The Dassault Reliance Aerospace was announced by France's Dassault Aviation chairman and CEO Eric Trappier and Reliance Group chairman Anil Ambani. The agreement includes a 50% offset obligation, which is the largest-ever offset contract recorded in India. Defense News quotes an Indian Air Force official who said, "A comprehensive military...
Reliance Defense, India, to Set Up Shipyard for Building Subs
Reliance Defense, a subsidiary of one of India’s largest private sector firms Reliance Infrastructure, disclosed plans to build a shipyard on India's east coast to build nuclear submarines and aircraft carriers. The company has entered into a memorandum of understanding with the government of the eastern state of Andhra Pradesh...
India's Pipavav to Manufacture Japanese Amphibious Aircraft
India and Japan are to finalize an agreement to jointly produce the US-2 amphibious aircraft during Japanese Prime Minister Shinzo Abe’s upcoming visit to India. This will be the first defense deal between the two countries. The aircraft will be produced in India as part of Prime Minister Modi's Make...
Modules from First Solar of Arizona power India largest solar energy installation
First Solar's modules have been used to power a 40 megawatt (MW) ground-mounted photovoltaic power plant in Rajasthan. The project, commissioned by Reliance Power, a Reliance ADA Group company, was completed in five months and covers 350 acres. 500,000 First Solar thin film modules have been installed in the plant,...
Ambani celebrates first Oscar for Spielberg Partnership
Former Miss India Tina (Munim) Ambani and her husband, billionaire Anil Ambani were in town for the Oscars. Ambani invested $300 million for joint control of Steven Spielberg's Dreamworks Pictures, in a process that started in 2008. The first products from this partnership hit theaters in 2011. Octavia Spencer won...
To Samalkot from Schenectady, Obama mentions India again at General Electric plant
When I was part of the Presidential Executive Mission to India last November, General Electric CEO Jeff Immelt and Boeing CEO Jim McNerney flanked Barack Obama in his first public appearances in Mumbai. Immelt's GE Energy unit had just won its largest order in India to supply six gas turbines,...