Latest news with #AtmaNirbharBharat
India Today
5 days ago
- Business
- India Today
Rafale jet's parts to be made in India soon, first production outside France
Dassault Aviation has partnered with Tata Advanced Systems Limited (TASL) to produce the fuselage of Rafale fighter aircraft in India for both domestic and global markets. This marks the first time in history that Rafale fuselages will be manufactured outside the agreement, four Production Transfer Agreements have been signed between the companies. The first fuselage sections are expected to roll out by FY2028, with a production capacity of up to two complete fuselages per dedicated facility will be established in Hyderabad to manufacture key structural sections of the aircraft, including the central fuselage, rear section, lateral rear shells and front section. This collaboration aligns with India's strategic goals under the 'Make in India' and AtmaNirbhar Bharat (self-reliant India) Trappier, Chairman and CEO of Dassault Aviation, emphasised that this partnership is a 'decisive step in strengthening our supply chain in India,' noting that it aligns with the company's long-term strategy to collaborate with Indian aerospace firms like Singh, CEO and MD of TASL, described the partnership as a milestone in India's aerospace journey, demonstrating both India's manufacturing prowess and the trust international aerospace leaders place in Indian partners.'The production of the complete Rafale fuselage in India underscores the deepening trust in Tata Advanced Systems' capabilities and the strength of our collaboration with Dassault Aviation. It also reflects the remarkable progress India has made in establishing a modern, robust aerospace manufacturing ecosystem that can support global platforms,' Singh said. Tune InMust Watch
Business Upturn
5 days ago
- Business
- Business Upturn
Tata Advanced Systems to manufacture Rafale fighter fuselage in Hyderabad for global markets
By Aditya Bhagchandani Published on June 5, 2025, 13:49 IST Dassault Aviation has signed four Production Transfer Agreements with Tata Advanced Systems Limited (TASL) to manufacture Rafale fighter aircraft fuselage sections in India, marking a historic milestone for India's aerospace manufacturing sector. This is the first time that Rafale fuselages will be produced outside France. The new facility will be set up in Hyderabad and will manufacture key structural components, including the front section, central fuselage, complete rear section, and lateral shells of the rear fuselage. The first fuselage units are expected by FY2028, with a production capacity of up to two fuselages per month. Eric Trappier, Chairman and CEO of Dassault Aviation, stated, 'This is a decisive step in strengthening our supply chain in India. With the support of partners like TASL, this supply chain will contribute to the successful ramp-up of Rafale.' TASL CEO Sukaran Singh added, 'This partnership highlights the growing trust in Tata's capabilities and reflects India's progress in building a robust aerospace ecosystem.' The initiative aligns with India's 'Make in India' and 'AtmaNirbhar Bharat' goals and positions the country as a strategic hub in the global aerospace supply chain. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
News18
5 days ago
- Business
- News18
Dassault Aviation, Tata Sign Deal To Co-Produce Rafale Fuselage In India
Last Updated: According to the agreement, the first fuselage sections are expected to roll off the assembly line by FY2028 Dassault Aviation and Tata Advanced Systems have signed four Production Transfer Agreements to manufacture the fuselage for Rafale fighter jets in India. This marks a major step forward in defence manufacturing under the 'Make in India' initiative and represents the first time Rafale fuselages will be produced outside France. The collaboration aims to establish a state-of-the-art production line capable of supporting India's defence self-reliance goals. As part of the partnership, Tata Advanced Systems will establish a state-of-the-art manufacturing facility in Hyderabad to produce critical structural components of the Rafale fighter jet. These will include the lateral shells of the rear fuselage, the full rear section, the central fuselage, and the front section. The facility is expected to begin rolling out its first fuselage sections by FY2028 and aims to scale up production to deliver up to two complete fuselages per month. Sukaran Singh, Chief Executive Officer and Managing Director, Tata Advanced Systems Limited, said, 'This partnership marks a significant step in India's aerospace journey. The production of the complete Rafale fuselage in India underscores the deepening trust in Tata Advanced Systems' capabilities and the strength of our collaboration with Dassault Aviation. It also reflects the remarkable progress India has made in establishing a modern, robust aerospace manufacturing ecosystem that can support global platforms." In a release, Dassault Avaiation said the signing of these agreements underscores Dassault Aviation's firm support for India's 'Make in India' and AtmaNirbhar Bharat initiatives. The collaboration is designed to enhance India's role in the global aerospace supply chain while advancing the country's ambition for greater economic and manufacturing self-reliance. First Published: June 05, 2025, 14:47 IST
Time of India
27-05-2025
- Business
- Time of India
Nextracker crosses 10 GW solar tracker deployment milestone in India; opens new R&D facility in Hyderabad
New Delhi: Nextracker has crossed 10 gigawatts (GW) of solar tracker deployments in India and announced the opening of a new 80,000 sq. ft. office and R&D facility in Hyderabad to support its expanding operations in the country. According to the company, 1.8 GW of solar tracker projects were added in the last quarter alone, taking its cumulative deployments in India to more than 10 GW. Recent project wins include a 305 MW installation with ReNew in Anantapur and 1.5 GW of projects secured through partnerships with various engineering, procurement, and construction (EPC) companies. Rajeev Kashyap, Senior Vice President and Managing Director, Nextracker (Middle East, Africa, and India), said, 'This region is one of the world's fastest-growing solar markets, and our Hyderabad expansion reflects our deep commitment to supporting that growth. With 10 GW of projects commissioned or under delivery, we are equipping developers with best-in-class technology optimized for the country's diverse needs, while investing in local talent, infrastructure, and innovation to meet the country's renewable energy goals.' The new Hyderabad facility is Nextracker's largest office outside the United States. It houses a 13-acre Center for Solar Excellence (CFSE), including a testing and R&D lab, backed by a USD 1 million investment. The company plans to expand its workforce beyond its current 400 employees to support ongoing projects and skill development initiatives in advanced solar technologies. Nextracker said 95 per cent of tracker components used in its Indian projects are locally manufactured under the ' Make in India ' initiative. Sanjay Varghese, Group President – Solar Projects & Manufacturing, ReNew, said, 'We welcome Nextracker as a partner in supporting our solar projects. As we continue to expand our footprint in renewable energy, such collaborations help in driving project efficiency and contributing to the sector's broader goals.' Subrahmanyam Pulipaka, CEO, National Solar Energy Federation of India (NSEFI), said, 'This kind of technology-driven, future-forward collaboration exemplifies what we need to achieve our national clean energy goals . By localizing the production of intelligent solar tracking systems and integrating advanced automation with domestic expertise, Nextracker is making a meaningful contribution to India's Atma Nirbhar Bharat vision in the renewable energy sector.' He added, 'At NSEFI, we believe India's next phase of solar growth will be driven by innovation, resilience, and self-reliance. Partnerships like Nextracker's—linking global technology with domestic manufacturing—are key to scaling our energy transition while ensuring quality and sustainability.' Nextracker's expansion includes increased hiring across engineering, manufacturing, and customer service functions, with the new facility serving as a hub for product development and local innovation.
Hans India
26-05-2025
- Business
- Hans India
BJP attributes credit to Centre's efforts
Vijayawada: BJP state official spokesperson Sadineni Yamini Sarma said India became the fourth largest economy in the world by surpassing Japan. In a press release on Sunday, Yamini Sarma said India achieved a big milestone due to the economic reforms being implemented by the Central government since 2014. She conveyed greetings to the people of India on behalf of Andhra Pradesh. She said economic initiatives like Make in India, Gati Sakthi, Start-up India, trade agreements made with other countries, Atma Nirbhar Bharat, Jan Dhan etc are giving good results. She said Andhra Pradesh too will become Viksit AP. She responded to the NITI Ayog Report which claimed India became the fourth largest economy in the world after the US, China and Germany.
