The second review of the India-Singapore Comprehensive Economic Cooperation Agreement (CECA) to boost two-way trade remains inconclusive despite efforts to expedite the process.
India is now the top global source of affordable medical supplies to the international body Unicef.
The strong 32% growth in bilateral trade to $8.25 billion in 2015-16 compared with $6.4 billion in the previous year is a clear indication that India and Canada’s economic relations are on an upswing.
Issues related to the $1-billion Indo-Russian Kamov-226 helicopters, progress of Project 1135-6 frigates for the Indian Navy and T-90 tanks for the Indian Army, among other issues, will top the agenda of talks when Russian minister for industries and trade Denis Manturov, arrives in New Delhi on March 17.
In a clear shift in its policy towards Latin American nations, the government now proposes more frequent political and economic engagement with smaller countries of the region to widen its influence and expand investment opportunities.
Uncertainty continues over the $8-billion Futuristic Infantry Combat Vehicle (FICV) project, with differences due to procedural issues being highlighted by the stakeholders.
Samtel Avionics is a key Indian player in high-technology rugged military systems and products for the armed forces.
On facts, the government is pointing out import duties are 60% on motorcycles that are less than 800cc, and the duty is 75% for bigger engines — the 100% duty only applies to second-hand motorcycles since India doesn’t want to become a dumping ground.
Italy is sending a 200-member delegation to India in April to scout for investment in railways and manufacturing, New Delhi’s envoy said, ending a hiatus in ties caused by the row over the arrest of Italian marines.
BAE Systems will be delivering two out of 145 M777 155mm/39-calibre ultra lightweight howitzer (ULH) guns in June, for the army to carry out a few tests with Indian ammunition.
India is planning to reach out to Bolivia, Argentina and Chile to procure supplies of lithium that are used to make batteries for electric vehicles (EV) and solar power plants.
US-based Textron Systems Weapon & Sensor Systems, a business of Textron, is open to consider the ‘Make in India’ approach within any of its product lines, as long as it makes sense for both the Indian and American partners.
The second round of talks for the expansion of the India-MERCOSUR preferential trade agreement (PTA) is slated to take place in New Delhi on February 27.
For the first time ever, a South Korean defence major, Hanwha Systems, is entering the Indian market after entering a collaboration with Samtel Avionics, a leading manufacturer of high-technology products for avionics and military applications.
From helping commission the country’s first oil & gas refinery in Digboi in the 1930s, to partnering locally to ‘Make in India’, US-based multinational Honeywell’s comprehensive offerings in the aerospace sector range from wheels and brakes and propulsion to cockpit systems and satellite communications.
Our theme at Aero India this year is “Co-creating the future together” — which translates to recognising the deep relationships we have built up over many years, moving beyond just ‘Making In India’ and really looking for opportunities to create the Indian defence aerospace future together.
The government is taking the right policy initiatives for ‘Make in India’ in defence to take off, says French multinational Airbus. What is required now is that the industry gets some large-scale projects. Airbus already has the experience of working with the Indian companies and counts it as a key advantage when it comes to implementing ‘Make in India’ defence programmes. Over 45 suppliers contribute in excess of $500 million annually to the Airbus commercial aircraft supply chain. In an interview with Huma Siddiqui, Airbus India president and managing director Pierre de Bausset said “we started this journey because we believed the passion of Indian suppliers and their desire to become globally-competitive”. Excerpts:
Indigenous companies to go full throttle. Kanpur-based MKU is showcasing its armouring solutions at the five-day aerospace exhibition.
The ministry of defence (MoD) is planning to scrap a contract for buying surface-to-air missiles (QR-SAM) for the Indian Army to replace its Soviet-vintage OSA-AK (SA-8) and SA-6 units.
After a long delay, the army headquarters has set February-end for trials for around Rs 1,000-crore “light-weight modular jackets’’ for its soldiers.
South American nation Bolivia seeks Indian participation in several infrastructure projects as well as help in water management technologies to deal with drought in that country.
India and the UAE are expected to push dialogue on a free trade agreement (FTA) between India and the Gulf Cooperation Council (GCC) ahead of the visit of Abu Dhabi crown prince Shaikh Mohammed bin Zayed Al Nahyan later this month
In a bid to ease hurdles and open up access to new frontiers, the government aims to enhance connectivity with Latin American (LatAm) countries — a move which will ease the long-standing demand of various nations. Trade volume could easily go up to $100 billion.
India and the UAE are expected to ink a ‘strategic agreement’ next month to elevate their relationship to a ‘comprehensive strategic partnership’.
Uncertainty continues over the $7.5-billion Futuristic Infantry Combat Vehicle (FICV) project, with the ministry of defence (MoD) undecided over the number of development agencies.
Mexico and Bolivia are expected to seek help from India to build and launch satellites, officials in the two countries said, in a sign of Indian Space Research Organisation’s (Isro) widening footprint.
Indian Navy has a commendable track record in indigenously designing and constructing advanced front line warships such as destroyers, frigates, anti-submarine warfare corvettes and landing crafts.