New Delhi: The Indian Navy today began a fresh process for leasing 24 Naval Utility Helicopters (NUH), issuing a Request for Information (RFI) to foreign vendors. The last date for replying to the RFI is June 18. According to the RFI, the navy plans to keep the helicopters with ground-support equipment for […]
By N. C. Bipindra New Delhi: In a significant business opportunity for local companies in the beginning of a new year, India today approved the $6.5-billion locally-made combat jets procurement for the air force, boosting the aerospace and defence industry that has been fighting hard against COVID-induced negative […]
New Delhi: India will host the AeroIndia-2021 air show in Bengaluru only on business days from Feb. 3 to 5, to conform to global COVID-19 pandemic safety standards and precautions. Minister of Defence Rajnath Singh, who carried out a review of the air show preparations, directed the organisers, […]
(Editor’s Note: The views are that of the author’s. For the writer’s other interests, read the credit line at the end of the article.) By Vishal Nigam In a country as diversified as India, contribution of Micro, Small and Medium Enterprises (MSMEs) to domestic production is unique and […]
Bengaluru/New Delhi: India‘s lone aircraft maker Hindustan Aeronautics Limited (HAL) has signed up a $54-million deal with digital technology company Tech Mahindra to implement a project for overhaul of its business operations. In a statement, HAL said it has got Tech Mahindra for a Rs 400-crore ($54-million) contract […]
By N. C. Bipindra New Delhi: India signing a deal for 93,895 Close Quarter Battle carbines will be a key milestone for United Arab Emirates‘ CARACAL to invest 49 per cent in a Joint Venture with a domestic manufacturer with full technology transfer, the company’s top executive has […]
Hyderabad (India): Cyient, a global digital engineering and technology company, has bagged a partnership with SPRINT, a business innovation support programme, to accelerate innovation in the United Kingdom‘s space sector and to strengthen the mutual focus on industry collaboration. The partnership will enable Cyient to identify new business […]
By Amit Agnihotri New Delhi: As the world economies, shaken by COVID-19, look to relocate their manufacturing facilities from China, India today urged the member-states of a Bay of Bengal regional group to seize the opportunity to drive the industry shift to the region. “The shock of the […]