French IT company Expleo's Indian arm plans to more than double its workforce in the country by hiring around 5,000 people over a period of two-and-a-half years, a senior official of the company said. Expleo Solutions CEO and MD Balaji Viswanathan, who heads India business, told PTI that the company sees growth primarily on account of expansion of business in the US. "The company aims to hire an additional more than 5,000 people over the next two-and-a-half years, including a focus on hiring fresh graduates. While other larger players are slowing down on hiring fresh graduates, the company believes it will provide future growth acceleration. The expectation is to double the current workforce of around 4,700 people, reaching a little over 9,700 employees," he said. Expleo works with multiple industries on a global scale, with a primary focus on aerospace, automotive, and transportation. Aerospace accounts for about 40 per cent of Expleo global business, automotive 35 per cent, ...
The AS9100D Aerospace Certification is the benchmark for ensuring exceptional quality in aviation, space and defence manufacturing and supply chain processes
Indian airlines such as Indigo and Air India have recently placed orders for 500 and 470 aircraft, respectively
Rising traffic, a search for alternative sourcing to China and orders this month from Air India and IndiGo for nearly 1,000 jets combined have made India a key market for aerospace
Baba Kalyani, Chairman and MD of Bharat Forge Limited and founding president of the Society of Indian Defence Manufacturers has hailed Prime Minister Narendra Modi and US President Joe Biden for emphasising on co-production of critical systems and platforms "identifying avenues for joint research and development in advanced technologies."Kalyani termed the PM Modi's US visit, a reflection of "strengthening engagement between two great and large democracies."He said, "Historic state visit being accorded to PM Modi by US President Joe Biden is reflective of strengthening engagement between two great and large democracies, to scale up the Indian market and its requirements, combined with our overlapping strategic interest, create both an opportunity and imperative for businesses on either side...to expand bilateral trade & commerce, to strengthen engagement including strategic sectors such as defence, space, 5G, semi-conductor amongst others and collaborate to co-develop critical ..
Hindustan Aeronautics Limited and Argentina's Fabrica Argentina de Aviones (FAdeA) signed an MoU towards exploring the possibilities of collaboration in the field of maintenance, repair and overhaul (MRO). The agreement will also involve meeting any offset requirements in case of probable sale of HAL-made platforms in Latin American region. The pact was inked during the ongoing Paris Air Show 2023, Bengaluru-headquartered state-run company HAL said in a statement on Wednesday. Similar to HAL, FAdeA is an Argentinian state-owned aerospace company under the administrative supervision of the South American country's Ministry of Defence involved in design, manufacture and maintenance of civil and military aircraft, it was noted.
Airlines are trying to purchase more SAF, which produces up to 80% fewer carbon emissions on a lifecycle basis than traditional jet fuel
IndiGo and Airbus announced a purchase agreement earlier this week for 500 A320 family aircraft, making it one of the largest aircraft purchases by an airline in civil aviation history
Aerospace giant Boeing has been sued by Colorado-based Wilson Aerospace over alleged theft of intellectual property (IP) related to NASA's Artemis rocket mission
Finance Minister Nirmala Sitharaman on Tuesday said India's aerospace and civil market is on a high growth trajectory and invited US-based aircraft maker Boeing to ramp up investment in the country. During an interaction with a delegation from Boeing comprising of their global senior leadership team, Sitharaman highlighted the opportunities available in India for relocating companies in the form of not just a captive market but also the chance to be a hub for serving the region as a whole and this can be rewarding for companies from a business point of view. "In reference to the recent bulk order for aircraft placed by Indian companies, FM stated that India's aerospace and civil market is on a #HighGrowth trajectory & also informed the group about aircraft leasing operations being undertaken by banks in GIFT-IFSC @GIFTCity," a finance ministry said in a series of tweets. In the context of India's geographical advantage, the minister underlined India's focus on repositioning itself
This achievement follows the November 2022 launch of Vikram-S, which made Skyroot the first Indian private company to send a rocket into space
Domestic firms driving down price of supersonic cruise missile system with homegrown solutions
Civil Aviation Minister Jyotiraditya Scindia on Monday said it is time for India to look at manufacturing of aerospace products as he highlighted the growth potential of the country's aviation sector. He also said domestic airlines are together projected to have a fleet of around 2,000 planes in the next five to seven years. It is time to look at manufacturing of aerospace products in India. "Time is ripe for manufacturing to take off in India," he said. Speaking at a summit organised by aviation consultancy CAPA here, the minister said, "we need to increase the ecosystem of Indian civil aviation". "Come and be part of the civil aviation growth story," he said. According to him, as many as 15 Flying Training Organisations (FTOs) are expected to be set up by the end of this year, taking the total number of FTOs to 50. Currently, there are 35 FTOs.
This venture opens up a world of opportunities for future projects to be manufactured indigenously in India, the company noted
An MoU was signed in the presence of institute representatives and senior Airbus management at Aero India 2023, a biennial air show and aviation exhibition held here
The medical team at Seppa in Arunachal Pradesh had been confronting the challenge of supplying medicines and vaccines in difficult terrains of the mountainous region but not anymore. Startup company Redwing Aerospace Labs in Bengaluru has developed an indigenously developed medical drone called 'Crane' which has been deployed in the frontier state in the northeast. The drone manufacturer is among many aerospace companies thriving in Bengaluru owing to the 'aerospace ecosystem' prevailing in the city. The ongoing Aero India-2023, which is the 14th edition of the biennial event in Bengaluru, gives a glimpse of the flourishing aerospace industry here as a significant number of stalls are occupied by city-based firms. Many aerospace firms here are not only supplying products and services to "biggies" such as Hindustan Aeronautics Limited, Indian Space Research Organisation, Defence Research and Development Organisation and Bharat Electronics Limited but also to several multinational ..
Aerolloy Technologies, a wholly owned subsidiary of the company has received an order from Safran Aircraft Engines, to develop and supply of Titanium cast components for Aircraft Engines
Bommai said the opportunities are more in Bengaluru and engineers are working continuously to make the Air Show successful
"Now, we are one of the leading states in aerospace and defence. 65 per cent of our capabilities in the country are from Bengaluru," he said