Aerospace

This achievement follows the November 2022 launch of Vikram-S, which made Skyroot the first Indian private company to send a rocket into space

Domestic firms driving down price of supersonic cruise missile system with homegrown solutions

Civil Aviation Minister Jyotiraditya Scindia on Monday 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. He also said domestic airlines are together projected to have a fleet of around 2,000 planes in the next five to seven years. It is time to look at manufacturing of aerospace products in India. "Time is ripe for manufacturing to take off in India," he said. Speaking at a summit organised by aviation consultancy CAPA here, the minister said, "we need to increase the ecosystem of Indian civil aviation". "Come and be part of the civil aviation growth story," he said. According to him, as many as 15 Flying Training Organisations (FTOs) are expected to be set up by the end of this year, taking the total number of FTOs to 50. Currently, there are 35 FTOs.

This venture opens up a world of opportunities for future projects to be manufactured indigenously in India, the company noted

An MoU was signed in the presence of institute representatives and senior Airbus management at Aero India 2023, a biennial air show and aviation exhibition held here

The medical team at Seppa in Arunachal Pradesh had been confronting the challenge of supplying medicines and vaccines in difficult terrains of the mountainous region but not anymore. Startup company Redwing Aerospace Labs in Bengaluru has developed an indigenously developed medical drone called 'Crane' which has been deployed in the frontier state in the northeast. The drone manufacturer is among many aerospace companies thriving in Bengaluru owing to the 'aerospace ecosystem' prevailing in the city. The ongoing Aero India-2023, which is the 14th edition of the biennial event in Bengaluru, gives a glimpse of the flourishing aerospace industry here as a significant number of stalls are occupied by city-based firms. Many aerospace firms here are not only supplying products and services to "biggies" such as Hindustan Aeronautics Limited, Indian Space Research Organisation, Defence Research and Development Organisation and Bharat Electronics Limited but also to several multinational ..

Aerolloy Technologies, a wholly owned subsidiary of the company has received an order from Safran Aircraft Engines, to develop and supply of Titanium cast components for Aircraft Engines

Bommai said the opportunities are more in Bengaluru and engineers are working continuously to make the Air Show successful

"Now, we are one of the leading states in aerospace and defence. 65 per cent of our capabilities in the country are from Bengaluru," he said

Company will use money to expand operations, research, and to train drone pilots

PM Modi to inaugurate expo in Bengaluru today; 809 companies, including 699 Indian, among exhibitors

Says 'Make in India neither isolationist nor meant for us alone'

In the past three months, the stock of Apollo Micro Systems has outperformed market as shares surged 75 per cent, as against 4.8 per cent rise in the S&P BSE Sensex.

According to Garuda Aerospace, the DGC Type Certification is provided on the basis of the quality check of the drones and is issued after a rigorous testing process for the unmanned aerial vehicles

Foreign procurement in defence rises to Rs 50,061 cr

Skyroot Aerospace, which successfully launched the country's first private rocket Vikram-S recently, plans to launch Vikram-1, a much bigger rocket to place satellites into orbit, within a year. The Hyderabad-based space startup also aims to slash costs of space travel in the future. "..now that we have done first private rocket launch, Vikram-S, our next plan is to launch Vikram-1 which is a much bigger rocket putting satellites into orbit. That we want to do within a year from now," Pawan Chandana, co-founder of Skyroot, told PTI here Monday evening. Skyroot also wants to become one of the first few companies in the world who can place satellites into orbit. He said the firm has raised about USD 68 million, which is the largest in the aerospace startup ecosystem in India. "Of course, it took close to four years to raise this kind of capital. Now, we are good for first few launches to orbit and then, of course, it has been very challenging because first time somebody went to the

Development follows Skyroot Aerospace's launch of Vikram-S rocket on a sub-orbital flight from Sriharikota on Nov 18

Funding to private players soars to $108.52 million compared to $67.2 million in 2021

Moreover, the trend to hire apprentices has seen a growth in Tier II and Tier III non- metro cities as well

Shares of Rossell India rallied 16 per cent to hit an all-time high of Rs 371.80 on the BSE amid heavy volumes