' initiative, has shown interest in expanding its footprint in India and "stepping up investments", officials said on July 7
SpiceJet, which connects 35 destinations in different parts of the country, expects the move to help it attract more passengers from Tier II and III cities as well as result in overall increase in revenues in due course.
In an interview to CNBC-TV18, GK Pillai, MD and CEO of Walchandnagar said the company has an orderbook of Rs 1000 crore, from which it expects a revenue Of Rs 600 crore in FY17 and a profit before tax of Rs 60 crore.
Ever since its first engagement with India started way back in 1962, the Airbus Group has had a dream run in the Indian aviation space.
In an interview with CNBC-TV18, JD Patil, Senior VP and Head of Defence and Aerospace at L&T said that the current government has provided orders worth Rs 2.4 lakh crore over the last two years.
Speaking to CNBC-TV18, Pillai said that main focus will be on manufacturing projects hereon than engineering, procurement, construction (EPC) ones.
Ways to contain radicalism, stepping up counter-terrorism cooperation and dealing with the ISIS will figure prominently in talks Al Nahayan will have with Prime Minister Narendra Modi on Thursday, UAE Ambassador Ahmed Al Banna said.
The statement of intent was signed today by representatives of both companies in the presence of Prime Minister Narendra Modi and French President Francois Hollande.
LDRA Technology Pvt. Ltd (a subsidiary of LDRA Ltd. UK), the leader in standards compliance, automated software verification, source code analysis ...
Airbus, Europe's largest aerospace group, is currently selling several businesses to focus its defense division on warplanes, missiles, launchers and satellites.
"As per the JV agreement, Lumax will hold 51 percent equity with management control over the JV and SIPAL S.p.A. will hold 49 percent equity in the new JV company under formation as Lumax SIPAL Engineering Private Ltd," Lumax Auto Technologies said in a BSE filing.
'Govt trying to The Civil Aviation Ministry has extended the deadline for submitting public comments on the draft policy till November 30.