Indigenisation

Airbus to set up plant for C295 in India

The President and Managing Director, Airbus India & South Asia, Anand Stanley today announced that Airbus was planning to set up a plant in India for manufacturing the C295 multi-role aircraft as and when the government of India decided. “We are now in commercial talks with the Indian government for replacement of the 56 Avro aircraft with C295.”  The location of the plant will be decided once the contract is signed.

HAL: In urgent need of restructuring

The Indian Air Force lost two highly accomplished Test Pilots in a Mirage trainer aircraft crash, early this month, at the Bangalore complex of Hindustan Aeronautics Limited. The aircraft was on an acceptance test flight by the two pilots after HAL had completed its upgrade modification on the aircraft. The aircraft reportedly had a major malfunction on the take-off role, forcing the pilots to eject, which resulted in their unfortunate fatalities.

BEL registers 35% growth in 2nd Quarter

Navratna Defence PSU Bharat Electronics Limited (BEL) has during the second quarter of        FY 2018-19, achieved a robust growth in turnover and consequently recorded a healthy growth in profit as compared to the 1stquarter of current year and corresponding quarter of the previous year.

The company has achieved a turnover of Rs. 3282.40 crore, during the 2ndquarter of FY 2018-19, registering a growth of about 35 %, over the turnover of Rs. 2431.73 crore recorded in the corresponding period of the previous year.