aerospace industry

New Delhi, March 25 India is increasing its domestic production of rare earth permanent magnets, which are crucial for electronics, space, aerospace, defense, and electric vehicles, with the first-ever Samarium Cobalt plant becoming operational in 2023, Union Minister Jitendra Singh said on...

Bengaluru, March 13 The Karnataka government has approved industrial projects with a total investment of ₹4,824.31 crore, which will generate 14,525 new employment opportunities in the state, Industries Minister M B Patil said.The 158th State Level Single Window Approval Committee meeting...

London, March 12 The Consulate General of India (CGI) in Manchester is celebrating its first anniversary, launched last March by External Affairs Minister S Jaishankar, with a major summit to showcase investment opportunities for Indian businesses in northern England.The inaugural...

Lucknow, March 12 The Uttar Pradesh Defence Industrial Corridor (UPDIC), launched in 2018, has attracted investment proposals worth ₹35,526.76 crore so far, with nine units becoming operational across its six nodes in the state, according to officials.Developed by the Uttar Pradesh Expressways...

Mumbai, March 10 Aviation MRO provider Haveus Aerotech announced on Tuesday that it has received approval from the DGCA to expand its services at Bengaluru and Delhi facilities.The Gurugram-based company has secured approval from the aviation regulator, DGCA, for its Bengaluru facility to...

New Delhi, March 9 The Ministry of Civil Aviation informed the Rajya Sabha on Monday that, following privatization, Air India's workforce has been modernized through hiring, restructuring contracts, and offering exit options for employees without tenure."The employee base is younger, more...

Civil Aviation Minister Ram Mohan Naidu stated that the nation has become a hub for Global Capability Centers, with Airbus establishing its second-largest digital center outside Europe in India.Speaking at the virtual inauguration of the Airbus India Technology Centre in Bengaluru today, Mr...

New Delhi, March 2 Kochi-based electronics manufacturing services (EMS) provider SFO Technologies announced on Monday that it has raised over ₹750 crore in a funding round led by Trident Growth Partners (TGP) and Amicus Capital Partners.The funding round also saw participation from other...

New Delhi, March 1 Air India is making modifications to the faucet control modules in most of its Dreamliners, following a revised directive from the US Federal Aviation Administration (FAA) to modify modules susceptible to water leaks that could impact the aircraft's electronic equipment.The...

Amaravati, February 25 Andhra Pradesh Mines Minister K Ravindra said on Wednesday that the government is working towards developing the state as a "rare earth element corridor".Addressing a workshop in Vijayawada, the minister noted that beach sand minerals are key for the industrial...

Germany/Lucknow, February 24 A delegation from Uttar Pradesh, which is on a visit to Germany, met representatives of the German-Israeli company Quantum Systems on Tuesday and invited them to set up a drone manufacturing and Research & Development centre in the state.The company representatives...

Bengaluru, February 24 Karnataka Minister M B Patil chaired meetings with industry representatives from the aerospace and defence, machine tools, auto/EV, and green energy sectors on Tuesday to discuss sector growth and government support measures.The meetings were attended by leading...

New Delhi, February 19 The proposed National Centre of Excellence for skilling in aeronautics and defence at Kanpur is envisioned as a world-class institution that will strengthen India's capacity in aviation skilling, the government said on Thursday.The Prime Minister announced the...

Bengaluru, February 17 – French Defence Minister Catherine Vautrin stated on Tuesday that the establishment of the H125 helicopter assembly facility in India marks a significant milestone in the strategic partnership between India and France.Vautrin addressed the audience at Vemagal...

Kolar, February 17 – Karnataka’s Minister for Large and Medium Industries, M B Patil, announced on Tuesday that 500 H125 light helicopters will be manufactured over the next 20 years at the country’s first private-sector helicopter assembly facility.Prime Minister Narendra Modi and French...

Mumbai, February 13 Industrial manufacturing solutions provider Magma announced on Friday the expansion of its offerings through a new business vertical to cater to the demand for engineered precision components used in aerospace, automotive, electronics, and other critical sectors.The new...