Chicago based aircraft maker, Boeing is expanding its research center in Bangalore and is also considering investing in Indian companies manufacturing aeronautical components, with a view to bolstering its supply chain. “[The] investment environment in India is improving. Given that background, we are open to making equity investments,” said Pratyush...
Boeing to Produce Apache Helicopters in JV with Tata
Boeing has partnered with India's Tata Advanced Systems to create a manufacturing center to produce aero-structures for the AH-64 Apache helicopter, and for the development and selling of integrated systems. India's Ministry of Defense is ordering a number of Apache's for military needs. Boeing and the Tata group companies have...
Attend Regional Convention of Overseas Indians, Los Angeles November 2015
Persons of Indian origin and Indo-philes alike are welcome to attend the 2015 Regional Pravasi Bharatiya Divas (Overseas Indians) Convention hosted in Los Angeles for the very first time. Sushma Swaraj, India’s External Affairs Minister who also runs the Ministry of Overseas Indian Affairs inaugurates the Convention at 6:00 PM...
India’s Defense Acquisition Council Approves P-8I Maritime Patrol Aircraft
The Indian Defense Acquisition Council has approved 4 additional Boeing P-8I long-range maritime patrol aircraft for $762 million for the Indian Navy. This order supplements the existing fleet of 8 such aircraft, reports Defense World. A variant of the Poseidon operated by the U.S. Navy, the P-8I is designed...
India's Top Leaders to Fly in Modified Boeing 777 Aircraft
The Defense Acquisition Council of India has approved the acquisition of two Boeing 777-300ER aircraft from the national carrier Air India for the dedicated use of the Prime Minister and the President of the nation. These aircraft will then be specially configured for travel by Boeing which will also install...
India Withdraws Tax and Dutry Exemptions for State-Owned Defense Companies
In a move to encourage foreign defense manufacturing in India, the government has withdrawn the preferential customs and excise duty exemptions that were applicable to products manufactured by the state-owned Ordnance Factories Board and other defense public sector undertakings. This has been done to level the playing field and neutralize...