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GE Aerospace to nearly double supplier spend in India by 2030, eyes growing Aviation demand

The announcement was made alongside the release of a report by Ernst & Young (EY), GE Aerospace's Economic Impact in India, which assesses the company's economic contribution to India's commercial aviation, defence, manufacturing and engineering sectors over four decades.

The Economic Times · 8h ago

GE Aerospace to nearly double supplier spend in India by 2030, eyes growing aviation demand

The announcement was made alongside the release of a report by Ernst & Young (EY), titled 'Powering Progress: GE Aerospace's Economic Impact in India', which assesses the company's economic contribution to India's commercial aviation, defence, manufacturing and engineering sectors over four decades.

The Economic Times · 9h ago

IAF needs to spread its wings: Is the declining squadron strength in the IAF a sign of deeper systemic issues?

Indian Air Force Chief Amar Preet Singh has raised concerns about declining squadron strength ahead of Air Force Day. The phased retirement of MiG-21s has intensified the urgency for timely induction of new aircraft. Both the Indian Air Force and Hindustan Aeronautics Limited share responsibility for the current situation. The…

The Economic Times · Oct 8

Financials in a sweet spot, defence remains a structural bet: Dharmesh Kant

Financial stocks are set to lead a market rally through June and July. Experts see banks and financial institutions benefiting from strong earnings and credit growth. Defence and healthcare are also favoured sectors. Investor sentiment later in the year will depend on the monsoon's progress. Consumption and metals sectors are…

The Economic Times · Jun 17

India weighs action against HAL for delayed Tejas fighter deliveries

In light of ongoing delays in the delivery of Tejas Mk1A fighter jets, the Defence Ministry is contemplating penalties for Hindustan Aeronautics Limited. To date, the Indian Air Force has yet to receive a single Tejas Mk1A, despite HAL having procured engines and structural elements. The Ministry insists on HAL…

The Economic Times · Jun 9

Apache vs Prachand: Why India operates both attack helicopters and how they differ

India is acquiring support for Boeing AH-64E Apache attack helicopters. This acquisition renews discussions on India's use of foreign and indigenous platforms. The LCH Prachand, developed by HAL, is designed for high-altitude operations. The Apache is suited for plains and deserts. Both helicopters serve distinct roles in India's defense modernization.

The Economic Times · May 24

HAL shares drop over 4% after Q4 results. What are Goldman Sachs and Nomura saying?

Hindustan Aeronautics Limited shares fell over 4% despite reporting steady Q4FY26 earnings growth, strong sequential performance and higher annual profit. While Nomura maintained a ‘Buy’ rating, citing strong order backlog and valuations, Goldman Sachs stayed ‘Neutral’, pointing to weaker execution and margin pressure despite robust revenue visibility.

The Economic Times · May 15

India retires MiG-21 fighters after six decades as air force stretches to improve fleet

India has retired its last fleet of MiG-21 fighter jets, closing a six-decade chapter with an aircraft once hailed for its combat prowess but later derided as a “flying coffin” due to frequent crashes

The Independent UK · Sep 26, 2025

HAL relaunches HJT-36 as Yashas, will lease it to Air Force as Kiran Mark-2 aircraft replacement

Chairman of Hindustan Aeronautics Limited, DK Sunil on Monday said that the flagship jet training aircraft of HAL, which has been renamed 'Yashas' after extensive modifications to HJT-36, is very capable aircraft and will be a good replacement for the Kiran MK II. A must read on Dynamite News:

Dynamite News · Feb 10, 2025

HAL conducts successful first flight of light combat aircraft Tejas Mk1A

HAL successfully test flies first Tejas Mk1A aircraft in Bengaluru, marking a significant milestone in aerospace development.

The Hindu · Mar 28, 2024