Latest news with #India-built
The Print
a day ago
- Business
- The Print
India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft
According to the Rs 21,000-crore deal with Airbus Defence and Space that Spain signed in September 2021, the first 16 aircraft will to be delivered in 'fly-away' condition from its final assembly line in Seville, Spain. The delivery was to be completed by September 2025. This means that now the focus will be on the first India-built C-295, which, sources in the defence establishment said, was on track to roll out from the final assembly line in Gujarat's Vadodara. New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be delivered to India next month, two months ahead of schedule, ThePrint has learnt. The remaining 40 aircraft will be manufactured and assembled by Tata Advanced Systems Limited (TASL) in India as part of an industrial partnership between the two companies. 'The last of the 16 aircraft which was to come from Spain will be handed over to India next month, two months ahead of schedule. The first India-built C-295 is on track and will roll out in September 2026,' a source said. The remaining 39 will be delivered by 2031. While the final assembly line is in Gujarat, a majority of the work will be done in TASL facilities in Hyderabad and Nagpur. Parts like the fuselage and others will be made in Hyderabad and shipped to Gujarat for the final assembly. Sources said that Airbus and TATA are also in talks with both the Indian Navy and the Coast Guard for another possible order for the 15 aircraft which are specifically made for maritime operations. As reported earlier by ThePrint, the Indian Navy is looking at placing an order for 9 C-295 aircraft while the Coast Guard is looking at 7. This is the first time in Indian history that an Indian private company is making an aircraft. In terms of the collaboration between Airbus and TATA, there is nearly 90 percent technology transfer. In terms of man hours, the aircraft will be built whole in India from the 30th aircraft onwards, he added. This means that there will be no work done by Airbus on the rest of the order outside the country. About 14,000 parts of the aircraft are being indigenised by the TATA group at the rate of about 4,000 every year. The only parts that will not be indigenised are those which are non-Airbus—like the landing gear, engine, avionics. (Edited by Viny Mishra) Also read: Modi calls new Airbus C295 plant example of 'New India' at inauguration with Spanish PM
Mint
08-07-2025
- Business
- Mint
‘Peace is nothing but illusion, we must prepare for uncertainty': Rajnath Singh's stark warning
Peace time is nothing but an 'illusion', and India must remain prepared for uncertainty even during periods of relative calm, Defence Minister Rajnath Singh said while hailing the armed forces for the valour they displayed during Operation Sindoor. In an address at an event on July 7, Singh said the performance of the indigenously built equipment and platforms in the operation increased the global demand for India-built military products. "The world is looking at our defence sector with new respect. A single delay or error in financial processes can directly affect operational preparedness," he said. "Most of the equipment we once imported is now being made in India. Our reforms are succeeding because of the clarity of vision and commitment at the highest level," the defence minister said, addressing the Controllers' Conference of the Defence Accounts Department (DAD). "A single delay or error in financial processes can directly affect operational preparedness," he said, and called on the DAD to evolve from a "controller" to a "facilitator" in sync with increasing participation of the private sector in defence. Delving into the larger geopolitical situation, the defence minister cited an analysis by the Stockholm International Peace Research Institute, which said the global military expenditure reached $2.7 trillion in 2024. This opens up tremendous opportunities for India's indigenous defence industries, Singh said. The defence minister praised the DAD's new motto "Alert, Agile, Adaptive" and noted that these are not mere words, but a reflection of the work culture required in today's rapidly evolving defence environment. Singh urged officials to undertake internal reform through self-introspection rather than rely solely on external audits or consultants. Improvements made through internal evaluation create living organisations. These reforms are more organic, with fewer barriers. "Peace time is nothing but an illusion. Even during periods of relative calm, we must prepare for uncertainty. Sudden developments can force a complete shift in our financial and operational posture," he said. "Whether it's stepping up equipment production or adapting financial processes, we must be ready with innovative techniques and responsive systems at all times," he said. He urged the DAD to incorporate this mindset into their planning, budgeting and decision-making systems. Highlighting the increasing strategic and economic significance of the defence sector, Singh called for a shift in perception from defence spending as mere expenditure to an economic investment with a multiplier impact. "Until recently, defence budgets were not seen as part of the national economy. Today, they are growth drivers," he added. Singh said India, along with the rest of the world, is entering a new phase of re-armament, marked by capital-intensive investments in the defence sector. Peace time is nothing but an illusion. Even during periods of relative calm, we must prepare for uncertainty. The defence minister called upon the DAD to incorporate defence economics in their planning and assessments, including social impact analysis of R&D projects and dual-use technologies.
The Hindu
07-07-2025
- Business
- The Hindu
Peace time is nothing but 'illusion': Defence Minister Rajnath Singh
'Peace time is nothing but an 'illusion,' and India must remain prepared for uncertainty even during periods of relative calm,' Defence Minister Rajnath Singh said while hailing the armed forces for the valour they displayed during Operation Sindoor. In an address at an event, Mr. Singh said the performance of the indigenously built equipment and platforms in the operation increased the global demand for India-built military products. "The world is looking at our defence sector with new respect. A single delay or error in financial processes can directly affect operational preparedness," he said. "Most of the equipment we once imported is now being made in India. Our reforms are succeeding because of the clarity of vision and commitment at the highest level," he said. The Defence Minister was addressing the Controllers' Conference of the Defence Accounts Department (DAD). "A single delay or error in financial processes can directly affect operational preparedness," he said, and called on the DAD to evolve from a "controller" to a "facilitator" in sync with increasing participation of the private sector in defence. Delving into the larger geopolitical situation, the Defence Minister cited an analysis by the Stockholm International Peace Research Institute, which said the global military expenditure reached $2.7 trillion in 2024. 'This opens up tremendous opportunities for India's indigenous defence industries,' he said. The Defence Minister praised the DAD's new motto "Alert, Agile, Adaptive" and noted that these are not mere words, but a reflection of the work culture required in today's rapidly evolving defence environment. He urged officials to undertake internal reform through self-introspection, rather than relying solely on external audits or consultants. "Improvements made through internal evaluation create living organisations. These reforms are more organic, with fewer barriers. Peace time is nothing but an illusion. Even during periods of relative calm, we must prepare for uncertainty. Sudden developments can force a complete shift in our financial and operational posture," he said. Defence Acquisition Council clears ₹1.05 lakh crore indigenous deals in first meeting after Operation Sindoor "Whether it's stepping up equipment production or adapting financial processes, we must be ready with innovative techniques and responsive systems at all times," he said. He urged the DAD to incorporate this mindset into their planning, budgeting and decision-making systems. Highlighting the increasing strategic and economic significance of the defence sector, Mr. Singh called for a shift in perception from defence spending as mere expenditure to an economic investment with multiplier impact. "Until recently, defence budgets were not seen as part of the national economy. Today, they are growth drivers," he added. Mr. Singh said India, along with the rest of the world, is entering a new phase of re-armament, marked by capital-intensive investments in the defence sector. The Defence Minister called upon the DAD to incorporate defence economics in their planning and assessments, including social impact analysis of R&D projects and dual-use technologies.
Economic Times
07-07-2025
- Business
- Economic Times
Peace time is nothing but 'illusion': Rajnath Singh
ANI Defence Minister Rajnath Singh Peace time is nothing but an "illusion", and India must remain prepared for uncertainty even during periods of relative calm, Defence Minister Rajnath Singh said while hailing the armed forces for the valour they displayed during Operation an address at an event, Singh said the performance of the indigenously built equipment and platforms in the operation increased the global demand for India-built military products."The world is looking at our defence sector with new respect. A single delay or error in financial processes can directly affect operational preparedness," he said."Most of the equipment we once imported is now being made in India. Our reforms are succeeding because of the clarity of vision and commitment at the highest level," he said. The defence minister was addressing the Controllers' Conference of the Defence Accounts Department (DAD). "A single delay or error in financial processes can directly affect operational preparedness," he said, and called on the DAD to evolve from a "controller" to a "facilitator" in sync with increasing participation of the private sector in into the larger geopolitical situation, the defence minister cited an analysis by the Stockholm International Peace Research Institute, which said the global military expenditure reached USD 2.7 trillion in opens up tremendous opportunities for India's indigenous defence industries, he defence minister praised the DAD's new motto "Alert, Agile, Adaptive" and noted that these are not mere words, but a reflection of the work culture required in today's rapidly evolving defence urged officials to undertake internal reform through self-introspection, rather than relying solely on external audits or consultants. "Improvements made through internal evaluation create living organisations. These reforms are more organic, with fewer barriers. "Peace time is nothing but an illusion. Even during periods of relative calm, we must prepare for uncertainty. Sudden developments can force a complete shift in our financial and operational posture," he said."Whether it's stepping up equipment production or adapting financial processes, we must be ready with innovative techniques and responsive systems at all times," he urged the DAD to incorporate this mindset into their planning, budgeting and decision-making the increasing strategic and economic significance of the defence sector, Singh called for a shift in perception from defence spending as mere expenditure to an economic investment with multiplier impact. "Until recently, defence budgets were not seen as part of the national economy. Today, they are growth drivers," he added. Singh said India, along with the rest of the world, is entering a new phase of re-armament, marked by capital-intensive investments in the defence sector. The defence minister called upon the DAD to incorporate defence economics in their planning and assessments, including social impact analysis of R&D projects and dual-use technologies.
Time of India
07-07-2025
- Business
- Time of India
Peace time is nothing but 'illusion': Rajnath Singh
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Peace time is nothing but an "illusion", and India must remain prepared for uncertainty even during periods of relative calm, Defence Minister Rajnath Singh said while hailing the armed forces for the valour they displayed during Operation Sindoor In an address at an event, Singh said the performance of the indigenously built equipment and platforms in the operation increased the global demand for India-built military products."The world is looking at our defence sector with new respect. A single delay or error in financial processes can directly affect operational preparedness," he said."Most of the equipment we once imported is now being made in India. Our reforms are succeeding because of the clarity of vision and commitment at the highest level," he defence minister was addressing the Controllers' Conference of the Defence Accounts Department (DAD)."A single delay or error in financial processes can directly affect operational preparedness," he said, and called on the DAD to evolve from a "controller" to a "facilitator" in sync with increasing participation of the private sector in into the larger geopolitical situation , the defence minister cited an analysis by the Stockholm International Peace Research Institute, which said the global military expenditure reached USD 2.7 trillion in opens up tremendous opportunities for India's indigenous defence industries , he defence minister praised the DAD's new motto "Alert, Agile, Adaptive" and noted that these are not mere words, but a reflection of the work culture required in today's rapidly evolving defence urged officials to undertake internal reform through self-introspection, rather than relying solely on external audits or consultants. "Improvements made through internal evaluation create living organisations. These reforms are more organic, with fewer barriers."Peace time is nothing but an illusion. Even during periods of relative calm, we must prepare for uncertainty. Sudden developments can force a complete shift in our financial and operational posture," he said."Whether it's stepping up equipment production or adapting financial processes, we must be ready with innovative techniques and responsive systems at all times," he urged the DAD to incorporate this mindset into their planning, budgeting and decision-making the increasing strategic and economic significance of the defence sector, Singh called for a shift in perception from defence spending as mere expenditure to an economic investment with multiplier impact."Until recently, defence budgets were not seen as part of the national economy. Today, they are growth drivers," he said India, along with the rest of the world, is entering a new phase of re-armament, marked by capital-intensive investments in the defence defence minister called upon the DAD to incorporate defence economics in their planning and assessments, including social impact analysis of R&D projects and dual-use technologies.
