INTERNATIONAL / KARNATAKA : MANUFACTURING & AVIATION : MAKE IN INDIA : Airbus contracts Bengaluru based Dynamatic Technologies to make doors for A220 aircraft

Will double sourcing from India from a value of $750 mn to $1.5 bn.

French aerospace manufacturer Airbus on Thursday announced the awarding of a contract for the manufacturing and assembly of its A220 aircraft doors to Bengaluru-based Dynamatic Technologies in what it called “one of the largest aerospace export contracts to India.”

Dynamatic will manufacture and assemble the cargo, passenger and service doors along with the over-wing emergency exit doors for the A220 family aircraft, which total to eight doors per aircraft.

The order signifies implementation of “complex assembling and integration of aerospace manufacturing, which will create downstream opportunities in the Indian aviation supply chain,” Airbus CEO Remi Maillard, President and Managing Director, Airbus India and South Asia said at a press event.

Thursday’s contract is also among the orders that will enable Airbus to double its sourcing from India, which is valued at about $750 million every year. This is expected to rise to $1.5 billion over the next few years.

To a question on when Airbus plans a final assembly line for commercial aircraft given large orders from IndiGo and Air India, Mr. Maillard said Airbus provided more jobs and more value for India today than any Final Assembly Line (FAL) will achieve.

According to Dynamatic’s Udayant Malhoutra only 15% of value generated from manufacturing an aircraft comes from a FAL.

Airbus recently announced a FAL for H125 helicopter for the private sector and in 2022 announced a FAL for C-295 transport aircraft for the Indian Air Force.

source/content: thehindu.com (headline edited)

KARNATAKA: ELECTRIC SCOOTERS: Bengaluru-based EV start-up, River, raises $40 Million in oversubscribed Series B round

The deal was led by Yamaha Motor Co. Ltd. Existing investors Al Futtaim Group, Lowercarbon Capital, Toyota Ventures and Maniv Mobility also participated in the round.

River, a Bengaluru-based start-up building multi-utility electric scooters, has announced a $40 million (335 INR Crores) Series B led by Yamaha Motor Co., Ltd. The round also saw participation from existing investors Al-Futtaim Automotive, Lowercarbon Capital, Toyota Ventures and Maniv Mobility.

This round takes the cumulative fund raised by the company to $68 Million (565 INR Crores) since its inception in March 2021. With this funding, the company plans to scale the distribution and service network across the country and invest further in R&D for future lineup of products.

“We are impressed by the progress that River has achieved in such a short span of time, especially with the strong focus on design and technology. We are excited about the conviction that Aravind and Vipin have for River and how Yamaha can support the company to achieve this”,said Hajime “Jim” Aota, Chief General Manager of New Business Development Centre, Yamaha Motor Co., Ltd.

River started selling its first product Indie, the SUV of scooters in October 2023. Indie was fully designed and developed at the River R&D facility in Bengaluru and manufactured in the River Factory at Hoskote in the outskirts of Bengaluru. The first River store opened in Bangalore in January 2024.

“It’s been a pleasure to watch River grow since our first investment in 2023. Indie made a strong debut in the Indian market and stands out from anything that is out there. We also see strong potential for Indie in many international markets. We are excited about the next phase of growth for River both inside and outside India”, said Paul Willis, CEO of Al-Futtaim Automotive.

River is the first Indian investment of all its investors – Tel Aviv based Maniv Mobility, San Francisco based Trucks VC, Lowercarbon Capital, Toyota Ventures and Dubai based conglomerate Al-Futtaim Automotive.

“The investment is a significant boost for our plan to build a Billion-dollar global utility-lifestyle brand by 2030. We have built a great base in R&D and manufacturing over the last two years and now, it’s time to grow,” said Aravind Mani, Co-founder and CEO of River.

“The collaboration with Yamaha will help us leverage the design and technology capability that we have built at River,”said Vipin George, Co-founder and Chief Product Officer at River. “I learned to ride on a Yamaha motorcycle and have been amazed by the highest levels of performance that they stand for. And now, Yamaha investing in River is quite a surreal feeling. I’m excited about what the partnership can achieve,” he added.

River started selling its units in October 2023 and close to 200 vehicles have been sold till January 2024. The company which plans to expand its presence to 10 cities including in the next six months and 100 cities in the next two years, has seen a valuation increase of 15-20x in the last 2.5 years.

According to a release from the company the start-up plans to launch one more product by 2026.

source/content: thehindu.com (headline edited)

REGIONAL: KARNATAKA: TRAVEL & TOURISM: Bengaluru to function as Hub of Thomas Cook’s Charter Operations for South India

The travel firm’s maiden air charter service will be between Bengaluru and Bhutanese Capital Thimphu, a three-hour flight, starting in April 2024.

Thomas Cook (India) Limited, an omnichannel travel services company, has forayed into charter services to cater to the growing interest among customers in South India for holiday destinations in South Asian and European countries.

Bengaluru will function as the hub of Thomas Cook’s charter operations for South India and leisure/holidays tourists from across the region would be able to board the charter flights departing from the city, Romil Pant, executive vice-president & Business Head (Holidays), Thomas Cook, told The Hindu on Wednesday.

The travel firm’s maiden air charter service will be between Bengaluru and Bhutanese Capital Thimphu, a three-hour flight, starting in April 2024.

“We will hire a 126-seater airplane from Bhutan Airlines and will operate five charter flights every eight days starting from April 27. This is the first time we are entering into the chartering space and we may extend this service to connect other neighbouring countries, including Nepal and Sri Lanka and also some European destinations,” Mr Pant said.

Commenting on the rationale of starting the charter service from Bengaluru, he said Karnataka and Bengaluru were the company’s biggest markets in the country. For instance, the southern region solely contributed 45% of Thomas Cook’s total business in the country.

Currently, there is no direct flight to Bhutan from the southern region, only Delhi and Kolkata offer direct flights and land travel also takes a lot of time.

“South India is the largest contributor to the holidays business for us, overtaking the West and North India. Bengaluru and Karnatka has emerged as our number 1 source market for the leisure segment. Huge demand is coming from small cities including Mysuru, Udupi, and Hubballi too,” he added.

Commenting on travel trends in Bengaluru, Mr. Pant said the travel firm had witnessed a 60% increase in demand this year compared to 2019, the travel spend also increased by up to 30%, and average holiday duration has increased to seven days from three days compared to 2019 levels. The most favourite destinations for Bengalureans have been Europe, Australia, New Zealand, Japan, Korea, Indonesia, Mauritius, Singapore, Dubai, Vietnam, Azerbaijan, and Georgia while Andamans, Kashmir, North-East, Rajasthan, Kerala, Coorg, Chickmagaluru, Kabini, and Ooty are their favourite domestic getaways.

“We are very bullish on Bengaluru and Karnataka and we are investing deeply in this high potential market and are expanding our footprint here. We expect to see a business uptick of 30% from Karnataka in 2024,” Mr. Pant added.

source/content: thehindu.com (headline edited)

KARNATAKA: CITY PUBLIC TRANSPORT-MAJOR MILESTONE: Bengaluru’s Namma Metro Clocks 100 Crore Foot Falls ever since its inception

Bengaluru’s Namma Metro Achieves Major Milestone with 100 Crore Footfalls.

Bengaluru’s Namma Metro clocked more than 100 crore foot falls from 2012 when it was first launched, said Bengaluru Metro Transport Corporation (BMRCL) in an announcement. This is said to be a major milestone for the key public transport system of the IT Capital.

The first metro line in Bengaluru was launched in the year 2012 and was between Baiyappanahalli and MG Road. The 6.7 kilometers metro on the Purple Line was widely used by the public, with an average daily ridership of 33,152 passengers during the first year.

BMRCL later extended metro lines to most parts of the city in phases. In 2016-17, the Majestic metro station was opened on the Purple line, and it turned out to be one of the busiest metro stations in the city, connecting areas like Mysuru Road, Jayanagar and Baiyappanahalli. The average daily ridership then crossed 1 lakh passengers.

Bengaluru’s Namma Metro has 65 stations with an operational network of 74 kilometres.

In December 2023 alone, Bengaluru’s Namma Metro recorded two crore footfalls. This is said to be the highest monthly ridership for Namma Metro, ever since it was launched, and it also saw a spike in average daily ridership.

Making Purple Line fully operational in October last year by connecting Whitefield to Bengaluru South and Bengaluru Central was a game changer for BMRCL.

Prime Minister Narendra Modi formally dedicated the full operations of Bengaluru metro’s Purple Line to the people of the IT capital by inaugurating two pending stretches, Baiyappanahalli – KR Puram and Kengeri – Challaghatta, on October 20. The Purple Line operations started on October 9 without much fanfare or an inaugural event.

During the launch of Purple Line, BMRCL expected the increase in ridership would be at least between 70,000 and 1 lakh people, but it has only risen to roughly 60,000 passengers per day.

source/content: hindustantimes.com (headline edited)

GLOBAL: AVIATION : MANUFACTURING – MAKE IN INDIA: PM Narendra Modi inaugurates in Bengaluru Largest Aerospace Engineering Facility of Boeing outside the United States

The state-of-the-art Boeing India Engineering and Technology Center (BIETC) is built with an investment of ₹1,600 crore.

Prime Minister Narendra Modi inaugurated the Boeing India Engineering and Technology Center (BIETC) campus in Bengaluru along with the Boeing Sukanya Program, on January 19.

The state-of-the-art BIETC is built with an investment of ₹1,600 crore. It is located in a 43-acre campus, and is the American aerospace major’s largest such investment outside the U.S.

Boeing said that the BIETC will become a cornerstone for partnering with India on next generation products and services for the global aerospace and defence industry.

The Prime Minister also launched the Boeing Sukanya Program that aims to support the entry of more girl children from across India into the country’s growing aviation sector.

The program will provide opportunities for girls and women from across India to learn critical skills in the science, technology, engineering and math (STEM) fields, and train for jobs in the aviation sector.

For young girls, the program will create STEM labs at 150 planned locations to help spark interest in STEM careers. It will also provide scholarships to women who are training to be pilots. Investments will support flight training curriculum, obtaining certifications, funding for simulator trainings, and career development programs.

source/content: thehindu.com (headline edited)

NATIONAL: KARNATAKA: Bengaluru BEATS Delhi, Becomes Top Indian City With Highest Number Of Private Cars

Bengaluru has overtaken Delhi to become the Indian city with the highest number of private cars.

Bengaluru, the Silicon City of India, is famous for its food and friendly people, but it is also infamous for its kilometer-long traffic jams. According to recent data from the Delhi Statistical Handbook 2023, Bengaluru has surpassed the national capital to become the Indian city with the highest number of private cars. Delhi has a total of 79.5 lakh vehicles, with 20.7 lakh being private cars, according to TOI’s report. In recent years, Delhi’s transport department has decided to deregister and scrap overaged vehicles, citing the surging pollution levels in the city.

Reasons Behind Bengaluru’s Traffic

The biggest reasons for frequent traffic congestion in Bengaluru are rain and festivals due to which the city has secured the second position in the global traffic congestion ranking in 2022. The commuters here took an average of 20 minutes and 10 seconds to cover only 10 km distance with an average speed of 18 kmph. These reports were collected by Dutch location technology specialist TomTom, who disclosed the impact of traffic snarls on the daily lives of Bengaluru people.

People Of Bengaluru Living With Traffic

Notably, in 2022, people in Bengaluru spent a massive amount of time navigating through traffic, wasting a total of 260 hours which is equal to 10 days of driving, with 134 hours attributed to congestion-related delays.


The figures showcased the massive impact of traffic congestion on the daily lives of residents.

source/content: india.com (headline edited)

KARNATAKA: BUSINESS & ECONOMY / TRANSPORT: KSRTC Launches Goods Cargo Services, 500 Trucks to be added by 2024-end 

Reddy said the Basaveshwara bus station at Peenya will be utilised as a depot for operation and maintenance for cargo trucks.

Karnataka State Road Transport Corporation (KSRTC) has become the first public bus transportation entity in the country to launch a goods parcel service, using trucks. It has entered into a memorandum of understanding with KMS Coach Builders for lending cargo truck services on rent for two months. It has signed a similar agreement with SM Kannappa Automobiles for one month.

Ramalinga Reddy, who flagged off the services, said, “Namma (Our) Cargo truck services with the tagline, ‘Your Confidence, Our Concern’, will start operations with 20 trucks and then scale up to 100 in the upcoming days. The aim is to have 500 trucks by the end of next year. The project is an ambitious initiative that intends to augment KSRTC’s non-ticket revenues.

Reddy said the Basaveshwara bus station at Peenya will be utilised as a depot for operation and maintenance for cargo trucks. He added that the remaining vacant space in the non-functional bus station will be handed over to government companies to generate revenue.

“KSRTC had earlier ventured into the logistics business under the brand name ‘Namma Cargo’ to carry parcels on KSRTC route buses. Taking this forward, we introduced ‘Namma Cargo truck service’ fitted with GPS for goods transportation,” said KSRTC MD Anbu Kumar.

source/content: newindianexpress.com (headline edited)

INTERNATIONAL : KARNATAKA: ‘Gadinada Ratna’ Award conferred on multifaceted Social Entrepreneur Joseph Mathais, Dubai

During the second anniversary celebration of Dubai Gadinada Utsava on December 10, Gadinada Academy UAE bestowed the esteemed Gadinada Ratna award upon Joseph Mathais, a NRI entrepreneur, versatile social worker, singer, and actor. The award was presented by Basavaraj Horatti, the speaker of Karnataka Vidhan Parishad, in a ceremony held at the Woodlem Park School Auditorium.

Presiding over the colourful event was Sarvotham Shetty Abu Dhabi.

Distinguished guests of honour included former Karnataka Chief Minister D V Sadananda Gowda, Rajya Sabha member Dr L Hanumanthaiah, and Manjeshwar Lok Sabha member A K Ashraf.

Joseph Mathais, the recipient of the Gadinada Ratna award, is the founder of Merit Freight Systems, with business branches in the Gulf and India. Known for his extensive social contributions, Mathais has created job opportunities for numerous individuals. He is also recognized for initiatives such as providing uniforms to school children, sarees and dhotis to senior citizens, bicycles to the self-employed, sewing machines, and medical aid to the needy through the Ashoknagar Yuvaka Sangha, an organization awarded on Karnataka Rajyotsava.

Beyond his business endeavours, Joseph Mathais, a prominent singer and actor, has sponsored cultural programmes in Konkani, Kannada, and Tulu held both in India and abroad.

His dedication to social causes has earned him various accolades, including the Mayoora award from Sharjah Kannada Sangha and the Vishwa Kannadiga award from Gulf Kannadigara Sangha. Mathais continues to be a significant contributor to both the cultural and philanthropic landscape.

source/content: daijiworld.com (headline edited)

NATIONAL / KARNATAKA: ELECTRONICS & AVIATION: HAL to host Avionics Expo in Delhi on December 7, 8 

The expo will unveil a comprehensive range of avionics products deployed in various aircraft platforms, including advanced flight control systems, communication systems and navigation systems.

Hindustan Aeronautics Limited (HAL) will showcase its rich legacy in the design, development and production of a diverse range of avionics systems during Avionics Expo-2023, to be held at Dr Ambedkar International Centre, New Delhi, on December 7 and 8.

The Expo will be inaugurated by Chief of Defence Staff General Anil Chauhan.

“We will demonstrate HAL’s capabilities and contributions toward self-reliance in avionics, to our stakeholders, including the Indian Armed Forces, Ministry of Defence, Ministry of Civil Aviation, DRDO and other important institutions,” said CB Ananthakrishnan, CMD (Additional Charge), HAL.

The expo will unveil a comprehensive range of avionics products deployed in various aircraft platforms, including advanced flight control systems, communication systems and navigation systems. Several panel discussions will feature experts from the Armed Forces, HAL, partner organisations, and academia, providing a holistic view of the sector. 

“The event will serve as a hub for professionals, industry leaders and stakeholders from the aviation sector. They will have ample networking opportunities to establish meaningful connections, foster collaborations and explore potential business partnerships. It is a testament to HAL’s commitment to advancing aerospace technology in India,” said DK Sunil, Director (Engineering and R&D).

A section for live demonstrations will allow visitors to witness the performance and reliability of HAL’s avionics solutions in realtime scenarios. Engineering students from in and around Delhi have also been invited to gain the experience. HAL’s Avionics Expo aims to achieve self-reliance in avionics and is a testament to its commitment to advancing aerospace technology in India.

source/content: newindianexpress.com (headline edited)

Airbus, HAL tie up for commercial aircraft maintenance

French aerospace manufacturer Airbus said on Thursday that it was partnering with Hindustan Aeronautics Limited (HAL) for commercial aircraft service support.

Under the agreement, Airbus will provide the A320 family tool package and offer specialised consulting services to HAL to set up an MRO. Airbus will also offer HAL access to AirbusWorld, a digital platform that offers support, technical data and training solutions.

HAL’s Nashik division has capabilities in civil MRO, which include three Directorate General of Civil Aviation (DGCA)-approved hangars and skilled manpower from their defence activities.

“HAL has a vision to establish an integrated MRO hub in the country and provide airlines with an effective MRO solution. This step by HAL Nashik is also aligned to civil-military convergence and the Make in India mission of the Government of India,” said Saket Chaturvedi, CEO (MiG Complex), HAL.

“An indigenous MRO infrastructure will not only help airlines streamline their aircraft operations, but also support the government’s aim of making India a global aviation hub,” said Rémi Maillard, President and Managing Director, Airbus India and South Asia.

source/content: thehindu.com (headline edited)