Some airlines could face lower hi-tech volumes out of China after a move by India’s Tata Group to go vertical: its manufacturing arm looks set to seal “captive” volumes for its new subsidiary, Air India, in advance of its aircraft deliveries. The January 2022 takeover of Air India by...
In 2020-21, the revenue of Tata companies, taken together, was $103 billion (INR 7.7 trillion). These companies collectively employ over 800,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly...
India is the fastest growing global economy, and is projected to become the third largest in the world by 20273. It is also the world’s third largest aviation market. Demand for air travel is surging with passenger traffic expected to more than double over the next 10 years, supp...
The country’s defence industrial base comprises 16 DPSUs, over 430 licensed companies, and approximately 16,000 micro, small and medium enterprises (MSMEs). Notably, 21 per cent of this production comes from the private sector, bolstering India's journey toward self-reliance. ...
Why the Tata Group Refuses to Give Up on Its Air India DreamChaudhari, YugaSingh, Rohinee
"In India, over 12,300 items have been indigenised in just 3 years and more than Rs 7,500 crore invested in domestic vendors by DPSUs (Defence PSUs)," PM Modi added. He said that due to the strengths and skills of our Yuva Shakti and the efforts of the government, our ...
Although Tata Sons bought Air India in October last year, the government of India successfully handed over the debt-ridden airlines only in January 2022. The salt-to-steel conglomerate made a successful bid of Rs 18,000 crore to buy Air India in October last year, defeating the second bidder...
Domestic Turnover Sale of Goods Manufactured Sale of Goods Traded Sale of Supple of Services Export Turnover Sale of Goods Manufactured Sale of Goods Traded Sale or Supply of Services Other Income Total Revenue From Operations EXPENSES Cost of Materials Consumed Purchases of Stock...
India’s central government is expected to hand overAir India(AI,Delhi International) to its new owner, the conglomerateTata Sons, by the end of this week, local media have reported citing senior government officials. The officials said they had been working around the clock to complete all pr...
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