Embraer And Mahindra Deepen Partnership For C-390 MRO In India

25 Feb 2026 CW Team

Brazilian aerospace manufacturer Embraer and Indian conglomerate Mahindra Group have agreed to deepen cooperation to develop Maintenance, Repair and Overhaul capabilities for the C-390 Millennium aircraft in India, contingent on the Indian Air Force selecting the type for its Medium Transport Aircraft programme. The initiative is intended to align with the government’s Make in India drive and to strengthen indigenous defence manufacturing capacities.

The partners envisage the proposed facility supporting both military and civil operators and creating significant employment across manufacturing, engineering and logistics. The planned capability is expected to integrate Indian suppliers into the global value chain for aircraft systems and components, enhancing competitiveness and long term export potential.

The C-390 Millennium can meet diverse operational requirements including transport, medical evacuation and air to air refuelling while carrying substantial payloads, which makes a local MRO attractive for mission readiness. Developing domestic repair and overhaul capabilities is likely to reduce turnaround times for the fleet and to improve lifecycle sustainment.

Embraer already operates several aircraft types in India across defence and business aviation sectors and the partnership with Mahindra is intended to build on that presence by establishing local engineering and maintenance expertise. The collaboration is presented as supporting national defence preparedness while offering commercial benefits to the domestic aerospace industry through technology transfer and skill development. The account is based on secondary research compiled by the reporting agency and the source has disclaimed responsibility for any errors in the collated information.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..