The new engine, set to be developed over the next 10 years, will power the second tranche of Advanced Medium Combat Aircraft. First set will be equipped with GE 414 engines.
The Kaveri experience is a story of a glass more than half full. We have developed a functional engine and accrued data points and experience at a relatively low cost. Now is the time to build better.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
Hope it won’t end up like the utter flop Kaveri engine.