The aerospace unit of General Electric signed an agreement with India's state-owned Hindustan Aeronautics Ltd (HAL) to make fighter jet engines for the Indian Air Force. GE said that the agreement includes the potential joint production of GE Aerospace's F414 engines in India. India’s quest to manufacture an engine for...
India to Acquire MQ-9B SeaGuardian Drones, and 11 Key Technologies from U.S.
India will buy 31 U.S.-made MQ-9B SeaGuardian armed drones manufactured by General Atomics and worth slightly over $3 billion. The drones will predominantly be used by the Indian Navy in the Indian Ocean Region, reports Reuters. These drones are capable of a variety of roles, including maritime surveillance, anti-submarine warfare,...
U.S., India, Expand Cooperation in Top Defense Technologies
U.S. Secretary of Defense Lloyd Austin, and India's National Security Advisor (NSA) Ajit Doval met in New Delhi on Monday, June 5, and discussed cooperation in specific niche technologies in maritime, military, and aerospace domains to boost capabilities. The discussions included the transfer of technology to India from the U.S.,...
India Sets Up Centers of Excellence for AI, IoT, Data Sciences
Nasscom, the trade groups for India's software industry, launched four centers of excellence (CoEs) to pursue Internet of Things (IoT) Data Analytics and Artificial Intelligence (AI). While the CoE for IoT offers platforms to innovate on connected devices, those for data sciences and AI collaborate with government, innovators, academia, industry,...
HBR: Why Global Firms Should Continue Investing in India
In an article in the Harvard Business Review, Vijay Govindarajan, Coxe Distinguished Professor at Dartmouth’s Tuck School of Business, and Ravi Venkatesan, former chairman of Microsoft India and Cummins India, discuss 3 Reasons Global Firms Should Keep Investing in India. Excerpts from the article: India's infrastructure spending is growing "Companies...
Modi To Attend Nuclear Security Summit in Washington
The fourth Nuclear Industry Summit, which gathers world leaders focused on preventing nuclear terrorism throughout the globe, will be held in Washington, D.C. from March 29 to March 31, and India’s Prime Minister Modi will participate in this event. India is expected to submit a proposal for the security of its nuclear...