India Remains a Key Contributor to Our Global Supply Chain Despite Economic Turbulence: Boeing
4 years, 4 months ago

India Remains a Key Contributor to Our Global Supply Chain Despite Economic Turbulence: Boeing

News 18  

Despite Covid-19 induced economic turbulence, aerospace major Boeing India plans to maintain its systems and components sourcing activity in India. Our sourcing from India stands at close to $1 billion a year from more than 200 suppliers who are manufacturing critical systems and components for some of Boeing's most advanced products," said Boeing India president Salil Gupte. "Our growing installed platform base with commercial and defence customers in India and our expanding supplier base makes it imperative for us to invest, develop and nurture talent," he said. "Through our skilling initiatives, we are training hundreds of pilots, aircraft maintenance engineers, technicians, and frontline factory workers across India with our industry partners like Tata, Rossell Techsys, Jaivel and Lakshmi Machine Works.

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History of this topic

International Civil Aviation Day: A glimpse into India's aviation industry
2 weeks, 3 days ago

International Civil Aviation Day: A glimpse into India's aviation industry

India Today  

International Civil Aviation Day, celebrated every year on December 7, is an important occasion to recognise the role of aviation in global connectivity, economic development, and fostering cultural exchange. This day also draws attention to the challenges faced by the aviation industry and the progress made in ensuring the safety, sustainability, and accessibility of air travel. In 2023, India’s aviation …

Why India is not keen on resuming direct flights to China
3 weeks, 6 days ago

Why India is not keen on resuming direct flights to China

Live Mint  

For Indians looking to travel to the Middle Kingdom, a direct flight is still some distance. Despite cooling hostilities, the Indian security establishment is opposed to direct flights that remain suspended since 2020, two people aware of the matter said, given unresolved national security concerns. “Currently, our security establishment is not in favour of resumption of direct flights with China," …

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report
Trending News
1 month, 2 weeks ago

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report

Op India  

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation of the global supply chain away from China says a report from Care Edge As per the report, Trump has proposed imposing high tariffs on imports from China, which could lead to changes in global trade dynamics, creating opportunities for India. It …

India could benefit from re-orientation of global supply chain away from China after Trump's victory
Trending News
1 month, 2 weeks ago

India could benefit from re-orientation of global supply chain away from China after Trump's victory

Op India  

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation of the global supply chain away from China says a report from Care Edge. As per report, Trump has proposed imposing high tariffs on imports from China, which could lead to changes in global trade dynamics, creating opportunities for India. It said …

Air Force Facing Supply Chain Breakdown Issue Due to Wars, Says Air Chief
2 months, 2 weeks ago

Air Force Facing Supply Chain Breakdown Issue Due to Wars, Says Air Chief

ABP News  

New Delhi: Indian Air Force Chief, Air Chief Marshal AP Singh Friday said due to the two ongoing wars between Russia and Ukraine as well as Israel and Hamas, the force is facing issues concerning a breakdown of supply chains. We also understand where we need to be as Indian Air Force because a lot depends on us for our …

How India can fix the Chinese imports problem
2 months, 3 weeks ago

How India can fix the Chinese imports problem

Live Mint  

India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. Read this | Mint Primer | China’s stimulus: What it spells for India & the world A growing economy like India’s naturally requires more imports to meet rising consumption and manufacturing demand, with cost …

Despite air travel boom, foreign tourist arrivals still lower than pre-Covid days
4 months ago

Despite air travel boom, foreign tourist arrivals still lower than pre-Covid days

Hindustan Times  

Indian carriers are adding new destinations by the day and increasing frequencies to existing ones. With Goa as the tourist capital of India, the appeal by the prime minister to visit domestic destinations may not have yielded results as we headed into a pandemic post that call in 2019. But even as new peaks are reached in air travel, the …

Need to strengthen Indian airlines for international air travel: Economic Survey 2024
5 months ago

Need to strengthen Indian airlines for international air travel: Economic Survey 2024

The Hindu  

Indian airlines need to be strengthened in order to ensure long-haul international air connectivity, the Economic Survey 2024 said. The emphasis on supporting Indian carriers, it said, was required to plug the leak caused by a large proportion of Indian long-haul international traffic travelling through connectivity hubs in the Middle East and Southeast Asia. At the same time, Air India …

India shuns China's calls to resume passenger flights after 4 years, officials say
6 months ago

India shuns China's calls to resume passenger flights after 4 years, officials say

The Hindu  

China is pressing India to restart direct passenger flights after a four-year halt, but New Delhi is resisting as a border dispute continues to weigh on ties between the world's two most populous countries, officials said. Direct flights would benefit both economies, but the stakes are higher for China, where a recovery in overseas travel after the COVID-19 pandemic is …

IT sector makes a delayed return to corporate air travel
10 months ago

IT sector makes a delayed return to corporate air travel

The Hindu  

After a long delay, a strong rebound in demand from the IT sector has spurred air travel for business purposes, said Luke Goggin, Virgin Atlantic’s vice president for global sales. He explained that the corporate travel recovery post the COVID-19 pandemic started with small businesses, followed by financial services which have back-end offices and regional offices in India. About the …

India set to provide new energy to global aviation market, says Modi
11 months ago

India set to provide new energy to global aviation market, says Modi

Hindustan Times  

Prime Minister Narendra Modi said that India is set to give new energy to the global aviation market because the country has prioritised connectivity infrastructure, as he inaugurated Boeing India’s Engineering and Technology Centre in Bengaluru on Friday. Modi said that the new facility demonstrated India’s commitment to driving global technology, and lauded the strides that Indian women had made …

India will be third largest GDP by 2027, says Nirmala
1 year, 1 month ago

India will be third largest GDP by 2027, says Nirmala

Deccan Chronicle  

New Delhi: Terming the India-Middle East-Europe Connectivity Corridor as one of the most promising connectivity projects, Union finance minister Nirmala Sitharaman on Wednesday said that it would be a win-win situation for all stakeholders who are involved in bringing efficiency in transportation, reducing logistic costs, increasing economic unity, generating employment, and lowering greenhouse gas emissions. The country’s economic growth is …

India’s H1 trade with China declines amid slowdown
1 year, 5 months ago

India’s H1 trade with China declines amid slowdown

The Hindu  

India’s trade with China declined in the first half of 2023 after more than two years of record growth, part of a broader slump in China’s trade performance that has underlined a sharp slowdown in the world’s second-largest economy Two-way trade reached $66.02 billion in the first half, data from China’s General Administration of Customs showed on Thursday. India’s imports …

India to be world’s most significant new profitable aircraft market: Barclays
1 year, 6 months ago

India to be world’s most significant new profitable aircraft market: Barclays

Live Mint  

India, with its remarkable growth rate in traffic, has emerged as a prominent market for the global aerospace and defense industry, Barclays said in a report on Thursday. The report also mentioned that India is the world's most significant new aircraft market. "The growing middle-class population with an increased propensity to travel stimulated by a government initiative through the UDAN …

Delhi to Mumbai Airfares Skyrocket, Surpassing Ticket Price to Dubai
1 year, 6 months ago

Delhi to Mumbai Airfares Skyrocket, Surpassing Ticket Price to Dubai

News 18  

In a surprising turn of events, airfares for the Delhi to Mumbai route have hit an all-time high, surpassing the rates for flights to Dubai. The Delhi to Mumbai airfare predicament serves as a reminder of the dynamic nature of the aviation industry, where prices can fluctuate rapidly based on market conditions and external factors. While the surge in airfares …

India is making its mark in the world
1 year, 6 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

Explained | The troubles of India’s aviation industry
1 year, 7 months ago

Explained | The troubles of India’s aviation industry

The Hindu  

The story so far: After low-cost carrier GoFirst’s insolvency filing last week, the aviation safety regulator Directorate General of Civil Aviation on Monday, May 8, directed the airline to stop selling air tickets immediately. While the Indian aviation sector initially saw a boom in the 1990s after opening up as a result of liberalisation reforms and the breaking of the …

Time for India to look at manufacturing aerospace products in India: Scindia
1 year, 9 months ago

Time for India to look at manufacturing aerospace products in India: Scindia

The Hindu  

Civil Aviation Minister Jyotiraditya Scindia on March 20 said it is time for India to look at manufacturing of aerospace products as he highlighted the growth potential of the country's aviation sector. "Time is ripe for manufacturing to take off in India," he said and emphasised that the country's aviation sector is growing exponentially. Speaking at a summit organised by …

“Travel sentiment continues to remain positive”
1 year, 9 months ago

“Travel sentiment continues to remain positive”

The Hindu  

How is travel demand looking at the moment considering we are in what is thought of the typical off-season? I think the announcement such as the one about direct flights to Jakarta could lead to demand doubling for travel to Indonesia from India. While it can be compared to Malaysia and Thailand, the travel time to places like Bali is …

Boeing partners GMR to set up 737 freighter conversion facility in India
1 year, 9 months ago

Boeing partners GMR to set up 737 freighter conversion facility in India

Hindustan Times  

Boeing Co said on Friday it would set up a facility in India to convert 737 passenger planes into dedicated freighters to tap into regional and global demand for the service. Boeing said it would set up the conversion facility in Hyderabad with Indian maintenance, repair and overhaul provider GMR Aero Technic. The deal adds to Boeing's $1 billion supply …

‘India’s contribution to Covid vaccines has been tremendous’: CEPI chief
1 year, 10 months ago

‘India’s contribution to Covid vaccines has been tremendous’: CEPI chief

Hindustan Times  

Richard Hatchett, CEO of CEPI who is on a visit to India, spoke to HT about the country gaining attention globally by manufacturing and developing anti-Covid vaccines in less than a year, and lessons learnt from the pandemic. Did the fact that India developed and produced Covid vaccines in less than a year catch global attention? And it wasn’t just …

India's aviation sector has enough potential for recurring aircraft orders: GE Aerospace
1 year, 10 months ago

India's aviation sector has enough potential for recurring aircraft orders: GE Aerospace

The Hindu  

Leading engine maker GE Aerospace has said there is enough potential for recurring aircraft orders by Indian carriers as massive growth is happening in the country's civil aviation space. Against the backdrop of Tata Group-owned Air India placing firm orders for 470 aircraft, a top official of GE Aerospace also said that India, which is the world's third largest aviation …

Air India Changing Global Geopolitics Through Aviation - News18
1 year, 10 months ago

Air India Changing Global Geopolitics Through Aviation - News18

News 18  

A country can take bold decisions only when it can stand on its own feet, and when India makes such a call, it does so because it has made itself that strong to be able to do it. Air India has also placed orders with Boeing and Airbus for 470 new aircraft, the largest by a single entity. Air India’s …

India requires 2,210 new airplanes by 2041: Boeing
1 year, 10 months ago

India requires 2,210 new airplanes by 2041: Boeing

The Hindu  

India will require approximately 2,210 new airplanes over the next two decades of which 1,983 units will be for single-aisle jets, while 227 units or 10% of new airplane deliveries will be for widebody airplanes, says a commercial market outlook for India released by Boeing here on Tuesday. Due to the rapid growth of its domestic traffic, Boeing forecasts that …

India\'s defence exports grew six-fold in last 5 years, says PM at Aero India
1 year, 10 months ago

India\'s defence exports grew six-fold in last 5 years, says PM at Aero India

Deccan Chronicle  

Bengaluru: With state elections drawing near, all roads lead to Karnataka for the BJP. Prime Minister Narendra Modi on Monday, flanked by defence minister Rajnath Singh and state chief minister Basavaraj Bommai, inaugurated Asia’s biggest air show, the "Aero India 2023" at Yelahanka Air Force Station in Bengaluru. Inaugurating the five-day event, the Prime Minister said that Aero India reflects …

Civil aviation sector witnessing strong V-shaped recovery; domestic passenger growth will continue: Scindia
1 year, 11 months ago

Civil aviation sector witnessing strong V-shaped recovery; domestic passenger growth will continue: Scindia

The Hindu  

India’s civil aviation sector is witnessing a very strong V-shaped recovery with encouraging domestic passenger numbers, and the growth will continue in the coming years, Union Minister Jyotiraditya Scindia said on Wednesday. In an interview with PTI, Mr. Scindia said the domestic passenger numbers are very encouraging and already, the number is around 111 million till November this year. When …

India is a glimmer of hope in a slowing world
1 year, 11 months ago

India is a glimmer of hope in a slowing world

Live Mint  

As we welcome 2023, there is much to be optimistic about and as much to reflect on. From bringing global manufacturing and supply chains to India to striking astute bilateral trade deals to building the much-needed infrastructure at a steady pace, the Prime Minister has dramatically altered not only the ease of doing business but also rendered the country a …

Explained | Is the economy driving with the brakes on?
1 year, 11 months ago

Explained | Is the economy driving with the brakes on?

The Hindu  

The story so far: At this time last December, India’s economy was on the cusp of a fledgling recovery from the COVID-19 pandemic, though the Omicron variant posed fresh speed bumps for the rebound. As JP Morgan managing director and India chief economist Sajjid Chinoy explained at a CII economic policy summit last week, 2022 was expected to see a …

India’s G20 Presidency: The Roadmap Ahead - News18
2 years ago

India’s G20 Presidency: The Roadmap Ahead - News18

News 18  

India assuming G20 presidency on 1 December 2022 is set to deliver the shared objectives of this inter-governmental organisation, which incorporates around 80 percent of world GDP, 75 percent of world trade, and 60 percent of world population. Hence, India as G20 president needs to prioritise four key issues to steer the trajectory of inclusive global development in the days …

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18
2 years ago

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18

News 18  

Covid protests have gripped several cities of China, including Beijing and Shanghai, spilling over to Hong Kong with even Chinese embassies in global metropolises like London, Paris and Tokyo as well as universities in US and Europe. Can tensions surrounding China’s zero-Covid policy present an opportunity for India to rejig supply chain models? While the total global manufacturing value added …

Only Healthy Nation Can Be Wealthy Nation, And India Is On Right Track To Be In G7 League
2 years ago

Only Healthy Nation Can Be Wealthy Nation, And India Is On Right Track To Be In G7 League

ABP News  

Covid-19 pandemic taught us a new lesson — the wealthy nations could not keep themselves healthy despite abundant resources at their disposal. India@2047 How India Progressed On Different Health Parameters Since Independence India has progressed leaps and bounds in the 75 years since Independence on the health front. In 1981, when I was in Geneva for the 34th World Health …

Air India to introduce premium economy class in long haul flights from December | DETAILS
2 years, 1 month ago

Air India to introduce premium economy class in long haul flights from December | DETAILS

India TV News  

Air India news : Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said today as the Tata group-owned airline works on ways to expand its market share as well as the global network. Addressing an event organised by JRD Tata Memorial Trust, Wilson also said opportunities …

Yellen visits India to shore up US-Indo-Pacific partnership
2 years, 1 month ago

Yellen visits India to shore up US-Indo-Pacific partnership

Associated Press  

NEW DELHI — Supply chains, Russia’s war in Ukraine and the impact of COVID-19 were top issues for U.S. Treasury Secretary Janet Yellen as she met with Indian government and business leaders Friday in New Delhi. Both Yellen and Indian Finance Minister Nirmala Sitharaman called for the strengthening of supply chains with trusted trading partners in the Indo-Pacific region to …

Trends in tourism amid travel rebound in India, post Covid-19
2 years, 2 months ago

Trends in tourism amid travel rebound in India, post Covid-19

Hindustan Times  

The Covid-19 outbreak caused the global economy to collapse almost immediately and the coronavirus pandemic has presented an unprecedented challenge to the hospitality sector. Over the past two years, disturbances brought on by the spread of Covid-19 have had a substantial impact where many of the tourism properties were vacant due to travel restrictions. Trends in tourism amid travel rebound …

How to make in India–and protect economy from supply shocks
2 years, 3 months ago

How to make in India–and protect economy from supply shocks

Live Mint  

NEW DELHI : With the global decline in commodity prices in the last few weeks, domestic inflation rates have begun to ease as well. As the authors of a recent Reserve Bank of India paper note: “The covid-19 pandemic has delivered the biggest and broadest shock to global value chains in living memory, putting at risk trade in intermediate goods …

DC Edit | I2U2 focus right: Unite on food security, clean energy
2 years, 5 months ago

DC Edit | I2U2 focus right: Unite on food security, clean energy

Deccan Chronicle  

The interestingly-named I2U2 grouping and the summit of its leaders offer a reflection of the past, a picture of the present and a sneak peek at the future. And from the looks of it, the summit has left something for everyone to cheer as it has decided to channel technologies, know-how and capital to address the pressing issues humankind faces …

UK-India Relationship Has Emerged Stronger Than Ever After the Covid Turbulence
2 years, 5 months ago

UK-India Relationship Has Emerged Stronger Than Ever After the Covid Turbulence

News 18  

With the UK-India week on the cusp, it becomes pertinent to discuss how the United Kingdom and India have weathered rough storms during the pandemic years to come out closer than ever. It is this three-way partnership that has now been at the helm of having already delivered over 2 billion affordable, effective vaccines which have now been administered to …

Modi@8: India’s Covid Vax Drive is a Myth Breaker in Public Health Space, Writes NTAGI Head NK Arora
2 years, 6 months ago

Modi@8: India’s Covid Vax Drive is a Myth Breaker in Public Health Space, Writes NTAGI Head NK Arora

News 18  

Not so long back, a reputed international media-house had predicted gloomily that it could take over a decade for India to vaccinate its 1.4 billion population against Covid-19. The resounding success of this drive, which has been a proactive, pre-emptive, and graded response in the management of Covid-19 has been a myth-breaker on several fronts in the public health space …

Air travel picks up in India; curbs and border measures hold back recovery of Asia Pacific tourism industry
2 years, 6 months ago

Air travel picks up in India; curbs and border measures hold back recovery of Asia Pacific tourism industry

Firstpost  

With respect to reopening the skies to travel, India is ahead of Asia-Pacific countries. The difference is glaring when compared to China and Japan, two large Asian domestic markets Singapore: The International Air Transport Association believes that lingering travel restrictions and border measures are holding back the recovery of the Asia Pacific travel and tourism industry. It also said that …

The post-pandemic economic question
2 years, 7 months ago

The post-pandemic economic question

Hindustan Times  

Unless there is a surge in Covid-19 deaths — India has learnt to manage its economy better in every successive wave — the economy is unlikely to suffer any unexpected shocks. This brings up the most important post-pandemic question: What is India’s growth potential and has the pandemic left any permanent scars on this ability? Reserve Bank of India ’s …

India’s Q1 imports lift trade with China to record high
2 years, 8 months ago

India’s Q1 imports lift trade with China to record high

The Hindu  

A sharp increase in India’s imports of Chinese goods in the first quarter of 2022 lifted bilateral trade by 15% to a record $31.96 billion, trade data released by China on Wednesday show. In 2021, India’s trade with China surpassed the $100 billion mark for the first time to reach $125 billion, driven by demand for electronic products, chemicals and …

An already slowed Indian economy faces fresh risks
2 years, 9 months ago

An already slowed Indian economy faces fresh risks

Al Jazeera  

Rising crude oil prices and supply disruptions following Russia’s invasion of Ukraine could further sap an Indian economy already slowed by COVID-19, posing risks to household spending and private investments, economists have said. The “surge in oil prices as a result of the crisis poses considerable risks to the Indian economy”, Aditi Gupta, an economist at Bank of Baroda, said …

Omicron worry: India's economic recovery could face disruption again, says UN
2 years, 11 months ago

Omicron worry: India's economic recovery could face disruption again, says UN

India Today  

The deadly wave of Delta variant-driven Covid infection claimed 240,000 lives between April and June last year and disrupted the economic recovery. “Similar episodes could take place in the near term,” the United Nation’s Economic forecast for India has stated, amid a rising number of Omicron infections in the country. However, India’s economic recovery is on a solid path, amid …

Covid-19: Omicron surge cripples several businesses, to hit economic recovery
2 years, 11 months ago

Covid-19: Omicron surge cripples several businesses, to hit economic recovery

India Today  

A fresh wave of Covid-19 infections in India has cast a shadow over economic recovery as several sectors have been impacted by fresh restrictions that have been announced in view of the situation. Numerous businesses spanning across multiple sectors have been impacted in light of the fresh restrictions imposed by states. While many people are still travelling despite the fresh …

What is the road ahead for Indian exports; will momentum continue?
3 years ago

What is the road ahead for Indian exports; will momentum continue?

Business Standard  

At the beginning of this fiscal, the Centre had set a merchandise export target of $400 billion for FY22, which at the time seemed ambitious. From April to November this year, they are up 51% to $263 billion and set to cross last year’s numbers by December.The rise in India’s exports could be attributed largely to the growth momentum in …

Jaishankar bats for domestic production over unchecked globalisation
3 years ago

Jaishankar bats for domestic production over unchecked globalisation

The Hindu  

The COVID-19 pandemic has brought India’s capabilities and need for more domestic production rather than unchecked globalisation, External Affairs Minister S. Jaishankar said on Tuesday, speaking at a technology summit, where he said that to foster technology growth, the nation must seek more education, skills, start-ups, supply chains and jobs to be created internally. Domestic supply chain “The idea that …

India defers resumption of international flights with an eye on Covid-19 variants
3 years ago

India defers resumption of international flights with an eye on Covid-19 variants

Hindustan Times  

The Directorate General of Civil Aviation on Wednesday delayed the resumption of scheduled commercial international passenger airline services to or from India, mentioning that it will notify its decision on the same in due time. In a meeting late last month, the central government had announced that commercial international flights shall resume from December 15, after a long hiatus of …

India's aviation sector on the verge of a turnaround?
3 years, 2 months ago

India's aviation sector on the verge of a turnaround?

Business Standard  

If the recent indicators are anything to go by, India’s aviation sector is seeing a solid revival after pandemic-related turbulence. With the sale of Air India to the Tata group concluding by the end of this year and Jet Airways resuming operations soon after, the new year promises to be full of new beginnings for Indian aviation. Also, Akasa Air, …

Quad leaders welcome India's decision to resume export of Covid-19 vaccines
3 years, 2 months ago

Quad leaders welcome India's decision to resume export of Covid-19 vaccines

India Today  

The Quad countries — the United States, India, Japan, and Australia — welcomed India’s announcement to resume exports of safe and effective Covid-19 vaccines, including to Covax, from October. Read | Modi-Biden meet: Talks focus on trade, Covid; leaders vow to strengthen Indo-US ties "The Quad leaders welcome Biological E LTD’s production, including through our Quad investments, of at least …

'Will go a long way': WHO chief scientist welcomes India's decision to resume COVID-19 vaccine exports
3 years, 3 months ago

'Will go a long way': WHO chief scientist welcomes India's decision to resume COVID-19 vaccine exports

Firstpost  

“COVAX welcomes the decision to restart Covid vaccine exports. Will go a long way to achieve global Vaccine Equity,” Soumya Swaminathan said in a tweet. New Delhi: Chief scientist of World Health Organization Dr Soumya Swaminathan on Tuesday welcomed India’s decision to restart COVID-19 vaccine exports. She said that the decision will go long way to achieve global Vaccine Equity. …

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