Jan Widerstrom, chairman, Saab India Technologies, told Economic Times in an interview, “I say that I want to be Indian. I want our company to be Indian, and in the right environment, we will be Indian,” he said. “The government is already working to make the business environment right.” Saab...
Airbus Partners with India’s TASL to Build Transport Aircraft in India
In a historic decision taken by the Defense Acquisition Council, Tata Advanced Systems Ltd. (TASL) will partner with Airbus in a $2 billion deal to manufacture the C-295 transport aircraft that will replace the aging Avro transport planes. This decision is expected to pave the way for the establishment of...
Light Utility Helicopter Competition Ties Foreign, Indian players
In India's first helicopter competition reserved for domestic defense companies to produce a light utility helicopter (LUH), Larsen & Toubro has teamed up with Airbus Helicopters; Tata Advanced Systems with Sikorsky Aircraft; Mahindra Defense Systems with Bell Helicopter; and Punj Lloyd with Russian Helicopters. State-owned Hindustan Aeronautics also is negotiating...
India Faces Shortage of Skills in Aerospace Sector
Speaking at an event in Bangalore in January to promote the development of human resources in the aerospace sector, R K Tyagi, chairman of state-owned Hindustan Aeronautics Ltd., said India was facing a significant shortage in skills and it required an additional 1 million “skilled people” to meet growing demand...
British Aerospace appoints new leader for India
UK defense company BAE Systems has appointed its CIO, Dean McCumiskey as Managing Director of its operations in India. BAE has formed two defense venture companies BAeHAL, a Bangalore-based software engineering joint venture with Hindustan Aeronautics Ltd. (owned by India’s Ministry of Defense) and Defence Land Systems India in partnership...