India's Tata Group privatized Air India which was India’s national airline for close to a century. On February 14, executives in the company announced the single-largest airplane purchase ever -- 220 jets from Boeing and 250 from Airbus. Although the price was not made public, industry experts estimate the cost...
India’s Indigo Selects CFM Engines for Airbus Fleet
India's biggest airline IndiGo selected CFM International's LEAP-1A engines to power its fleet of 310 new Airbus A320neo, A321neo, and A321XLR aircraft. CFM International is a joint venture between GE Aviation, a division of General Electric of the U.S. and Safran Aircraft Engines of France. The joint venture was formed...
India's Vistara Grows, Increases Boeing, Airbus Jets
Looking to expand its fleet in India's booming aviation sector, Gurugram headquartered Vistara ordered six Boeing 787 jets and thirteen Airbus SE A320neos valued at $3.1 billion. "India’s position as the world’s fastest growing domestic aviation market and its impressive growth in air passenger traffic that has more than doubled...
India Becoming R&D Hub for Multinationals
Multinational from the Americas, Europe, and APAC have set up research hubs to work in the areas of R&D, Business Process Management and IT. More than 1,000 multinational companies have established engineering and research and development centers — known as global in-house centers or GICs — in India. Among these...
At India's DefExpo 2018, Multinationals Ink Partnerships
India’s largest Land, Naval, and Internal Security System’s Exposition, DefExpo India, has become one of the largest events of its kind in the world for the last 10 years. Defense Expo 2018 was a four-day event at the southern city of Chennai, India. The tagline this year was "India: The...
Airbus Sets Up Asia’s First Greenfield Training Center in Delhi
Toulouse, France-based Airbus is setting up the Airbus India Training Center, a greenfield training facility at Aerocity, New Delhi, to support India’s growing need for Airbus pilots and maintenance engineers. The 75,347 square foot facility will be built in modules to become operational by the end of 2018 with two...