Lockheed Martin plans to select local partners in India this summer to support a competitive sales campaign for the C-130J, including the selection of a final assembly provider, a company official said Feb. 21. The C-130J and the Embraer KC-390 are competing for an Indian government contract to buy 40-80...
India Clears Purchase of Howitzers from U.S. Supplier
India's defense ministry sources said that the cabinet committee on security, chaired by prime minister Narendra Modi, has cleared the acquisition of 145 M-777 ultra-light howitzers from the U.S. in a government-to-government deal worth $737 million. Defense-aerospace.com reports that the deal, which has a 30% offset clause, will be inked...
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...
India becoming a source for cars
India's Mahindra & Mahindra sells its XUV sports utility vehicle in Europe since late 2012 and is expanding shipments to Latin America. And Korean automaker Hyundai has been shipping Chennai-built cars to Africa for more than five years. But now France's Renault is shipping India-built Dusters to Europe. Fiat and...
Electric Vehicle launches expected in India
Indian commercial vehicle maker Ashok Leyland is developing an electric variant of the Dost mini pick up truck. The Dost, which has been developed through an Ashok Leyland-Nissan collaboration could get the electric variant in 2014. Other details about the electric powered Dost remains unknown at this point in time. ...
Auto sales rise 31 percent in 2010, will continue at 15 percent or better in 2011
The Society of Indian Automobile Manufacturers (SIAM) reported that 2010 sales climbed to 1.87 million cars from 1.43 million in 2009, a breathtaking increasing of 31 percent. Car sales are projected to rise to 3 million units a year by 2016, according to SIAM. Growth will not be as high...