Business Standard

Page 4 - Aerospace

Expleo to double workforce in India, hire 5,000 people in 2.5 years: MD

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, ...

Expleo to double workforce in India, hire 5,000 people in 2.5 years: MD
Updated On : 20 Aug 2023 | 10:56 PM IST
Updated On : 07 Aug 2023 | 10:24 PM IST

Jindal Aluminium Limited receives AS9100D Aerospace Certification

The AS9100D Aerospace Certification is the benchmark for ensuring exceptional quality in aviation, space and defence manufacturing and supply chain processes

Jindal Aluminium Limited receives AS9100D Aerospace Certification
Updated On : 24 Jul 2023 | 12:50 PM IST

Godrej Aerospace eyes share of GE 414 engine manufacturing, supply chain

Indian airlines such as Indigo and Air India have recently placed orders for 500 and 470 aircraft, respectively

Godrej Aerospace eyes share of GE 414 engine manufacturing, supply chain
Updated On : 11 Jul 2023 | 12:06 AM IST

Aerospace suppliers see upside in parts-making from record jet orders

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

Aerospace suppliers see upside in parts-making from record jet orders
Updated On : 28 Jun 2023 | 10:13 AM IST

'Drone procurement will strengthen India's aerospace, defence ecosystems'

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 ..

'Drone procurement will strengthen India's aerospace, defence ecosystems'
Updated On : 24 Jun 2023 | 2:23 PM IST

HAL, Argentinian aerospace firm FAdeA to explore collaboration in MRO space

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.

HAL, Argentinian aerospace firm FAdeA to explore collaboration in MRO space
Updated On : 21 Jun 2023 | 10:44 PM IST

Aviation emissions targets, net-zero goal in focus at Paris Airshow

Airlines are trying to purchase more SAF, which produces up to 80% fewer carbon emissions on a lifecycle basis than traditional jet fuel

Aviation emissions targets, net-zero goal in focus at Paris Airshow
Updated On : 21 Jun 2023 | 8:02 PM IST

Rishi Sunak hails IndiGo-Airbus pact as major win for UK aerospace sector

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

Rishi Sunak hails IndiGo-Airbus pact as major win for UK aerospace sector
Updated On : 21 Jun 2023 | 7:52 PM IST

Wilson Aerospace sues Boeing over IP theft related to NASA Artemis mission

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

Wilson Aerospace sues Boeing over IP theft related to NASA Artemis mission
Updated On : 09 Jun 2023 | 2:15 PM IST

India witnessing high growth in aerospace: FM to Boeing seeking investment

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

India witnessing high growth in aerospace: FM to Boeing seeking investment
Updated On : 23 May 2023 | 10:26 PM IST

Skyroot test test-fires advanced fully 3D-printed cryogenic engine

This achievement follows the November 2022 launch of Vikram-S, which made Skyroot the first Indian private company to send a rocket into space

Skyroot test test-fires advanced fully 3D-printed cryogenic engine
Updated On : 04 Apr 2023 | 9:28 PM IST

India's Data Patterns develops equipment to check BrahMos missile functions

Domestic firms driving down price of supersonic cruise missile system with homegrown solutions

India's Data Patterns develops equipment to check BrahMos missile functions
Updated On : 23 Mar 2023 | 10:38 PM IST

Time for India to look at manufacturing of aerospace products: Scindia

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.

Time for India to look at manufacturing of aerospace products: Scindia
Updated On : 20 Mar 2023 | 11:39 AM IST

Godrej Aerospace to manufacture 8 modules of DRDO turbojet engine

This venture opens up a world of opportunities for future projects to be manufactured indigenously in India, the company noted

Godrej Aerospace to manufacture 8 modules of DRDO turbojet engine
Updated On : 20 Feb 2023 | 3:38 PM IST

Airbus signs MoU with IISc to expand aerospace education, research

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

Airbus signs MoU with IISc to expand aerospace education, research
Updated On : 17 Feb 2023 | 5:28 PM IST

Bengaluru aerospace ecosystem gives wings to startups to fly high

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 ..

Bengaluru aerospace ecosystem gives wings to startups to fly high
Updated On : 17 Feb 2023 | 5:25 PM IST

PTC Industries hits 10% upper circuit as arm wins Safran Aircraft order

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

PTC Industries hits 10% upper circuit as arm wins Safran Aircraft order
Updated On : 17 Feb 2023 | 3:54 PM IST

Karnataka possesses qualities to top the list in aerospace sector: Bommai

Bommai said the opportunities are more in Bengaluru and engineers are working continuously to make the Air Show successful

Karnataka possesses qualities to top the list in aerospace sector: Bommai
Updated On : 15 Feb 2023 | 7:19 AM IST

Aero India 2023: Karnataka to add to strength of defence, says Bommai

"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

Aero India 2023: Karnataka to add to strength of defence, says Bommai
Updated On : 13 Feb 2023 | 1:37 PM IST