Kolar (Karnataka) (PTI): Defence Minister Rajnath Singh on Tuesday said the investment into H-125 helicopter programme is "anticipated" to cross Rs 1000 crore, and create a number of jobs, and called it a "shining example" of mutually beneficial partnership with friendly countries in high-end manufacturing sector.

He was speaking at the inaugural ceremony of the final assembly line of H-125 helicopters here.

Prime Minister Narendra Modi and French President Emmanuel Macron virtually inaugurated the Airbus H125 light utility helicopter Final Assembly Line at Tata‑Airbus' facility at Vemagal Industrial Area in this district from Mumbai.

Singh, accompanied by his French counterpart Catherine Vautrin, congratulated Tata Advanced System and Airbus Helicopters on the inauguration of the project and recalled their earlier association as well.

 

"This project is a shining example of mutually beneficial partnership with friendly countries in high-end manufacturing sector," Singh said.

"The H-125 program investment is anticipated to exceed Rs 1000 crore and is likely to create direct and indirect employment opportunities for our skilled and hard working younger generation," he said.

Renowned for its exceptional reliability, versatility, and outstanding performance under diverse operating conditions, the H-125 has proven to be one of the most effective and trusted single-engine helicopters globally, he said.

He recalled that Tata Advanced Systems and Airbus had earlier joined hands for a project in Gujarat's Vadodara for the C-295 aircraft, which he described as a symbol of how Tata in particular and India in general can collaborate with international OEMs to contribute to the vision of a stronger India.

The Defence minister said "Make in India" and self-reliance have been the cornerstone of India's economic policy since 2014.

Singh recalled that this policy initiative was launched by PM Modi, under which India is committed to achieving self-reliance in critical technology and the manufacturing of high-end products and equipment through mutually beneficial partnerships.

"For more than a decade, India has been charting industrial development through large-scale infrastructure building, capital infusion in important sectors through a number of incentive schemes on the one hand, and providing a level playing field for facilitating investment on the other," he said.

He added that it has also been the government's focus to support small and medium industries and strengthen the startup ecosystem in particular. Overall, the focus has been on holistic industrial development, which not only caters to domestic demand but also addresses the needs of other countries.

Highlighting reforms in the defence sector, Singh said these measures have augmented the contribution of the private sector in the defence industrial ecosystem.

According to him, historically, Indian defence production was largely public sector-oriented due to requirements of high capital investment and long gestation periods, resulting in the private sector's contribution being far less than desired.

However, with reforms such as the corporatisation of ordnance factories, establishment of defence industrial corridors, and other initiatives to raise the private sector's share in total defence production, it now stands at almost a quarter of the country's total defence production.

Defence exports have also increased manifold, placing India among the top exporters in the world, he said.

Singh said the growth trajectory has given a massive boost to MSMEs and ancillary sectors, which have grown to more than 16,000 in number, with many foreign companies sourcing components from Indian MSMEs.

He invited companies to deepen the partnership through meaningful technology transfer and offer platforms to meet the security needs of other countries as well.

Union Civil Aviation Minister K Rammohan Naidu, who also attended the event said the H125 final assembly line set up by Tata and Airbus marks a defining moment for India's aerospace sector, calling it "a proud symbol of rising confidence in India's high-precision aerospace capabilities."

He described defence and civil aviation as "two strategic pillars of the Indo-French partnership" and said the new facility would reinforce "a single integrated aerospace ecosystem" by assembling both civil and defence variants.

Noting that India has risen from the 10th to the third largest civil aviation market in just 11 years, Naidu asserted that the country now has "the market, the export potential, the policy ecosystem, the skilled workforce and the strategic global partnerships to emerge as a rotary-wing manufacturing hub".

"The future of rotary aviation in South Asia will be designed, manufactured, certified, maintained and exported from India," he said, adding that the country is "not just flying high, but flying past all horizons" under the Make in India and Viksit Bharat 2047 visions.

Tata Advanced Systems CEO and MD Sukaran Singh said in this facility here, "we will start building helicopters without any government or defense orders."

"However, we will be ready to supply the defense forces as and when they want. The first helicopter will fly out this facility by mid 2027."

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New Delhi (PTI): Lok Sabha Speaker Om Birla on Tuesday attended the swearing-in ceremony of new Bangladesh Prime Minister Tarique Rahman in Dhaka, and said India stands ready to support Bangladesh's endeavours to build a democratic, progressive and inclusive nation.

Separately, the speaker called on the new Bangladesh prime minister and conveyed the wishes of Prime Minister Narendra Modi.

He also handed over an invitation from Prime Minister Modi to Rahman to visit India, officials said here.

“Glad to attend the swearing-in ceremony of the new government of Bangladesh led by Prime Minister Tarique Rahman in Dhaka today. India stands ready to support Bangladesh’s endeavours to build a democratic, progressive and inclusive nation,” Birla posted on X.

Bangladesh High Commissioner to India, Riaz Hamidullah, said in a post on X, “Prime Minister Tarique Rahman conveys his greetings to India and PM Narendra Modi to the visiting India Lok Sabha Speaker Om Birla at a courtesy meet following the swearing-in of the new government.

“Speaker Birla conveyed wishes and an invitation to India. Both leaders expressed optimism to work together for the well-being of the people of Bangladesh and India, pursuing a people-centric menu of cooperation.”

Birla also met Maldives President Mohamed Muizzu, Bhutan Prime Minister Tshering Tobgay and other leaders on the sidelines of the event.

Led by Rahman, the Bangladesh Nationalist Party (BNP) swept to power with a two-thirds majority with 49.97 per cent votes and 209 seats in the polls held on February 12, results for which were declared on February 13.

The Jamaat-e-Islami, which was opposed to Bangladesh's independence from Pakistan in 1971, registered its best-ever performance with 31.76 per cent votes and 68 seats.

The National Citizen Party (NCP) secured the third-highest number of seats, six, and 3.05 per cent votes.

Bangladesh had invited Narendra Modi to the ceremony, but the prime minister could not attend the event as he was scheduled to hold talks with French President Emmanuel Macron in Mumbai on Tuesday.

On reaching Dhaka, Birla said the swearing-in of Rahman was an important moment that would strengthen people-to-people relations and shared democratic values between the two neighbours.

“Honoured to be in Dhaka representing India at the swearing-in ceremony of the new government led by Tarique Rahman as the prime minister. It's an important moment that will strengthen people-to-people ties and shared democratic values between our two nations,” Birla said.

Birla was accompanied by Foreign Secretary Vikram Misri and other officials.