"Dassault will emerge as the single largest FDI investor in the defense sector. The cumulative FDI in the defense sector in India till date is $6 million," Rajesh K. Dhingra, president, Reliance Defense & Aerospace, said at an interview with the Economic Times. France's Dassault will manufacture a significant part...
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...
India Tops in Trust of Institutions in Global Report
An online survey of more than 33,000 respondents conducted between October 13 and November 16, 2016 by Edelman, the world's largest public relations firm, and reported in the 2017 Edelman Trust Barometer, revealed that trust is in crisis around the world, and the largest-ever drop in trust was recorded across...
Clariant's Healthcare Packaging Facility in India to Start in 2017
Clariant, a specialty chemicals company headquartered in Muttenz, Switzerland, will commence its new greenfield production facility in Cuddalore in the southern state of Tamil Nadu by the second semester of 2017. “The new site will serve the Indian pharmaceutical industry with state-of-the-art desiccant products produced under the strictest quality and...
Airbus Contracts with India's Mahindra Aerostructures
Defense-Aerospace.com reports that Airbus Helicopters has awarded a contract to India's Mahindra Aerostructures to make airframe parts for the AS565 MBe Panther, at the company's facility in Bangalore.. The parts will be shipped to the Airbus Helicopter production line in Marignane, France where they will be integrated with the rest of the...
Make in India Exhibition Gets Response
The Make in India week, organized by the Department of Industrial Policies and Promotion and the western state of Maharashtra created avenues for showcasing, connecting and collaborating for manufacturing in India. The response from corporate investors from domestic and international markets was significant , and 2,094 memorandums of understanding were...