The discussions with the rival manufacturers relate to engines that would power about 150 new Airbus SE A320neo jets and the agreement could be worth around $10.7 billion.
The company shipped 47 of its best-selling A320-series narrow-bodies, as well as two of the A220 series in July. India’s Vistara was one of the companies that took delivery.
From Rolls-Royce's Trent 1000 engine to Pratt & Whitney’s engines in the A320neo, companies are juggling production demand, pollution and science to survive the volatile market.
The Budget’s emphasis on seven ‘strategic and frontier’ manufacturing areas is clearly not random. These are areas of high import dependence, strong employment, and rising geopolitical sensitivity.
Finance Minister Nirmala Sitharaman proposed AI integration in several sectors, from agriculture to the manufacture of assistive devices for Divyangjan or people with disabilities.
After lapses exposed by terror attacks at Pahalgam and Delhi's Red Fort, Centre has hiked Intelligence Bureau's expenditure for investments in long-term assets from Rs 257 cr to Rs 2,549 cr.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
COMMENTS