Archive For The “Business” Category

ROLLS-ROYCE BETS BIG ON GAS TURBINE ENGINE TECHNOLOGY FOR AMCA WITH DRDO

British jet engine-maker Rolls-Royce is betting big on developing gas turbine technology in India in collaboration with the Defence Research and Development Organisation (DRDO). It also planning to introduce the Trent 700 jet engines to India. “As a gas turbine engine company, naturally we are in constant discussion with DRDO on possible opportunities for technical […]

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India may agree to buy Japanese US-2i aircraft for $1.3 b

India may finally agree to buy the Japanese ShinMaywa US-2i amphibious aircraft in a deal worth $1.30 billion for the Navy during the visit of Japanese Prime Minister Shinzo Abe during September 13-14. The deal, it seems, got finalised during a meeting between former Defence Minister Arun Jaitley and Japanese Minister of Defence Itsunori Onodera […]

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Trump regime supports sale of F-16 and F-18 to India

The Trump administration has told the U.S Congress that it “strongly supports” the sale of F-18 and F-16 fighter planes to India, built by American companies Boeing and Lockheed Martin respectively. Both companies have offered to assemble these planes in India, should New Delhi decide to buy them. President Donald Trump is in principle against […]

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Israel Aerospace Industries looks to expand presence in India

Israel Aerospace Industries (IAI) is looking to secure further expansion in India through partnerships with local firms, Shalom Revivo, IAI’s executive director of international sales and marketing, has told Jane’s . Earlier in 2017 IAI announced a host of partnerships in the country with companies including Wipro, Kalyani Group, Dynamatic Technologies, and Taneja Aerospace in areas such […]

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Aircraft Recycling International signs MOU with Honeywell, co-develop used aircraft solutions

Aircraft Recycling International (ARI), the first full life solutions provider for used aircraft in Asia, is pleased to announce that it has signed a Memorandum of Understanding with Honeywell Aerospace via its wholly-owned subsidiary, China Aircraft Disassembly Centre (Hong Kong) Limited Company, with regards to the parties’ strategic cooperation intention for expanding aircraft maintenance and […]

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ISRO, NASA to collaborate on space-based sensors, radar systems

India’s space agency, ISRO, and NASA of the US are working on the development of advanced space-based sensors and radar systems that can help sharpen earth observation applications in the future, according to Tapan Misra, Director of the Ahmedabad-based Satellite Application Centre (SAC). One of the focus areas of the joint venture called NISAR (NASA-ISRO […]

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FLY A JET YOU DON’T OWN

If owning a business jet seems tough, the other business mode that has worked in the west is fractional jet ownership. A company or individual buys, or leases, a fractional interest in one aircraft just as they might acquire a partial interest in one condo unit. The concept is still new in India. The future […]

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ISRO to sign MoU with CSIR-NPL to make desi GPS a reality soon

Seeking to make desi GPS – indigenous regional positioning system named as Navigation with Indian Constellation (NavIC) – independent from the US clock system, the Indian Space Research Organisation (ISRO) will sign an MoU with CSIR-National Physical Laboratory (NPL) for time and frequency traceability services. The move will help the desi GPS get formally synchronized with the Indian Standard […]

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India, Russia to soon ink deal on fifth generation fighter aircraft

Russia was the only country for India that transferred all technologies without restrictions, declared Mr Sergei Chemezov, the CEO of Rostec, to the Indian media. Rostec is a Russian state corporation, comprising hundreds of entities, that develops and promotes hi-tech defence and civilian products worldwide. Mr Chemezov was speaking on the sidelines of MAKS 2017 […]

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Israel to partner DRDO for developing missile defence system for India

In a major upgrade to its defences, the Indian Army has signed a MoU with the Defence Research and Development Organisation (DRDO) to raise one regiment of the advanced Medium Range Surface to Air Missiles (MRSAM). The army plans to have a total of five regiments of this air defence system, which will be deployed […]

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