Budget FY27 gives boost to aircraft production and seaplane initiative

(Representative image) | Photo credit: cueapi The Center will introduce tax reforms to boost domestic aircraft production, while also expanding policy support to improve remote connectivity through seaplane operations. As per Finance Minister Nirmala Sitharaman’s proposals for the Union Financial Year 2027, basic customs duties will be completely waived on components and parts required for […]

Mahindra and Embraer join hands to bring the C-390 Millennium to India

Mahindra Group on Friday announced a partnership with Embraer Defense & Security to introduce the C-390 Millennium military transport aircraft in India. The two companies signed a Strategic Cooperation Agreement (SCA) aimed at advancing Embraer’s C-390 Millennium as part of the Indian Air Force’s Medium Transport Aircraft (MTA) program. The pact was formalized at the […]