Embraer and Mahindra will engage with the Indian Air Force to identify the next steps of the MTA program, as well as contact the local aerospace industry in India to start developing the industrialisation plan for the project.
According to Mahindra, the auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last 2-3 years.
CEO Anish Shah is setting out a road map to revive Mahindra Group, a 76-yr-old conglomerate that is exiting money-losing businesses & writing down almost all losses in a restructuring.
The increase in sales point to some sign of life in rural India, and could be an encouraging sign for PM Narendra Modi as the govt prises the economy open again.
Industrialist says Mahindra Group will get its manufacturing units to make ventilators, amid fears that India could be in ‘Stage 3’ of coronavirus spread.
Despite a public power struggle in the USIBC, the Indian side remains in touch with the council, as the split is expected to have limited impact on trade.
MANU PUBBY
It’s tempting to read Baba Ramdev’s recent spats as an imminent ‘friendship cancel’ with the BJP. After all, the two entities have been locked in a symbiotic dance for years.
Russia now accounts for about half of India’s crude imports. Experts say this reflects source diversification, but high concentration carries risks from sanctions, shipping curbs.
Sergio Gor visits C-130J production line at TLMAL as Tata and Lockheed Martin explore the Medium Transport Aircraft competition and expand defence manufacturing in India.
At some point Pakistani dictators begin to show paranoia. That’s the strategic reality most relevant to India since the late fifties. Munir’s case is worse, like some sudden acrophobia.
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