India wants 110 fighter jets; Boeing sees a 2 yr wait before deal is done

The tender for 110 combat aircraft mandates building at least 85% of the order locally

It could be another two years before India picks the winner of the world’s biggest combat aircraft order, according to a senior Boeing Co. executive.

Boeing is well placed in the race to supply the Indian Air Force with 110 fighter jets, Gene Cunningham, Boeing vice president of global defense sales, told Bloomberg News on Sunday on the sidelines of a security forum in Singapore. The company is a finalist in a separate competition to supply the Indian navy with 57 fighter jets.

“We have gotten to know Indian industry, understand the Indian process,” Cunningham said.

The tender for 110 combat aircraft mandates building at least 85 per cent of the order locally. The deal is likely to be at least $15 billion.

Boeing said in April that it would partner with state-run Hindustan Aeronautics Ltd. and Mahindra Defense Systems Ltd. to manufacture the F/A-18 Super Hornet in India at a new facility, which can also be used for other requirements. Other companies in the running include Lockheed Martin Corp., Saab AB and BAE Systems Plc.

“We’ll throw our hat into the ring,” Alan Garwood, BAE’s director for group business development, said in an interview on Sunday. “We’ve seen the requirement and we’ve said we’ll put some sort of tender in.”

The British defense and aerospace company makes the twin-engine Eurofighter Typhoon jet.

Garwood said BAE had been making aircraft in India for 70 years, a key advantage given Prime Minister Narendra Modi’s requirement that the new jets be made in India.

“We have good relationships with industry and government there,” Garwood said.

Getting new aircraft is crucial for Modi as the South Asian nation faces increased risks from neighboring Pakistan and China at a time when the Russian MiG fighters -- India’s mainstay -- are being phased out. The defense industry is a key part of Modi’s “Make in India” policy, which aims to promote domestic manufacturing.

After scrapping an order with Dassault Aviation for 126 Rafale jets worth $11 billion in 2015, a process that took nearly a decade, Modi’s administration bought 36 jets separately to speed up the process. Under the new tender, the winner will have to deliver the first jet within three years of securing the contract.

India had previously said that it was looking to replace its current fleet of combat aircraft with a single-engine jet, but subsequently announced that it would also consider twin-engine aircraft such as Boeing’s twin-engine F/A-18 Super Hornet.

Boeing’s Cunningham said the change in direction meant that the timing of the Indian Air Force process was now about 12 months later than the Indian Navy.

“Certainly today, the Indian Navy timeline will conclude sooner than the Indian Air Force,” Cunningham said. “They would appear to us to be sequential, but I’m not assuming that they’re related.”

Xiaomi announces third Indian manufacturing facility in Noida

Xiaomi has become fastest growing smartphone brand in India with a growth rate of nearly 300 per cent year-on-year

Smartphone maker Xiaomi on Tuesday announced its third manufacturing plant in India and the first facility for power banks in partnership with Hipad Technology in Noida, Uttar Pradesh.

Along with this, Xiaomi also announced the launch of two new power banks- 10000mAh Mi Power Bank 2i and 20000mAh Mi Power Bank 2i.

Extending its commitment to the Make in India initiative, Mi Power Bank 2i will be assembled at Hipad Technology's facility in Noida. Hipad Technology's manufacturing unit is a dedicated Power Bank facility for Xiaomi and is spread across 2.3 lakh square feet. The starting production capacity for the facility is nearly seven power banks per minute during its operational hours.

Xiaomi entered India in July 2014 and quickly announced plans to establish its first manufacturing plant for its smartphones. Today, the company has two smartphone manufacturing plants in Sri City, Andhra Pradesh and more than 95 per cent of its smartphones sold in India are assembled locally.

Earlier this year, Xiaomi met Prime Minister Narendra Modi and spoke at length about delivering on Make in India initiative.

"Xiaomi India has seen exponential growth in India and today it enjoys market leadership in the smartphone segment. I believe a key reason for our success in the smartphone segment has been our commitment to India. We want our India Mi Fans to enjoy the best quality technology at an affordable rate, and manufacturing locally helps us achieve our vision. We are extending our commitment of building a truly localised company and hope to bring the ecosystem of world's best power banks to India with our partners Hipad Technology," said vice president Xiaomi and managing director Xiaomi India, Manu Jain.

10000mAh Mi Power Bank 2i features an elegant double anodised aluminium design that is lightweight and 14.2mm slim. Boasting up to 85 per cent conversion rate, it can charge a standard smartphone multiple times. For instance, 10000mAh Mi Power Bank 2i can charge Mi A1 up to 2.2 times or Redmi Note 4 up to 1.5 times. (more)

Swachh Bharat, Digital India score poorly, top rating for Railways

Swachh Bharat, Digital India score poorly, top rating for Railways

The National Democratic Alliance government under Prime Minister Narendra Modi has kicked off a two-part survey where the people will rate its policies and initiatives as it completes two years in office. Thousands have already joined in to answer the 30 questions covering anything from foreign policy to signature schemes such as Swachh Bharat, Digital India and Make In India, hosted on the citizen engagement platform mygov,in.

While Make in India, ease of doing business and controlling corruption figure somewhere in the middle of the ratings, other schemes such as Swachh Bharat, Digital India and unearthing black money have scored the least.

Initial data captured on the portal will make Railway Minister Suresh Prabhu happy. More than 74 per cent of the people who have participated in the survey so far have given 5 stars to the government effort in modernising Indian Railways, taking it to the top position out of a total of 15 schemes. Only 1.04 per cent of the people have given it 1 star. Transport Minister Nitin Gadkari is next with 65.8 per cent people giving 5 stars to government efforts in providing highway connectivity. It is the only sector where nobody has given it the lowest grade of 1.

The NDA's foreign policy has scored high as well with 63.21 per cent giving the initiative 5 stars. It got 1 star from 3.63 per cent of the respondents. The PM himself has mostly been at the forefront of the foreign policy initiatives, though Foreign Minister Sushma Swaraj is also seen having contributed to the overall effort.Click here to read the full article.

India Aviation takes off, govt reaches out to industry

The fifth edition of India Aviation 2016 kicked off in Hyderabad on Wednesday with a focus on developing the country as a manufacturing and maintenance, repair and operations (MRO) hub, bringing to together airline promoters, chief executives and bureaucrats.

On the occasion, along with Make in India, the government also emphasised its focus on plans for regional connectivity, which received a boost in Finance Minister Arun Jaitley's Budget 2016.

The event also attracted three biggest airlines from the Gulf - Emirates from Dubai, United Arab Emirates' Etihad Airways and Doha's Qatar Airways, as these companies marked a presence for the first time in the biennial show.

Civil Aviation Minister Ashok Gajapathi Raju said the first day of the five-day event saw participation from 25 countries, with ministerial-level participation from four countries. "The country's aviation sector has grown by about 35 per cent from the time the show was conducted in 2014, with an unparalleled 20 per cent growth in domestic traffic," said Raju.

The Indian aviation 2016 sector is witnessing its most buoyant period on the back of low fuel prices and passenger growth. According to estimates by International Air Transport Association, India's domestic air travel soared 22.9 per cent in January, compared to a year ago. Growth is being propelled by the comparatively strong domestic economy and increases in air services.

The Indian market overtook both Australia and Japan during 2015 and is currently level with Russia at around 1.2 per cent of global passenger traffic.

Emirates specially flew in its jumbo Airbus A380 for the show and Qatar Airways is displaying an Airbus A350, the latest in its fleet.

With India clocking the highest growth rate in the aviation sector for almost a year now, the country has become important for the airlines.

Ringing Bells to launch India's cheapest smartphone at Rs 251

Domestic handset maker Ringing Bells will launch India's most affordable smartphone for Rs 251 today evening, a move that is set to disrupt the growing handset market in the country.

Defence Minister Manohar Parrikkar will launch the Smartphone 'Freedom 251' in an event presided over by Dr. Murli Manohar Joshi.

Important specifications of the Freedom 251 include a 4-inch display, 1.3GHz quad-core processor, 1GB RAM, 8GB internal storage (expandable up to 32GB), 3.2-megapixel back camera, 0.3-megapixel front camera, and a 1450mAh battery.

Make in India week: Fire audit was donebefore mega show, says event manager

Make in India week: Fire audit was donebefore mega show, says event managerWizcraft, the organisers of mega events, Monday claimed that a complete fire audit, including allsafety checks of the main stage of the 'Make In India Week ' cultural extravaganza, was carriedout before was gutted in a huge fire.

"Prior to the event, all safety checks and audits were done during rehearsals and prior to theshow. !ll fire and safety norms prescribed have been followed," Wizcraft said in a statement on Monday.

Read Full Article Over Here

Bolder reforms needed for Make In India's success: Banmali Agrawala

'Make in India 2016' is more important for small and medium scale enterprises than for large companies. While the government is willing to help, the next phase is to translate that intent into action. Banmali Agrawala, GE South Asiapresident & CEO, tells Sanjay Jog how India is positioned to achieve this. Excerpts:

Will Make In India succeed with slow pace of reforms?

I would not hinge the entire success on reforms. We are a democratic country; the bolder the reforms, the faster and more impactful will the entire Make in India be. However, you have to balance economic development and the social and political side of that.