Aerospace components maker Aequs on Wednesday said it has secured a contract with European aircraft major Airbus for the supply of critical components for A320 family, A330neo and A350 aircraft for over a period of 10 years. Under the terms of the agreement, Aequs will make detailed parts, parts with bench assembly for wings, fuselage, and pylons for these planes, Aequs said. Aequs has been a longstanding supplier to Airbus which was its first original equipment manufacturer (OEM) customer and has consistently been a preferred Detailed Parts Partner (D2P) to it for well over a decade. The mandate is a significant milestone not only for Aequs, but also for the Indian aerospace industry, amid the country's growing significance as a global aerospace manufacturing hub, deepening Airbus' Make-in-India drive, Aequs said. "This contract is a significant moment in Aequs' journey with Airbus. We are proud to stand alongside the world's largest aircraft maker as a long-term strategic ...
Leading Indian and foreign companies, including from the US, have shown interest in setting up their manufacturing and assembly units in UP
Company will comply with 'laws of the land' and requirements of regulators, says Sanjay Gupta
India has been expanding its electronics manufacturing sector as companies diversify production beyond China amid growing Washington-Beijing tensions
He said that PM's clarion call for 'Make in India, Make for the World' at World Economic Forum this year was a signal that India is ready and keen to increase the share of manufacturing to 25% by 2025
VinFast Auto became the world's third largest automaker by market capitalisation behind Tesla and Toyota in August
A quiet revolution is underway in India that could upend the notion that Indians are tech adopters, not innovators
Beijing-based Xiaomi has been compelled to partner with Dixon for smartphone assembly because India is pressing Chinese companies to localize everything from manufacturing to distribution of devices
He made the remarks while speaking at the 8th Eastern Economic Forum (EEF) in response to a media query on Russian-made cars
India is wooing global IT and electronics players with policy sweeteners and incentive schemes, making a push to position itself as a global powerhouse for hi-tech manufacturing
A railways official said that the PLI programme will give incentives to develop new manufacturing units or expand the existing ones
Mobile phone shipments from India crossed the 2 billion cumulative units mark under the 'Make in India' initiative during 2014-2022
India has imposed restrictions on the import of personal computers, laptops, tablets, all-in-one PCs, 'ultra-small form factor' computers, and servers falling under HSN code 8741
The government's decision to impose import restrictions on laptops, tablets and certain types of computers will boost local manufacturing of these devices, industry players said on Thursday. Hailing the move as progressive, they said it will also help in achieving the Make-in-India vision. The government on Thursday imposed import restrictions on laptops, tablets and certain types of computers with immediate effect for security reasons and to promote domestic manufacturing. The Directorate General of Foreign Trade (DGFT), in a notification, said that exemption from import licensing is provided for up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return, product development purposes. Reacting to the move, Optiemus Electronics Ltd (OEL) Managing Director A Gururaj said in a statement, "We believe the government's decision to curb the laptop, tablet, and computer imports is progressive and has the potential to boost indigenous electronics ...
Asserting that the ''Make in India'' and ''Digital India'' initiatives present a fertile ground for young minds to make their mark, Lieutenant Governor Manoj Sinha on Wednesday said young engineers' expertise will be instrumental in driving these missions. He said the world's greatest powers are witness to the fact that great engineers have been instrumental in propelling those nations to unparalleled heights. "Young engineers' expertise will be instrumental in driving the mission of Make in India and Startup India: Their ideas and solutions can pave the way for a more inclusive and equitable society", LG said Sinha was addressing the students of the joining batch of 2023 of IIT Jammu at the inaugural session of the Foundation Programme at the Jagti campus. He said "Make in India and Digital India initiatives coupled with a burgeoning startup ecosystem, presents a fertile ground for young minds to make their mark and carve a successful career in engineering". The LG said India's .
The planned investment includes a new AMD campus in Bangalore, Karnataka that will serve as the its largest design center
This comes after locally sourced technology provided poor communications over increased distances
The Micron facility has been approved by the Centre's Modified Assembly, Testing, Marking, and Packaging (ATMP) Scheme
The company said that they not only want to make products for India but also plan to manufacture to export
The Russian President drew India's example to encourage domestic products and brands in Russia, as per RT