Vadodara gets Tata-Airbus plant for IAF’s C-295 aircraft

31 Oct 2022 CW Team

Tata, Airbus grab Rs 22,000-cr project to make C-295 aircraft in Gujarat. Prime Minister Narendra Modi laid the foundation stone for a plant in Vadodara that will manufacture the Airbus C-295 transport aircraft. The Ministry of Defence (MoD) had announced last week that it had for the first time entrusted a private firm, Tata Advanced Systems Ltd (TASL), to manufacture an entire aircraft for the military.

This contract is expected to support the development of India’s aerospace ecosystem, bringing 15,000 skilled direct jobs and 10,000 indirect positions over the coming decade, besides a large investment, according to Airbus officials.

In September 2021, the MoD had signed a Rs 219.35 billion contract with Airbus for 56 C-295 aircraft. Since they were to replace the Indian Air Force’s aged fleet of Avro HS-748 aircraft, this deal earned the sobriquet of ‘Avro replacement programme’.

The programme will require TASL to develop an entire industrial ecosystem, from manufacture, assembly, testing and qualification, to delivery and maintenance over the aircraft’s life.

The IAF will be the 35th operator of the C-295 worldwide. Airbus has orders for 278 of these aircraft, of which more than 200 are already in operation.

Under the contract, Airbus would build the first 16 aircraft on its final assembly line in Seville (Spain) and deliver them to the IAF in ‘fly-away condition’ between September 2023 and August 2025. The remaining 40 aircraft are to be manufactured by TASL working along with Tata Consultancy Services TCS).

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..