Category: Transport

** Diamond jubilee of Helicopter Training School celebrated

Museum showcasing rich heritage of the IAF helicopter units opened
Helicopter Training School (HTS), the biggest helicopter unit and alma mater of IAF helicopter pilots, celebrated its diamond jubilee at the Air Force Station-Hakimpet on Sunday.

Chief of Air Staff, Air Chief Marshal V.R. Chaudhari and Air Marshal Manavendra Singh, Air Officer Commanding-in-Chief (AOC-in-charge), Training Command IAF, along with Air Chief Marshal F.H. Major (retired), Admiral Karambir Singh (retired), veterans and serving officers of the helicopter fleet from all three services attended the event.

A special cover and diamond jubilee book of HTS, commemorating the occasion, was released. An HTS Museum showcasing the rich heritage of the IAF helicopter units was also opened.

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** HAL scales new peak, sees revenue of over Rs 24K crore

Aerospace giant Hindustan Aeronautics Ltd (HAL) has recorded the highest ever revenue of over Rs 24,000 crore (provisional and unaudited) for the financial year ending March 31, 2022, registering a 6 % revenue growth over the previous financial year. The corresponding figure for the previous year stood at Rs 22,755 crore.

“Despite the challenges of the second wave of Covid-19 during the first quarter of the year and the consequent production loss, the Company could meet the targeted revenue growth with improved performance during the balance period of the year”, said R Madhavan, Chairman & Managing Director, HAL.

HAL achieved record revenue with the production of 44 new helicopters/aircraft, 84 new engines, overhauled 203 aircraft/helicopters and 478 engines.

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** Defence Ministry, Goa Shipyard Limited sign contract for construction of eight Fast Patrol Vessels

 Adding to the steps involving indigenous manufacturing in construction of the defence equipment the Ministry of Defence on Monday signed a contract with Goa Shipyard Limited (GSL) for construction of eight Fast Patrol Vessels for Indian Coast Guard at a total project cost of Rs 473 crore.

These surface platforms will be indigenously designed, developed and manufactured by GSL under Buy (Indian-IDDM) Category.

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** Navy gets more reconnaissance power over Arabian Sea with new squadron

 In a significant move to strengthen the reconnaissance capability of Indian Navy towards the western seaboard, a new Naval Reconnaissance Air Squadron has been raised under the Western Naval Command (WNC) headquartered in Mumbai. 

The Navy on Monday said, “Indian Naval Air Squadron (INAS) 316, Indian Navy’s second P-8I aircraft squadron, will be commissioned on March 29 at INS Hansa, Goa, in the presence of Naval chief Admiral R Hari Kumar.”

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** Indian American Raj Subramaniam to be new CEO of FedEx

Indian American Raj Subramaniam would be new Chief Executive Officer of FedEx, according to an announcement made on Monday by the U.S. multinational courier delivery giant.

Mr. Subramanian would replace Frederick W. Smith, chairman and CEO, who will step down from this position on June 1. He will now be its executive chairman.

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** India’s first aluminium body coaches make way for Pune Metro

Manufacture of such a train is a big step towards Make in India concept. Ten years back, such a decision couldn’t even be thought, says official.

India first light-weight, aluminium-body coaches made for Metro train was flagged off for Maha-Metro’s Pune project at an event held at Kolkata on Saturday.

source/content: hindustantimes.com

** INS Valsura awarded President’s colour

It is the Navy’s premier technological training establishment

President Ram Nath Kovind on Friday presented the President’s colour to INS Valsura, the Navy’s premier technological training establishment.

The President’s Colour is bestowed on a military unit in recognition of the exceptional service rendered to the nation, both in peace and in war.

‘Nishan Adhikari’ Lt. Arun Singh Sambyal received the President’s Colour on behalf of the unit in an impressive parade, the Navy said. A special postal cover was also released to commemorate the occasion.

“The award ceremony commenced with insertion of Drum Toli for Pile-of-Drums ceremony. It traces its history back to a time when soldiers on field used to arrange their drums in a pile to form an altar,” the defence spokesperson said on social media.

Gujarat / first

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** Nissan India rolls out 50,000th unit of the Magnite

Nissan India on Tuesday said that it has rolled out 50,000th unit of its Sport Utility Vehicle (SUV) Magnite from the Chennai plant of Renault Nissan Automotive India Pvt Ltd (RNAIPL) alliance.

Terming Magnite as a game changer, Rakesh Srivastava, MD, Nissan Motor India, said in a statement that the company had received over 100,000 customer bookings in domestic & export markets,

“We have been able to achieve the 50,000th Magnite milestone in less than 15 months despite head winds from Covid and the semi-conductor crisis. Our employees and supplier partners have contributed immensely with innovative strategies to overcome this crisis,” said Biju Balendran, MD & CEO, RNAIPL.

Magnite was the first global product to be launched under the Nissan NEXT transformation plan. Since its launch, 50,000 Magnites have been produced in Chennai, despite the challenges of the Covid-19 pandemic and ongoing semiconductor shortage.

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** Dhruva Space signs commercial launch deal

Dhruva Space Private Limited has signed a commercial launch services agreement with public sector NewSpace India Limited (NSIL), for an in-orbit demonstration of various technologies developed by it.

The agreement is the first step to facilitate future integration and launch services by Dhruva Space using DSOD Deployers on the Polar Satellite Launch Vehicle (PSLV) and Small Satellite Launch Vehicle (SSLV).

The agreement between NSIL and Dhruva Space will enable the qualification of the products in space environment and increase potential to serve customers globally, according to a press release by Dhruva.  

Dhruva Space is a full-stack space engineering solutions provider based in Hyderabad, and in Graz, Austria, while NewSpace is a public sector undertaking under the Department of Space.

** Cochin Shipyard to build Beagle class dredger for DCI

It consolidates the nation’s ‘Make in India’ mission, says Union Minister

The Dredging Corporation of India (DCI) signed a ship building agreement with the Cochin Shipyard Limited (CSL) in New Delhi on Thursday.

As per the agreement, the Cochin Shipyard would build the first-of-its-kind Beagle-12 trailing suction hopper dredger of 12,000 cubic-metre capacity for the DCI.

The agreement was signed in the presence of Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways and Ayush; Shripad Naik, Minister of State for Ports, Shipping and Waterways; Marten Vande Berg, Ambassador of Netherlands; and Sanjeev Ranjan, Secretary, Ports, Shipping and Waterways.