You may want to take a fresh look at business opportunities and investments in India, if a new World Bank report is to be believed. In November 2001, Goldman Sachs published a landmark paper where they identified India, along with Brazil, China, and Russia as the four “BRIC” economies that...
India's Army to Receive 6 Apache Helicopters
India's Defense Acquisition Council has approved the purchase of six Apache attack helicopters from Boeing, for $700 million. The variant of the attack chopper that the Indian Army will get is the Apache AH-64E, which has a height of 15 ft and a wingspan of 17 ft. The helicopter has a...
Air India Seeks Loan for Six Boeing Aircraft
Even as the Government of India is working on the final plans for a strategic disinvestment of its stake in loss-making national carrier Air India, the airline is ready with plans to fly to more overseas destinations. The airline seeks offers from banks and financial institutions to arrange bridge financing...
India Signs $100 Million Service Deal with Boeing
Seattle-based Boeing and India's Navy signed a $100-million contract, that requires Boeing to maintain spare parts and personnel in India, ready to respond to any defects or failures in the P-8I fleet over the next three years. This 'performance-based logistics' contract requires Boeing to continue the warranty services it has...
India to Be 3rd Largest Buyer of Passenger Planes
With India set to buy 2.2 new airplanes for each of the 480 aircraft currently in service, it is poised to become the third-largest buyer of commercial passenger planes in the world. The U.S. and China are the only countries to have more pending aircraft orders says a report released...
What Technology Innovations is India Working at?
In his article in Fortune on whether India can become an innovation hub for the world, journalist Ashish Gupta explores India's capability in cutting-edge technology and disruptive innovation. In his search for answers, Gupta talks to many stalwarts in the field of innovation: Vijay Govindarajan, Coxe Distinguished Professor at Dartmouth,...