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GOI to implement equal 5% GST on all aircraft and engine parts to boost industry
The uniform tax rate is expected to reduce operational costs, resolve tax credit issues, and attract investment in the MRO sector.Read more
Air Liquide India builds Rs 3.5 billion manufacturing facility in Mathura
Air Liquide India is a significant supplier of industrial gases to hospitals and various industries from its production facilities located in northern and western regions of India. Read more
Airbus and Gati Shakti Vishwavidyalaya to boost aerospace education and research
The initiative is expected to propel GSV towards becoming an industry-driven and innovation-led university, setting a precedent for robust industry-academia partnerships in India. Read more
Boeing to buy Spirit AeroSystems in $4.7 billion deal
The acquisition is expected to be finalised by mid-2025. Read more
Daikin to expand compressor manufacturing to two million units in India
Daikin is also exporting to markets such as South Africa, the Middle East and South America helped by its new 75-acre Sri City manufacturing unit.Read more
HAL receives light combat helicopter order; boosting ‘Make in India’
The revenue from operations increased 18.36% YoY to Rs 147.88 billion during the quarter. Read more
Volkswagen India makes 6 airbags standard across new line-up
Volkswagen Virtus established itself as the preferred premium mid-size sedan among customers with its strong package and performance. Read more
TFS launches ‘Make in India’ air quality monitoring system analysers
Designed to provide accurate data on air pollutants and gases, the AQMS analysers play a crucial role in monitoring and regulating industrial emissions, contributing to the government’s efforts in curbing air pollution.Read more
Siemens to invest over Rs.10 billion to expand operations in India
The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more
Indian aerospace manufacturers seek global orders; ask GOI for policy push
The surge in orders has prompted global aerospace suppliers to ramp up sourcing from India. Airbus, in particular, is strengthening ties with Indian partners for various functions such as IT, engineering, and production. Read more
