Thursday, July 24, 2025
24*7 News World
  • Home
  • World

    Glion awarded prestigious Swiss Federal Accreditation

    Global childhood vaccination coverage holds steady, yet over 14 million infants remain unvaccinated – WHO, UNICEF

    New WHO guidelines for clinical management of arboviral diseases: dengue, chikungunya, Zika and yellow fever

    Air Canada Celebrates Canada Day with Limited-time Fare Discounts for Customers Flying from India

    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

    Left to Right- Ishfaaq Uvaim, Manager Telangana and Andhra Pradesh;  Mr. Dheera Hettiarachchi, Chairman, Sri Lanka Convention Bureau;  Mrs. Harsha Ruparathne, Actg. Deputy High Commissioner, Sri Lanka Deputy High Commission in Chennai, India;  Mrs. Malkanthi Welikala, Manager – Marketing, SLCB

    Sri Lanka Tourism boosts Indian MICE Engagement with Dynamic and Exclusive Networking Evening in TAJ Krishna, Hyderabad

  • National
    • All
    • Economy & Politics
    • Election
    Moments that CLiQ Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette

    Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

    Shriram Life Insurance Partners with ESAF Small Finance Bank to Serve Underserved Markets

    Bihar’s Railway Budget Sees Historic Growth: 9-Fold Rise in 11 Years, Says Ashwini Vaishnaw

    Aadi Thiruvadhirai festival to be held from July 23 to 27 at Gangaikonda Cholapuram: Prime Minister to participate On 27th

    Reserve Bank of India Awareness Program at Pondicherry University for Students and Scholars

    Newspapers, Periodicals and TV Channels Urged to Register on PB-SHABD Platform for Free Access to Authentic News Content

  • Business

    Crompton Achieves Milestone by Completing Final NCD Repayment of Rs. 300 Crs, Transitions to Zero Debt and Net Cash Positive Status

    SBI Card and PhonePe Forms Strategic Partnership; Launch Co-Branded “PhonePe SBI Card”

    “We delivered a steady topline growth of 10% in Q1 FY26, with double-digit net profit growth.’-Sunil D’Souza, MD & CEO of Tata Consumer Products.

  • Health

    Global childhood vaccination coverage holds steady, yet over 14 million infants remain unvaccinated – WHO, UNICEF

    “The relaunch is our way of expressing gratitude to our early patrons and reintroducing the space with renewed energy.”-Mr. Arup Chatterjee Regional Manger South spokesperson from Barbeque Nation Hospitality Ltd.

    Abbott Launches Digene Insta on the Go – Instant Relief from Acidity, Anytime, Anywhere

    Apollo AyurVAID Launches India’s First ‘Tested Safe’ Ayurveda Products

    Ichnos Glenmark Innovation (IGI) Announces Global Commercialization Strategy for ISB 2001 Following Licensing Deal with AbbVie

    New WHO guidelines for clinical management of arboviral diseases: dengue, chikungunya, Zika and yellow fever

  • Technology
    • All
    • Environment
    • Science

    Eveready Launches India’s 1st Ever Hybrid Torch with Sonakshi Sinha-starrer ‘Nikita Roy’

    Sony India launches WF-C710N earbuds with Dual Noise Cancelling and smart AI calling features

    HAL receives first set of wing assemblies for LCA Mk1A from L&T

    Emerson NI Days India 2025

    Industry leaders unveil innovative solutions for print, branding, signage and digital displays.

    “This University Is Not Just an Institution—It’s a Mini City of Engineers”: Union Minister Scindia

  • Auto

    Lucid, Nuro, and Uber Partner on Next-Generation Autonomous Robotaxi Program

    Volvo Cars reports Q2 2025 results, turnaround plan is fully on track

    Baneswar Banerjee, President & NSH, Mahindra, Deepak Sinha, NSH & Service Delivery, Mahindra EV and senior officials inaugurated PPS Mahindra showroom at Kanakapura Road

    PPS Motors inaugurates new Mahindra Showroom at Kanakapura Road, Bengaluru

    THE ALL-NEW LEAF. THE THIRD-GENERATION ELECTRIC VEHICLE (EV) LAUNCHED

  • Sports

    Over 99% of Indian Children Want to Play Sports but 1 in 4 P.E. Classes Get Cancelled, Shows National Survey by Sportz Village

    Gulbarga Mystics to face Mangaluru Dragons in season opener of Shriram Capital Maharaja Trophy KSCA T20  

    ‘The corner defender is the pillar of the team:’ Yogesh Dahiya on his record-breaking Bulls move

    Breaking Barriers, Smashing Limits: Adani Sportsline’s Lakshmi Jadala Qualifies for Special Olympics 2027

  • Entertainment

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

  • Lifestyle
    • All
    • Food
    • Travel
    Moments that CLiQ Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette

    Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

    Absolute Hotel Services Signs Second Landmark Property in Rajasthan — New Upscale Retreat in Ajmer Marks Strategic Cluster Expansion

    KUSHAL’S FASHION JEWELLERY MARKS MILESTONE OF 100 STORES, AIMS TO REACH 150 BY THE END OF THIS FINANCIAL YEAR

    Lab-Grown Trend? SWA Diamonds Flies High Globally with 100% Natural Gems

    Bangalore gets its very first “Paradise Kebab fest”

    Radisson Blu MBD Hotel Noida Marks Their 80th Milestone with the Launch of Ashok Karya, A Movement of Purpose

No Result
View All Result
24*7 News World
  • Home
  • World

    Glion awarded prestigious Swiss Federal Accreditation

    Global childhood vaccination coverage holds steady, yet over 14 million infants remain unvaccinated – WHO, UNICEF

    New WHO guidelines for clinical management of arboviral diseases: dengue, chikungunya, Zika and yellow fever

    Air Canada Celebrates Canada Day with Limited-time Fare Discounts for Customers Flying from India

    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

    Shah Rukh Khan to Grace the Grand Opening of City of Dreams Sri Lanka

    Left to Right- Ishfaaq Uvaim, Manager Telangana and Andhra Pradesh;  Mr. Dheera Hettiarachchi, Chairman, Sri Lanka Convention Bureau;  Mrs. Harsha Ruparathne, Actg. Deputy High Commissioner, Sri Lanka Deputy High Commission in Chennai, India;  Mrs. Malkanthi Welikala, Manager – Marketing, SLCB

    Sri Lanka Tourism boosts Indian MICE Engagement with Dynamic and Exclusive Networking Evening in TAJ Krishna, Hyderabad

  • National
    • All
    • Economy & Politics
    • Election
    Moments that CLiQ Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette

    Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

    Shriram Life Insurance Partners with ESAF Small Finance Bank to Serve Underserved Markets

    Bihar’s Railway Budget Sees Historic Growth: 9-Fold Rise in 11 Years, Says Ashwini Vaishnaw

    Aadi Thiruvadhirai festival to be held from July 23 to 27 at Gangaikonda Cholapuram: Prime Minister to participate On 27th

    Reserve Bank of India Awareness Program at Pondicherry University for Students and Scholars

    Newspapers, Periodicals and TV Channels Urged to Register on PB-SHABD Platform for Free Access to Authentic News Content

  • Business

    Crompton Achieves Milestone by Completing Final NCD Repayment of Rs. 300 Crs, Transitions to Zero Debt and Net Cash Positive Status

    SBI Card and PhonePe Forms Strategic Partnership; Launch Co-Branded “PhonePe SBI Card”

    “We delivered a steady topline growth of 10% in Q1 FY26, with double-digit net profit growth.’-Sunil D’Souza, MD & CEO of Tata Consumer Products.

  • Health

    Global childhood vaccination coverage holds steady, yet over 14 million infants remain unvaccinated – WHO, UNICEF

    “The relaunch is our way of expressing gratitude to our early patrons and reintroducing the space with renewed energy.”-Mr. Arup Chatterjee Regional Manger South spokesperson from Barbeque Nation Hospitality Ltd.

    Abbott Launches Digene Insta on the Go – Instant Relief from Acidity, Anytime, Anywhere

    Apollo AyurVAID Launches India’s First ‘Tested Safe’ Ayurveda Products

    Ichnos Glenmark Innovation (IGI) Announces Global Commercialization Strategy for ISB 2001 Following Licensing Deal with AbbVie

    New WHO guidelines for clinical management of arboviral diseases: dengue, chikungunya, Zika and yellow fever

  • Technology
    • All
    • Environment
    • Science

    Eveready Launches India’s 1st Ever Hybrid Torch with Sonakshi Sinha-starrer ‘Nikita Roy’

    Sony India launches WF-C710N earbuds with Dual Noise Cancelling and smart AI calling features

    HAL receives first set of wing assemblies for LCA Mk1A from L&T

    Emerson NI Days India 2025

    Industry leaders unveil innovative solutions for print, branding, signage and digital displays.

    “This University Is Not Just an Institution—It’s a Mini City of Engineers”: Union Minister Scindia

  • Auto

    Lucid, Nuro, and Uber Partner on Next-Generation Autonomous Robotaxi Program

    Volvo Cars reports Q2 2025 results, turnaround plan is fully on track

    Baneswar Banerjee, President & NSH, Mahindra, Deepak Sinha, NSH & Service Delivery, Mahindra EV and senior officials inaugurated PPS Mahindra showroom at Kanakapura Road

    PPS Motors inaugurates new Mahindra Showroom at Kanakapura Road, Bengaluru

    THE ALL-NEW LEAF. THE THIRD-GENERATION ELECTRIC VEHICLE (EV) LAUNCHED

  • Sports

    Over 99% of Indian Children Want to Play Sports but 1 in 4 P.E. Classes Get Cancelled, Shows National Survey by Sportz Village

    Gulbarga Mystics to face Mangaluru Dragons in season opener of Shriram Capital Maharaja Trophy KSCA T20  

    ‘The corner defender is the pillar of the team:’ Yogesh Dahiya on his record-breaking Bulls move

    Breaking Barriers, Smashing Limits: Adani Sportsline’s Lakshmi Jadala Qualifies for Special Olympics 2027

  • Entertainment

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    Vogue Wedding Atelier presented by HSBC India at Taj Palace, New Delhi, from 8-10 August 2025

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

  • Lifestyle
    • All
    • Food
    • Travel
    Moments that CLiQ Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette

    Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

    Absolute Hotel Services Signs Second Landmark Property in Rajasthan — New Upscale Retreat in Ajmer Marks Strategic Cluster Expansion

    KUSHAL’S FASHION JEWELLERY MARKS MILESTONE OF 100 STORES, AIMS TO REACH 150 BY THE END OF THIS FINANCIAL YEAR

    Lab-Grown Trend? SWA Diamonds Flies High Globally with 100% Natural Gems

    Bangalore gets its very first “Paradise Kebab fest”

    Radisson Blu MBD Hotel Noida Marks Their 80th Milestone with the Launch of Ashok Karya, A Movement of Purpose

No Result
View All Result
24*7 News World
No Result
View All Result
Home Business

‘Runway to a Billion Opportunities’ – Raksha Mantri Inaugurates Aeroindia 2019

FWM by FWM
February 21, 2019
in Business
0
The Secretary, Department of Defence Research & Development, Chairman, Defence Research and Development Organisation (DRDO) and Director General, Aeronautical Development Agency (ADA), Dr. G. Satheesh Reddy handing over the Final Operational Clearance (FOC) for LCA Air Force Mk1 to the Chief of the Air Staff, Air Chief Marshal B.S. Dhanoa, in Bengaluru on February 20, 2019.

The Secretary, Department of Defence Research & Development, Chairman, Defence Research and Development Organisation (DRDO) and Director General, Aeronautical Development Agency (ADA), Dr. G. Satheesh Reddy handing over the Final Operational Clearance (FOC) for LCA Air Force Mk1 to the Chief of the Air Staff, Air Chief Marshal B.S. Dhanoa, in Bengaluru on February 20, 2019.

20 FEB 2019 7:08PM  PIB NewDelhi:

Raksha Mantri Smt Nirmala Sitharaman inaugurated the 12th biennial edition of International Aerospace and Defence Exhibition and declared the Aero India 2019 open today amidst a lot of fanfare at Air Force Station Yelahanka in Bengaluru. This edition of Aero India, for the first time, combines the defence and civil aviation segments into a holistic event with the co-involvement of the defence and civil aviation ministries in the event. More than 600 Indian Companies and 200 Foreign Companies are participating and witnessing the largest Air show of Asia.

Present at the occasion were Chief Minister of Karnataka Shri HD Kumaraswamy, Minister of State for Civil Aviation Shri Suresh Prabhu, Raksha Rajya Mantri Dr Subhash Bhamre, Minister of Statistics and Programme ImplementationShri Sadananda Gowda, the three Service Chiefs of the Army, Navy and the Air Force, Defence Secretary Shri Sanjay Mitra, Secretary Defence Production Dr Ajay Kumar, Chairman and Secretary DRDO Dr Satheesh Reddy, delegates from several foreign countries, senior serving officers from the three Services, veterans, and senior executives from defence industries.

During her inaugural address Smt Nirmala Sitharaman welcomed a host of Foreign Ministers and Deputy Ministers along with their delegations who were representing various countries from all around the world. She said that this edition of Aero India intended and endeavoured to put India on the Global map and intended metaphorically to be a “Runway to a billion opportunities”!

She said that lately India had established itself as the hub of manufacturing and export of various world class avionics equipment and she added that the country now had the potential for “Nose to tail production”. She hailed the “Make in India” initiative of the Government that had provided the impetus for increased self-reliance in Defence and stressed on the need for instituting provisions for creating the ecosystem for utilisation and consolidation of design and manufacturing facilities to create a ‘robust supply chain system’.

ADVERTISEMENT

Talking about Defence procurements, Raksha Mantri added that during the last four years, 150 contracts worth Rs 1,27,500 Cr had been signed with Indian vendors for procurement of defence equipment for the Armed forces. She also mentioned that the Government had accorded AoN to 164 proposals worth Rs 2,79,950 Cr under ‘Buy and Make” categories only to the Indian vendors. She also mentioned that the VoP in respect of OFB and DPSUs had grown from 43,746 Cr in 2013-14 to Rs 58,163 Cr in 2017-18, out of which 40% of the production had been outsourced to the Private Sector and that the Government had also issued RFP for the manufacture of seven identified types of ammunition in private sector.

During her address, Raksha Mantri hailed several policy initiatives of the Government under the ‘Make in India’ viz. 100% FDI in Defence Manufacturing, Defence Offset Policy 2016, Delicensing of Defence items, iDEX and the Defence Investor’s cell. She quoted S 92 Helicopter cabin, Advance Aircraft Cockpit, Glass Cockpit for Dornier and CH-47 Pylon for Boeing as some recent successes displayed at the Indian Pavilion. She also hailed Indian PSUs for manufacturing more than 4000 aircraft including LCA, LCH, ALH, C295 etc.

She applauded the 10,000 MSMEs which made 80% of components, aggregates and assemblies of complex weapon systems and aircrafts. She also informed that more than 424 companies had obtained the licence for Defence production which was almost double the number in last four years. Raksha Mantri mentioned the ‘Defence Investor cell’ which was set up in Jan 2018, to enhance the ‘Ease of doing Business’ and informed that over 350 industries had been facilitated till date. She also mentioned that 275 Ordnance Factory items had been de-notified and also that testing facilities of DPSUs and OFs had been opened up for private industry.

She told that 34 projects relating to Army, Navy and Air Force had already been accorded ‘Approval in Principle’ under the ‘Make-II’ category. The Raksha Mantri mentioned that the FDI policy had been revised and now foreign investments upto 49% were allowed through the automatic route and above 49% under Government route. She also mentioned that in last four years, six companies in Defence and Aerospace sectors had obtained government approval for FDI of Rs 237 Cr while FDI of over Rs 200 Cr had been received through the automatic route.

The Raksha Mantri informed the audience about the iDEX scheme which was launched on 12th April 2018, to create a network of Defence Innovation hubs throughout the country and to resolve Defence and Aerospace related issues. She also informed about the first innovation hub that had already started at Coimbatore and setting up of the two defence corridors in Uttar Pradesh and Tamil Nadu, the latest one being in Tiruchirappalli on 20 Jan 2019 wherein investments of more than Rs 3200 Cr were committed by the Defence Industry. She also mentioned the ‘Mission Raksha Gyan Shakti’, launched by the Ministry of Defence, to create greater capacity development and encourage greater filing of patents in defence and aerospace sectors.

Smt Nirmala Sitharaman further stated that the government was committed to create an enabling environment for a domestic ecosystem of defence manufacturing, the results of which were already visible. She said, “With the policy initiatives and the procedural reforms, I am confident that India will emerge as a key player in the global defence arena. We will create an ecosystem in which there would be enhanced technological collaborations of the public as well as private sectors with the foreign Defence OEMs. Strategic partnerships will be forged with increased integration of skills, systems, technologies and manufacturing capabilities.”

Chief Minister of Karnataka  HD Kumaraswamy welcomed the ministers and other delegates. Minister for Civil Aviation   Suresh Prabhu and Raksha Rajya Mantri Dr Subhash Bhamre also spoke on the occasion.

The inaugural address was followed by three Mi-17 V-5 helicopters flying past the dais in ‘Vic’ formation carrying the Indian tricolour, the Air Force ensign and the Aero India flag. The air display commenced with a solitary vintage Dakota flying by the stands. Thereafter a host of indigenously manufactured helicopters including the LUH, ALH Mk III and IV and LCH filled the skies with their jet wash. This followed by three ALH Mk IV (Rudra) in a ‘Vic’ formation. Following the fly past by the indigenous Dornier 228 flanked by the Hawk-i and HTT-40, came the Sukhoi flanked by LCA Tejas and Jaguar in the Missing man Formation as a homage to Wg Cdr Sahil Gandhi who lost his life in a fatal air collision yesterday during a practice sortie of the Surya Kiran Aerobatic Team. This was followed by the fighters thundering over the grandstand through the skies displaying a host of aerobatic manoeuvres – the Su 30 MKI followed by indigenous Tejas LCA, the American F-16 Falcon and the French Rafale. A host of helicopters including the LUH, LCH, ALH Mk-IV and the Sarang helicopter display team enthralled the spectators with their performance. The finale started with an air display by Airbus 330 Neo followed by a grand flyby by the majestic B-52 Bombers of 1950 vintage.

A total of 61 aircraft are participating in the event out of which 31 are flying. The total area of the show has grown from 27,678 sq m to 28,398 sq m this year.

Tags: Aero India 2019
FWM

FWM

Related Posts

Business

Crompton Achieves Milestone by Completing Final NCD Repayment of Rs. 300 Crs, Transitions to Zero Debt and Net Cash Positive Status

by FWM
July 23, 2025
Business

SBI Card and PhonePe Forms Strategic Partnership; Launch Co-Branded “PhonePe SBI Card”

by FWM
July 23, 2025
Business

“We delivered a steady topline growth of 10% in Q1 FY26, with double-digit net profit growth.’-Sunil D’Souza, MD & CEO of Tata Consumer Products.

by FWM
July 23, 2025
Business

“Our performance in Q1 demonstrates the strength of our enterprise AI capabilities, the success in client consolidation decisions, and the dedication of our over 300,000 employees”, said Salil Parekh, CEO and MD.

by FWM
July 23, 2025
Business

BRIGADE HOTEL VENTURES LIMITED INITIAL PUBLIC OFFERING TO OPEN ON Thursday, July 24, 2025

by FWM
July 23, 2025

Stay Connected

Moments that CLiQ Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette

Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

July 23, 2025

Shriram Life Insurance Partners with ESAF Small Finance Bank to Serve Underserved Markets

July 23, 2025

Crompton Achieves Milestone by Completing Final NCD Repayment of Rs. 300 Crs, Transitions to Zero Debt and Net Cash Positive Status

July 23, 2025

Recent News

Moments that CLiQ Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette

Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

July 23, 2025

Shriram Life Insurance Partners with ESAF Small Finance Bank to Serve Underserved Markets

July 23, 2025

Crompton Achieves Milestone by Completing Final NCD Repayment of Rs. 300 Crs, Transitions to Zero Debt and Net Cash Positive Status

July 23, 2025

Over 99% of Indian Children Want to Play Sports but 1 in 4 P.E. Classes Get Cancelled, Shows National Survey by Sportz Village

July 23, 2025
ADVERTISEMENT

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

error: Content is protected !!
No Result
View All Result
  • Home
  • World
  • National
  • Business
  • Economy & Politics
  • Election
  • Health
  • Technology
  • Auto
  • Sports
  • Entertainment
  • Lifestyle

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

Go to mobile version