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NEW DELHI: India’s gross Goods and Services Tax (GST) collection

Prime Minister Narendra Modi will begin his five-nation tour from

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NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2% increase over the same month last year, according to

Prime Minister Narendra Modi will begin his five-nation tour from tomorrow. He will be visiting five countries in eight days, from July 2 to July 9, whereas his itinerary will

This is an AI-generated image, used for representational purposes only. In a move aimed at accelerating India’s innovation journey, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the

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Drink loads of water – hydration is key. Don’t crash diet – losing weight too fast can make hair fall out. Mix things up – don’t just eat one or

Corridor map (Credit- MoRTH) NEW DELHI: The Union Cabinet has approved the construction of a 4-lane highway along the 46.7-km Paramakudi–Ramanathapuram section of National Highway-87 (NH-87) in Tamil Nadu, with

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NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2% increase over the same month last year, according to

This is an AI-generated image, used for representational purposes only. In a move aimed at accelerating India’s innovation journey, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the

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The new RailOne app will host all passenger services in one app. Indian Railways launches new ‘RailOne’ app: With an aim to bring more convenience to passengers, Indian Railways has

Market participants are awaiting commentary from the US Federal Reserve Chairperson for directional guidance. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in

Embraer in talks with IndiGo, Air India for selling planes; sets up fully-owned unit in India

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Embraer in talks with IndiGo, Air India for selling planes; sets up fully-owned unit in India

NEW DELHI: Brazilian aircraft manufacturer Embraer is in talks with IndiGo and Air India for selling planes, a company official told news agency PTI on Monday. To explore opportunities in the Indian market, Embraer has established a fully-owned subsidiary with its corporate office in New Delhi.The company will set up a procurement team to explore opportunities in the Indian supply chain and consider sourcing components and services from India, Neto said in an exclusive interview with PTI in New Delhi.The organisation is currently recruiting staff in India across various departments including government relations, communications, procurement, engineering, sales and marketing.The present Indian operations include approximately 50 Embraer aircraft, encompassing 11 different models, distributed across commercial, business aviation and defence sectors.“India is the third largest market in aviation globally… we see a lot of opportunities for us in the future in this market for all the products we have, the different business units, commercial jets, business jets, military aircraft and eVTOLs. That’s why we want to really to deepen our collaboration with the country and this step of opening a subsidiary in India,” Neto said.Regarding private aviation, Neto indicated that regulatory adjustments would create additional opportunities. He is visiting New Delhi for the International Air Transport Association (IATA) annual general meeting.The trade relationship between India and Brazil shows significant growth potential, despite current modest levels. “We see a lot of opportunities”, not only because of the long term relationship between the two countries, but also because both are part of the BRICS, Neto said.“We expect that the global south will increase the collaboration… increase the trade between the countries,” he added.The biggest market for Embraer, which achieved record revenues in 2024, is the United States.Earlier on Sunday, IndiGo announced that it will place a firm order for 30 more wide-body Airbus A350-900 aircraft, as part of its long-term plan to expand international operations. This adds to the 30 A350s it ordered in April last year, with an option for 70 more.At a briefing in New Delhi, IndiGo CEO Pieter Elbers confirmed that the airline is now firming up 30 of those optional orders. IndiGo currently has over 900 aircraft on order for future delivery.Meanwhile, Air India, owned by the Tata Group, is in talks with Airbus and Boeing for another major aircraft deal. According to Reuters, the airline may acquire around 200 more narrow-body jets, in addition to its record 470-aircraft order placed in 2023.





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