Swedish Aerospace and Defence firm, SAAB Group on Monday said the company is willing to offer defence capabilities to enable India to manufacture and export next generation fighter jets
While the Light Combat Aircraft (LCA) Tejas—now finally inducted into the Indian Air Force (IAF)—will be flying at the 11th edition of Aero India, defence PSU Hindustan Aeronautics Limited (HAL) will also be debuting new metal birds, while its partner SAAB, a Swedish firm supply equipment to the armed forces since mid 1970s will showcase its strength.
Reliance Infrastructure Limited (RInfra) promoted Reliance Aerostructure Limited’s proposed JV with Dassault Aviation has received the CCI clearance and have named the new JV as Dassault Reliance Aerospace Ltd.
Thales, a global technology leader for the Aerospace, Transport, Defence and Security markets, has appointed Emmanuel de Roquefeuil as its new Vice President and Country Director for India.
Calling its a directional change, the Indian industry was glad that Defence Capex allocation has been increased by 20% over RE 16-17 and 10% over BE 16-17.