Embraer discusses defence aircraft production with HAL and Tata in Brazil

04 Sep 2023 CW Team

Aerospace firm Embraer SA has been reported to engage in discussions with five Indian firms, including Hindustan Aeronautics (HAL) and Tata Group, regarding the possibility of manufacturing defence transport aircraft in India. It is expected that the firm will finalise and announce its partner by the end of the current year.

The company is closely observing the activities of major players in India and gining insights from their actions. They are currently in talks with four or five companies to explore the Medium Transport Aircraft (MTA) program, with these companies representing both the government and private sectors.

The firm anticipates announcing its chosen partner by December. He further mentioned that the potential partnership could extend to the production of commercial aircraft.

The representatives from the company are presently visiting the facilities of these firms to assess the best match that can contribute value under the 'make-in-India' initiative. The company's willingness to enter into any agreement that aids its growth in the Indian market.

Also read:
Numaligarh Refinery partners with IIT Guwahati for sustainable materials
Infrastructure sector growth reaches 8% in July 2023

Real Estate

17 Sep 2025

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..