Of 7 cases lodged against him, Verma was acquitted in 3 & is facing trial in 4. He claims all cases were 'politically motivated' & is now trying to rebrand himself as a businessman.
Gun maker Rheinmetall also allegedly paid controversial arms agent Abhishek Verma to get it off the hook, was misled by an undisclosed Indian industrial group.
The verdict by a lower court – now being challenged by the CBI – had put all agency cases against Abhishek Verma on a weak wicket as it had struck at the core of prosecution argument.
MANU PUBBY
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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