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  1. koolzberg

    MoD signs contract with MDSL to supply Light Specialist Vehicles to Indian Army

    New Delhi: Providing further boost to ‘Make in India’, Ministry of Defence (MoD) signed a contract with Mahindra Defence Systems Ltd (MDSL) for supply of 1,300 Light Specialist Vehicles to the Indian Army, at a cost of Rs 1,056 crore, in New Delhi on March 22, 2021. The induction of vehicles is...
  2. koolzberg

    On Rafale and deadly Panther choppers, India gets a huge offer from France

    https://www.hindustantimes.com/india-news/france-offers-to-shift-panther-chopper-assembly-line-to-india-rafale-too-101610181121676.html#:~:text=France%20has%20accepted%20the%20Indian,given%20to%20New%20Delhi's%20adversaries.
  3. koolzberg

    Plan 2021: Apple looking to make iPad, AirPod, MacBook in India; increasing local sourcing for iPhones

    NEW DELHI: Apple is working on deepening its manufacturing capabilities in India by increasing local sourcing of components for iPhones besides bringing its partners to kick off local production of iPads, Airpods and MacBooks, people familiar with the matter told ET. They added that there has...
  4. koolzberg

    India's Liberalisation In The Space Sector Becomes Big Hit As 22 Indian and 4 Global Firms Send Proposals

    The Indian National Space Promotion and Authorisation Centre (IN-SPACe), the newly created space regulatory body, has received at least 26 proposals from Indian and foreign firms within months of government opening up the space sector, reports Times of India. The proposals range from approval...
  5. koolzberg

    Pravaig aims to produce 2,500 Made in India luxury EV Extinction MK1 every year

    Bengaluru-based EV startup Pravaig Dynamics expects to sell around 2,500 of its newly unveiled luxury electric vehicle Extinction MK1 every year. The company has issued a statement revealing its plans to initially produce 2,500 units of the EV annual from next year. On Friday last week, the EV...
  6. koolzberg

    Infosys, Rolls-Royce ink strategic partnership for aerospace engineering in India

    https://www.hindustantimes.com/business-news/infosys-rolls-royce-ink-strategic-partnership-for-aerospace-engineering-in-india/story-JBNcwz9VmzfDcwZ0kHKqlM.html
  7. koolzberg

    BHARAT FORGE NOW HAS ITS SIGHTS SET ON HOVERCRAFT, AFTER ARTILLERY GUNS AND COMBAT VEHICLES

    If it gets the go-ahead, Bharat Forge will become the first company to manufacture hovercraft in India. The company has already imported a hovercraft last year for technology absorption, a usual step in research and development process in product development After artillery guns and combat...
  8. koolzberg

    India's forex reserves surge $5.4 billion to all-time high of $560.532 billion

    The country's foreign exchange reserves swelled by $5.412 billion to touch an all-time high of $560.532 billion in the week ended October 23, RBI data showed on October 30. In the previous week ended October 16, the reserves stood at $555.12 billion after increasing by $3.615 billion. During...
  9. koolzberg

    Tesla CEO Musk suggests India entry in 2021

    BENGALURU (Reuters) - Tesla Inc chief executive Elon Musk indicated on Friday that the U.S. electric carmaker will make a foray into India in 2021. “Next year for sure,” Musk said on Twitter in reply to a post with a photograph of a T-shirt with the message: “India wants Tesla”. “Thanks for...
  10. koolzberg

    Forex reserves surge by USD 5.69 billion to reach record USD 487.23 bn

    The country's foreign exchange surged by USD 5.69 billion to reach an all-time high of USD 487.23 billion in the week to March 6 following an increase in foreign currency assets, according to the RBI data. In the previous week, the foreign exchange reserves had increased by USD 5.419 billion to...
  11. koolzberg

    PAL-V looking at India to set up flying cars assembly line for Asia

    http://timesofindia.indiatimes.com/articleshow/74543124.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
  12. koolzberg

    IAF may buy 300 indigenous basic trainers, fighters

    The Indian Air Force (IAF) has told the government that “it is committed” to buying nearly 300 indigenously made fighters and basic trainers from the state-owned Hindustan Aeronautics Limited (HAL), a senior defence ministry official said on condition of anonymity. The deal will likely cost the...
  13. koolzberg

    Defence FDI through automatic route may be hiked to 74%

    New Delhi: India plans to widen its doors to foreign funds in the defence sector to boost local production of armaments and cut down on imports. The department for promotion of industry and internal trade (DPIIT) and the defence ministry are in talks to ease many conditions to encourage foreign...
  14. koolzberg

    Fight for your right!: Chinese women thrash man on parking space dispute in Islamabad

    ISLAMABAD: People of Karachi Company witnessed a nasty episode when Chinese women attacked a person on dispute of car parking. The area police, however, reached the scene and controlled the situation. Chinese women were waiting for a space for parking their car while a man was pulling his car...
  15. koolzberg

    DRDO must make indigenous fifth generation fighter project happen: IAF Chief.

    NEW DELHI: Lauding DRDO for successfully delivering indigenous weapon systems, IAF chief RKS Bhadauria on Tuesday said that the defence research agency should make the indigenous fifth-generation fighter aircraft happen and it must succeed. "The Advanced Medium Combat Aircraft (AMCA) must...
  16. koolzberg

    HSL Rejects collaboration with Turkish Anadolu Shipyard for 5 FSS project

    Not sure about the veracity of the news, will have to confirm.
  17. koolzberg

    HAL plans to make Ilyushin IL-114s for regional flights

    NEW DELHI: Hindustan Aeronautics Ltd (HAL) is eyeing to assemble the famed Russian Ilyushin IL-114 aircraft in India and offer it in the 70-seater turboprop category to airlines here for regional commercial flights. The PSU has tied up with Public Joint Stock Company (PJSC, or Ilyushin) and is...
  18. koolzberg

    200 US firms aim to move production base from China to India post-LS polls

    About 200 American companies are seeking to move their manufacturing base from China to India post the general elections, a top US-based advocacy group has said, observing that there is a fantastic opportunity with firms looking at alternatives to the Communist giant. The US-India Strategic and...

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