Mahindra Aerospace and Mahindra Satyam, the aerospace manufacturing and engineering units of India’s Mahindra Group, last week signed a memorandum of understanding (MoU) to establish a partnership with Eurocopter and its Indian subsidiary, Eurocopter India. The partnership will focus on manufacturing of subassemblies, engineering and customization of civil helicopters, and the joint development of products for specific market segments. Details of the partnership will be decided in the coming months, a Mahindra official says.
India’s second-largest budget carrier SpiceJet Ltd. is exploring partnerships with global low-fare carriers as part of its second phase of international expansion. The airline currently serves only two international destinations—Kathmandu, Nepal, from Delhi and Colombo, Sri Lanka, from Chennai—and plans to start flights to 10 more international destinations, including points in South and West Asian countries.
NEW DELHI — India is likely to announce the winner of its $11 billion competition to furnish its air force with 126 combat jets in the next five to six weeks. “The next step is to call vendors and open up the commercial bids. Of the two manufacturers left in the fray for the Medium-Multirole Combat Aircraft [MMRCA], we will [determine the lowest bidder] in the next five to six weeks,” Indian Air Force (IAF) chief P.V. Naik said July 26. As per India’s defense procurement procedures, the lowest bidder wins the deal.