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Starting a new business? We've Got 8 Tips for You
STARTING A NEW BUSINESS?
WE'VE GOT 8 TIPS FOR YOU
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People often claim they're sick of trying to make someone else's dream a reality, and they're ready to take charge of their own lives and futures. So why don't they simply go ahead and do it? One of the most typical reactions is that they don't know where to start. We can see why they are upset. Starting a new business is a huge and intimidating task. Starting a new business, on the other hand, may feel secure and controllable if you take a longterm view and break the process down into a series of little tasks.
Where do you begin once you've decided to move forward? We recommend that budding entrepreneurs follow eight critical steps to get their firm off the ground and create a strong foundation.
1Define your service or product
The sort of individual that decides to become an entrepreneur is usually highly creative and has a lot of company ideas. With so many fantastic alternatives to select from, it may be difficult for a novice entrepreneur to know where to start.
Choose a concept that you are enthusiastic about, one that aligns with your core competencies, and one that is financially realistic. You may need to start by making a list of your talents and interests and cross-referencing them with your ideas. It's a winner if anything fits into all three categories. If you have more than one concept, use other essential variables for success to filter them down, such as if you have prior expertise and/or a strong network in the selected sector. Then you can get started. Many people are on the lookout for the "silver bullet" solution to their business problem. That brilliant concept would lead to unfathomable wealth and success. The fact is that coming up with the perfect concept will almost certainly never happen, and you may find yourself pondering about how to grow your business for the next 20 years without taking any action.
2Join a trade organisation
Almost every sector on the globe has a trade organisation that may help you network with individuals who are already where you want to be with your company. These organisations may provide you with help and valuable contacts, such as attorneys, consultants, and company owners.
3Choose a name for your business
You've come up with a name for the product or service you want to sell to the rest of the world, but what will you call it? You may require step-bystep guidance on naming your company, incorporating creativity, research, analysis, and professional assistance. Find a name that encapsulates your business and the product you're attempting to market. You might have a brainstorming session with your friends, family, or coworkers. Once you've decided on a company name that you like, consult a trademark attorney to discover if anybody else has trademarked it and is using it in commerce. It would be a good idea to trademark it to avoid any future issues.
Ensure that the associated social media accounts are secured (Instagram, Twitter, Facebook, Linked In, etc.). Purchase a domain name for your website. If the. com domain you want is already taken, you should think twice about investing thousands of dollars. Other URL formats, such as.biz, can be equally beneficial.
4Form a legal company entity
Working with an accountant and a lawyer to form your legal business entity is a good option at this point in your entrepreneurial journey.
You've probably recognised that you're going to have some costs to start this business, and it's a good idea to get these allocated to your business organisation so you can save money on taxes. It's doubtful that you'll make money in your first year, but by forming a company organisation, you can keep track of your costs. Your tax advisor and a lawyer can also assist you to choose the right business structure for your liability risk and long-term objectives.
It's probably a good idea to avoid naming your legal company organisation the same as your product or service. You can't anticipate the future, and you could wind up changing the name of your product several times - you don't want to have to constantly alter the name of your company organisation in the process.
5Open a bank account for your business
Open a business banking account as soon as your legal business organisation is created. This will make tracking costs and earnings much easier while keeping your accounts clean and tidy. All of your business-related payments may be made using a business credit card and a business checking account. Before committing to a particular account, think about your company needs: whether you'll need a business loan, how much freedom you'll need, and which accounts provide the greatest features for you.
6Seek legal counsel
Although we've already indicated that getting legal help with the formation of your legal company organisation is a good idea, it's also a good idea to obtain legal counsel on your general responsibility or risk. Before you start, you should consider several options for what to study, evaluate, and observe in your company and its industry. It's a big list, but it's critical to move cautiously and spend ample time evaluating how risk may affect you or your organisation. Expert assistance might be very beneficial in this situation. Find a lawyer who specialises in the industry in which your company operates. He or she is more likely to know the ins and outs of the dangers in your sector and, as a result, will be more able to assist you in navigating it.
7Make your logo
Working with a designer to build your logo and brand identity is a fun and crucial stage in the startup process. Your company's logo serves as a visual representation of what it stands for. Consider the golden arches of McDonald's or the Nike swoosh - these two powerful emblems perfectly represent their respective firms. However, many businesses continue to overlook this crucial aspect of their brand. It's an opportunity to crystallise your company's vision and give it a visual representation. When an entrepreneur sees their final logo for the first time, something magical happens. It not only energises the entrepreneur but also gives them the impression that their business is legitimate. It offers motivation and excitement for taking the next step in the journey. Just wait till you see your new business cards with your name as CEO of "NewCo Inc." on them for the first time. It will be a proud time for you.
8Prepare your goods or service for sale
The actual construction of your first product is probably the most thrilling stage and one that entrepreneurs adore. We recommend that you start your business with one or two goods and/or services. You're starting a new business, and you need to devote all of your energy and time to make your new product successful. We encounter a lot of entrepreneurs who believe they need to start their business with a comprehensive product range to compete with well-known brands. They end up overstretching themselves, becoming overwhelmed and failing. Begin with a limited number of items or services, improve them over the competition, and deliver perfectly. Positive customer feedback will assist propel your business ahead. We hope you find this article useful as you embark on your business path. Although it is difficult to cover every stage of establishing a new business in a single article, we hope that it provides you with a clear grasp of the major activities that are crucial in creating a solid foundation for your company.
How difficult has it been to locate and retain qualified personnel recently? It's nearly impossible if you're like the majority of professionals. Even if we weren't dealing with a global health catastrophe, it always feels like there aren't enough people to get the job done. You're just concerned about getting it done with half the workforce you had before now that you need twice as many employees to keep up with the task, right?
In my years of dealing with small businesses, I've seen this problem wreak havoc on their operational efficiency and, as a result, their financial health. In many situations, production is reduced and mistake rates are increased. Both can happen at the same moment. In either case, dissatisfied consumers raise their hands and demand recompense, which typically takes the form of refunds, credits, or replacement products, all of which add up and have an impact on the bottom line. For example, according to a recent statistic I saw, over 40 per cent of small firms are paying significantly higher rates for workers as a result of labour shortages.
Given the increased demand for products and services, as well as the somewhat fragmented fulfilment model that small companies – and, really, all businesses – are working with right now, employees are expected to accomplish more on the job each day. As the country struggles to recover from a public health catastrophe, a new labour market is forming. Companies are effectively competing for a restricted quantity of people who can start tomorrow. However, money isn't the only method to attract and retain competent and bright employees.
People don't want to work anymore than necessary, especially when they know there are digital tools available to help them. As a result, technology has the potential to be as powerful as, if not more powerful than, money. As a colleague put it the other day, we've reached the "era of change," and many people will now choose less worry over more money.
You must decide on a corporate leader. You may invest today in technology that will make it simpler and faster for your staff to complete each work, allowing them to do more tasks in the future. Alternatively, you may stick with the tools and procedures you have now and suffer the consequences in terms of productivity and production.
Just bear in mind that you may have to spend more to attract and retain employees, and you may see more turnover as competing keep your employees' satisfaction in mind. That is what draws fresh talent to your firm and entices existing employees to stay. Happiness is frequently gained from productivity. If employees know what they need to accomplish but lack the resources to complete it efficiently, they will become discouraged, and consumers will complain about their poor experience.
As they go through assignments, pause and analyse why they're having difficulties. Consider what you, your workers, and everyone else involved would want to be better or easier. Then consider how technologically advanced you are.
If you give a new employee a mobile device that allows them to do a full inventory count without making a single error, they will feel powerful when they leave the office. They'll tell their friends, family, and (if you're lucky) social media
BEFORE INVESTING IN NEW TECHNOLOGY,
THINK ABOUT THESE 3 THINGS
firms increase the ante with technology and other benefits. If you're considering investing in technology to improve the employee experience, you're making the correct decision. In warehousing, retail, and a variety of other industries, technology helps onboard, keep, and recruit employees. But don’t go shopping just yet.
Yes, updating your gear and software might have a positive impact on your company. This decision, however, has a lot more to it than meets the eye. We understand you may be worried about labour issues and want answers right away, but we promise you'll make a much better and more educated decision if you do these three steps first.
Recognize your existing workforce requirements
When looking for technology to meet your company's specific demands, it's critical to
Employees must return to the workplace since remote working can lead to overworking, diversions, a lack of relationships with coworkers, and loneliness
about their great experience. It won't take long for word to travel about how fantastic it is to work for your firm. And all of a sudden, you've got a devoted employee and prospective brand ambassador on your hands, as well as a slew of eager, bright candidates responding to your job postings. To pull off this commercial accomplishment, you or your team won't need a computer engineering degree — just a contemporary mobile computer.
Make an effort to comprehend your future business requirements
Getting your business to grow begins with understanding what you require to improve operations. You haven't met your tech sweetheart yet if the front-end tech currently linked with back-end technologies isn't making inventory counts a breeze, improving staff connection, or giving them more time to serve customers.
From delivery driver shortages interrupting planned supply chain flow to unforeseen swings in customer demand, the on-demand economy brings new business problems. These are facts that your company should be able to deal with. Even seemingly little events might end up causing you a lot of pain if you aren't adequately prepared or supported. Who on your team can take on extra work if orders double overnight or half the staff calls in sick? And what will they require to do all of their tasks without falling behind or making mistakes? You may not be able to anticipate every difficult situation, but you can forecast your technological skills.
Consider your company from the perspective of your consumers
Employees aren't the only ones that suffer when things aren't going as planned. Customers are also affected. If you run a coffee shop and are out of your most popular blends and don't have the means to notify customers before they arrive, you'll have a lot of unhappy customers.
Retailers and warehouse operators are in the same boat. When items don't come on time, online orders are inconvenient.
Consider whether technological solutions can assist you in anticipating and avoiding difficulties that you know would irritate consumers and, by definition, your workers. Give your employees a means to notify consumers right away if you don't think you'll be able to offer them what they want – or when they want it.
Also, consider what technologies your team will require and how you may implement alternate solutions on the fly. Will they need to add credit to the client's digital loyalty card or redirect an order from the manufacturer to the consumer rather than via your distribution centre?
It's fun to go to work
Even if the unemployment rate is decreasing, there are still a lot of outstanding applicants searching for firms to hire them. Determine how you may be the employer who enables employees to both pay their expenses and enjoy going to work. Consider how you can be the type of establishment that people want to visit.
Go shopping once you've figured out what your employees and consumers require. Meet with a technology solution provider to determine what it will take to become the firm that everyone wants to work for.
You'll be able to put together the perfect solution - matching the right mobile computer with the right software – to make workers' tasks simpler and help them perform at their best, especially during stressful times. As a result, your staff will be able to improve the lives of consumers every day.
GLOBAL BUSINESS CONCLAVE 2021 HELD IN DUBAI
Many Industrialists and Media Persons of the Country in Attendance
Hotel tourism and air trade suffered the most due to the Corona pandemic, but now the situation is improving rapidly. Big events are taking place in the country and abroad and life is once again back on track.
In this scenario, India-UAE Business Conclave-2021 was organized in Dubai on 22 October, in which many businessmen, politicians, media persons from India and Dubai participated.
This business conclave has been organized at Hotel Oberoi, Dubai, in which global awards were also presented. It is believed that after this event, the business relationship will increase between India and Dubai in the fields of pharmaceuticals, dry fruits, garments and other sectors.
The grand event of the Global Business Conclave & Awards-2021 was held on 22 October at the five star Hotel Oberoi in Dubai. The event took place under the patronage of His Highness Sheikh Mohamed Ahmed bin Hamdan bin Mohamed Al Nahyan, who hails from the Royal Family of Abu Dhabi. In which eminent personalities and successful businessmen of the country and abroad were honoured. The Chief Guest in the program was former MP KC Tyagi.
Special guests included former Union Minister Rajiv Shukla, Observer, Dawn Editor-in-Chief Dr Hariom Tyagi, Supreme Court Bar Council Vice President, Dr Pradeep Rai, Umm Al Quwain His Highness Sheikh Majid Rashid Al Mulla, Ahmed Elmetwali, Global Business Federation Chairman Chandrashekhar Bhatia and President Sanjeev Bansal. More than two hundred eminent political, business and policymakers attended this event.
Among the special people whose names were included in the award list, Mayur Bansal got the Entrepreneur of the Award. CA Dr GR Mehta was given the award for Community Service and Information Business. Er Maulana Masood Ur Rehman was awarded the Humanitarian Award of the Year. Richi Bansal was awarded for Business Excellence in Manufacturing of the Year. CA Sahitya K Chaturvedi received the award for Entrepreneurship and Social Service. Abdul Wahab was awarded the Business Personality of the Year. Deva Solanki was awarded the Photography and Cinematography Award. Dr S. Ganesia got the award for social service and Firdous Naseem Qureshi Mohd. Naseem Qureshi also got the award for social service.
Anuradha Vobbilisetty received the award for OutStanding Extra Career Service in Legals to Humanity. Faqar Siddiqui was awarded the Best Trading Company UAE 2021. Harsh Raj Dwivedi received the Educationist of the Year award. Dr Rizwan Adatia was given the award for International Business and Community Service. Mobeshera Shaik & Wahid Shaik were awarded for Most Eco-Friendly Food Packaging Products Company. Nitish Arora and Gagan Neet Kaur were given the award for Best Advertising and Marketing Agency.
In the list of awards, Naresh Bhavani was given the award for International SuperMarket, Real Estate and Community Service. Nilesh Jain received the award for Business Management and Ugadi Purashkar Graheeta was selected for Outstanding Extra Career Service in Legals to Humanity. Som Mandal has been selected for the Most Trusted Name in Legal Service Globally. Dr Ghanshyam Patel was given the award for Investigative Journalism and Social Worker. The leadership Award was given to Sudhir Chauhan. Sumit Arora received the Young Turk of the Year award and Tapas Paul was adjudged Business Excellence of the Year for Software and Blockchain. Abdul Subhan was adjudged Business Excellence of the Year. Chandu Kumar Agarwal and Rajesh Singh were awarded Social Activists of the year. Dr Prashant Goenka was awarded an emerging journalist award. St. Antony's Public School was awarded Most Innovative
MR. RICHI BANSAL, Executive Director of RAMA STEEL TUBES LIMITED received the Business Excellence of the Year Award in Manufacturing. Rama Steel Tubes Limited manufactures steel products and markets its products worldwide.
Mr. Som Mandal Managing Partner FOX MANDAL (After Receiving the Award)
School. Samir Tripathi was awarded for Power Management and Consultancy Services. Apart from these, awards were given to many eminent businessmen and distinguished guests.
Many eminent personalities including Former Union Minister and presently Vice President of BCCI Rajeev Shukla, Vice President of Supreme Court Bar Association and Senior Advocate Dr Pradeep Rai, Well known Chartered Accountant Sahitya K Chaturvedi, Social Activist Rajesh Singh, CI of Redancus Limited, UK Dr Renu Raj, Chairman of UAE's BU Abdullah Group, Dr BU Abdullah along with businessmen and several dignitaries attended.
Before the Global Business Conclave 2021 was held in Dubai, Senior Advocate Pradeep Rai, Vice President, Supreme Court of India Bar Council, also attended the National Day of Lithuania as a special guest. He was especially honoured by the Minister of Equality Mr Sheikh Al Nehan on the occasion.
FINALLY, DEAL CLEARED
FOR LCA TEJAS MK.1A FIGHTERS
We’d told you this deal would be signed by December 2020. Okay, so we’re about two weeks off the mark, but finally, after months of procedural prevarication, the Indian government has cleared the decks for its biggest ever deal for indigenous equipment — a INR 45,696 crore deal for 73 LCA Tejas Mk.1A fighters and ten LCA Mk.1 trainers.
In doing so, the government has shortened what were expected to be two separate orders for 83 Mk.1A jets and 18 Mk.1 trainers, for a total of 101 aircraft, almost definitely to meet budgetary plans on the program. In a statement today, the MoD said, “Light Combat Aircraft Mk-1A variant is an indigenously designed, developed and manufactured state-of-the-art modern 4+ generation fighter aircraft.
This aircraft is equipped with critical operational capabilities of Active Electronically Scanned Array (AESA) Radar, Beyond Visual Range (BVR) Missile, Electronic Warfare (EW) Suite and Air to Air Refuelling (AAR) would be a potent platform to meet the operational requirements of Indian Air Force, IAF.
It is the first “Buy (Indian-Indigenously Designed, Developed and Manufactured)” category procurement of combat aircrafts with an indigenous content of 50 per cent which will progressively reach 60 per cent by the end of the programme.
The Cabinet has also approved infrastructure development by IAF under the project to enable them handle repairs or servicing at their base depot so that the turnaround time would get reduced for mission critical systems and would lead to increased availability of aircraft for operational exploitation. This would enable IAF to sustain the fleet more efficiently and effectively due to availability of repair infrastructure at respective bases.” The LCA Mk.1A is an improved configuration of the baseline LCA that bridges the capability gap towards the planned LCA Mk.2, which will be a substantially more different and powerful jet.
The Mk.1A will be mid-air refuellable, sport an updated internal Radar Warning Receiver (RWR) — likely in-house kit from the DRDO’s DARE laboratory — an external Self Protection Jammer (SPJ) pod to enhance survivability and an AESA radar. The Mk.1A needs to be able to fire different types of BVR and close combat air to air missiles. The meat of the Mk.1A, though, will be a slew of major improvements in the LCA’s squadron-level maintainability contours. It is difficult to overstate just how much importance the IAF has placed on ramped up no-nonsense maintainability, more than a milestone away from the admittedly unwieldy maintenance architecture built into the Mk.1.
DRDO CLEARED TO CONVERT
6 AIR INDIA A320S INTO IAF AEW JETS
It’s the latest in India’s meandering search for more airborne early warning (AEW) aircraft. Six Airbus A320 airliners operated by India’s national carrier Air India will be modified, integrated with sensors and delivered to the Indian Air Force as new airborne early warning & control (AEW&C) aircraft as part of a new plan cleared today.
The Ministry of Defence today approved a INR 10,500 crore (INR 1.4 billion) program in which India’s Defence R&D Organisation (DRDO) will integrate radars and sensor
ROLLS-ROYCE AND HAL INK DEAL FOR ADOUR ENGINE PARTS TO BE
Rolls-Royce and Hindustan Aeronautics Limited (HAL) have signed an agreement to ‘Make in India’ engine parts for Adour engines, to support Rolls-Royce's international defence customer base. The agreement was exchanged between . B Krishna Kumar, Executive Director (Engine & IMGT), HAL and .Abhishek Singh, Senior Vice President – Defence, India and South East Asia, RollsRoyce.
Through this partnership, Rolls-Royce aims to strengthen the ecosystem for Adour engines in India by building on HAL’s existing capabilities for manufacturing and supporting the Adour engines for Indian customers over several decades. This follows the Memorandum of Understanding (MoU) signed by RollsRoyce and HAL during the Aero India 2021 event to establish an Authorized Maintenance Centre for Adour at HAL to support international military customers and operators.
On the occasion, R Madhavan, Chairman and Managing Director (CMD), HAL said, “With over 30 years’ experience of supporting repair and maintenance services for the Adour engines in India, HAL has the capability and capacity to support a large defence customer base. This is the first order for supply of spares for the Adour Global Supply chain. We plan to be a key player in the supply chain of Adour Engines and expect more orders to follow. We look forward to working with Rolls-Royce to build on this capability to serve global markets for supply of spares and O of Adour engines. This new partnership will create avenues for the two companies to expand the defence sourcing footprint in India.”
Commenting on the partnership with HAL, KishoreJayaraman, President, Rolls-Royce India and South Asia said, “Our valued partnership with HAL has grown from strength to strength over the last few decades and this is a significant step towards strengthening the defence manufacturing ecosystem in India, and to help catapult India’s vision for the defence sector to ‘make in India’ for the world.” Alex Zino, Executive Vice President – Business Development and Future Programmes (Defence), Rolls-Royce said, “We are excited to expand our long-standing partnership with HAL to support long term sustainment of our Adour engines for both Indian and global customers.
We believe that HAL’s expertise in manufacturing and supporting Adour engines will pave the way for several of our customers to successfully operate the Adour engines for many more years. This is our first defence supplies agreement in India and creates an opportunity for India to increase its defence exports given the robust demand forecast for high precision components in this sector.”
on six Airbus A320 commercial airliners from national carrier Air India’s current fleet. The six aircraft are to be sent to France, where they will be refurbished and modified to Indian Air Force/DRDO specifications.
If plans remain on track, the six aircraft will join the IAF to add AEW muscle to the pair of Embraer-DRDO AEW&C Netra jets in service and three older PHALCON AWACS jets. It is not clear if this new move, revealed in the Indian press on Wednesday, supplants earlier plans by the DRDO to deliver an Airbus A330 based AWACS system — though the two systems are significantly different in capability and scope. The A320 based AEW&C platform will sport a derivative of the dorsal antenna system fitted on the Netra jets, and not likely a radome solution as has been speculated since the news broke Wednesday. This, however, is still unclear. In the words of a scientist familiar with the program, it will involve “trying past experience with additional features”.
In 2015, the Indian MoD cleared aRs 5113 crore program to build an Airbus A330 based AWACS system. While work on the dorsal radome has made progress at the DRDO’s Centre for Airborne Systems (CABS) in Bengaluru, a contract for the aircraft platforms has remained elusive five years after the DRDO was cleared to begin procurement procedures. The indigenous AWACS program itself has had an odd journey, with the IAF in 2018 asking the DRDO to ensure the AWACS platform it delivers can also double as a mid-air refueling tanker.
The request was part of the frustrations the IAF was experiencing in trying to nail down a tanker purchase after a series of contest aborts.
That separate quest for tankers has left the IAF exasperated enough to consider junking an outright purchase attempt and seriously look at the option to least mid-air tankers for the medium term.
DRDO DEVELOPS ADVANCED CHAFF
TECHNOLOGY FOR INDIAN AIR FORCE
Defence Research & Development Organisation (DRDO) has developed an Advanced Chaff Technology to safeguard fighter aircraft of the Indian Air Force (IAF) against hostile radar threats. Defence Laboratory Jodhpur, a DRDO laboratory developed the advanced Chaff material and chaff cartridge-118/I in collaboration with High Energy Materials Research Laboratory (HEMRL), a Pune based laboratory of DRDO, meeting qualitative requirements of IAF.
The Indian Air Force has started the process of indu¬¬ction of this technology after completion of successful user trials.
In today’s electronic warfare, survivability of fighter aircraft is of prime concern because of advancement in modern radar threats. To ensure survivability of aircraft, Counter Measure Dispensing System (CMDS) is used which provides passive jamming against Infra-Red and radar threats. Chaff is a critical defence technology used to protect fighter aircraft from hostile radar threats.
The importance of this technology lies in the fact that very less quantity of chaff material deployed in the air acts as decoy to deflect enemy’s missiles for ensuring safety of the fighter aircraft. The technology has been given to the industry
for production in large quantities to meet the annual rolling requirement of the Indian Air Force.
RakshaMantriRajnath Singh has lauded DRDO, IAF and the industry for indigenous development of this critical technology, terming it as one more step of DRDO towards ‘AatmaNirbhar Bharat’ in strategic defence technologies. Secretary Department of Defence R&D and Chairman DRDO Dr G Satheesh Reddy congratulated the teams associated with the successful development of this advanced technology that will further strengthen the Indian Air Force.
TATA BOEING AEROSPACE DELIVERS 100TH FUSELAGE
FOR THE AH-64 APACHE COMBAT HELICOPTER
Tata Boeing Aerospace Limited (TBAL) today announced the delivery of the 100th fuselage for the AH-64 Apache combat helicopter to Boeing from its state-of-the-art manufacturing facility in Hyderabad. The fuselage will be transported to Boeing’s AH-64 Apache manufacturing facility in Mesa, AZ, for integration into the final assembly line. KT Rama Rao, Minister for Municipal Administration & Urban Development, Industries & Commerce, and Information Technology of Telangana; and senior officials from Boeing and Tata Advanced Systems (TASL) were present to mark the delivery milestone.
KT Rama Rao, Minister for Municipal Administration & Urban Development,
MAHINDRA AEROSTRUCTURES TO MANUFACTURE BOEING 737
INLET OUTER BARREL COMPONENTS
Mahindra Aerostructures Pvt. Ltd. (MASPL) has been awarded a contract for manufacturing and supply of the Boeing 737 inlet outer barrel components and sub-assemblies, the legendary single-aisle family of airplanes, at the state-of-the-art MASPL facility in Narsapura, near Bengaluru, India. Production begins in 2023. Commenting on the new contract, Mr. S P Shukla, Member of the Group Executive Board of Mahindra Group, and Group President, Defence, Aero &Agri sector, observed, “We are privileged to be awarded this prestigious contract for the 737, which is another step in our journey with Boeing to support the Atmanirbhar Bharat initiative of the Indian Government.”
“Boeing demands the best, and this contract award is a testament to our delivery and quality performance which was sustained even during the pandemic,” said Mr. Arvind Mehra, Managing Director & CEO of Mahindra Aerostructures. He added, “We thank Boeing for this recognition of our performance and look forward to creating even more opportunities to add value to Boeing.” Under the new contract, MASPL will supply these parts and subassemblies for the 737, directly to Boeing facilities in the United States. Deliveries will ramp-up in synchronisation with Boeing’s planned increase in 737 production.
Mahindra Aerostructures represents the Mahindra Group’s interests in aerospace manufacturing. It operates a 250,000sq.ft. (25,000sq.m.) plant near Bangalore, India, which is equipped with comprehensive capabilities to produce detail parts and assemblies (hard & soft alloys), with inhouse facilities for sheet metal, machining, heat treatment, surface treatment and painting as well as welding and pipe bending. The business is approved to AS9100D and holds 5 NADCAP certifications alongside numerous customer accreditations and delivers to industry leaders in India, North America, Europe and the UK.
Industries & Commerce, and Information Technology of Telangana, said, “This is a proud moment for Telangana, and a noteworthy step in the growth of India’s aerospace and defence manufacturing.
Our government is committed to providing all support necessary to make the state a preferred destination for global aviation and defence manufacturers. I congratulate Boeing and Tata for this milestone.” SalilGupte, president, Boeing India, said, “Tata Boeing Aerospace Limited is an example of Boeing’s commitment towards Aatmanirbhar Bharat and the co-development of integrated systems in aerospace and defence not just for India, but for the world.
We have quadrupled our sourcing from India in the past two years to more than $1 billion. Skilled talent, robust infrastructure, ease of doing business, and a highly responsive government administration –make Telangana an ideal destination for the high-end manufacturing work that the aerospace and defence industry demands.”
Sukaran Singh, Managing Director and Chief Executive Officer, Tata Advanced Systems Limited (TASL), said, “The achievement of 100th fuselage delivery for AH-64 within three years of the facility being operational reflects our strong ability to industrialize and ramp up complex aerospace programs and deliver with highest levels of quality.
This accomplishment places the Telangana facility as part of the global supply chain for Apache helicopters. Further, it underlines
our indigenous manufacturing capability to produce cutting-edge technology and quality defence equipment in the country, and promote the Indian aerospace and defence manufacturing ecosystem, globally.”
Tata Boeing Aerospace, Boeing’s first equity joint venture in India, is the result of a 2015 partnership agreement with TASL. Spread over 14,000 square meters, the state-of-the-art facility has been producing aero-structures for Boeing’s AH64 Apache helicopter, including fuselages, secondary structures and vertical spar boxes for customers worldwide. Recently, Boeing announced the addition of a new production line to manufacture complex vertical fin structures for the 737 family of airplanes. Customers globally operate more than 1,200 Boeing-made Apache helicopters. The helicopter has been fielded or selected for acquisition by the armed forces of 16 countries, including India.
SEVERNOYE DESIGN BUREAU:
75 YEARS AND GOING STRONG!
The manufacturer of Talwar-class frigates, Russian Severnoye Design Bureau (SDB), was established in USSR in 1946 for designing destroyers and patrol ships. In the course of time, the scope of tasks has expanded significantly. The company has developed almost the entire ocean-going surface fleet of the Soviet Union of which many projects became true milestones. The development of a modern ship involves work and intellectual activities of many teams and thousands of specialists in various industries.
However, it is the Severnoye Design Bureau that plays the key role as an integrator. Over 75 years of work, 550 ships and vessels were built to SDB designs. The company is credited with the world’s first ships equipped with anti-ship missiles and the first large warships where gas turbines were used as part of the propulsion system. The Bureau developed anti-submarine ships and destroyers featuring ‘exceptional’ seaworthiness, also ships described as ‘aircraft carrier killers’ and heavy nuclearpowered missile cruisers, the pride of the Russian Navy.
Since 1998, SDB has been developing projects using an automated threedimensional numerical modeling system. In 2015, the company enabled to exchange project data via a secured channel between the Bureau and a shipyard. Presently, SDB continues to support construction of Pr.22350 frigates for the Russian Navy. These ships are featuring completely new capabilities.
Multipurpose Pr. 22350 frigate is equipped with stateof- the-art integrated systems and weapons, which enable to provide high accuracy managing of a wide task scope. These ships are able to reinforce surface action groups significantly. The leading Pr.22350 frigate named Admiral Gorshkov was delivered to the Russian Navy in 2018, while the second vessel Admiral Kasatonov entered the Navy in 2020. The third frigate Admiral Golovko became the first ship of this programme to be equipped with a propulsion plant of Russian origin.
Now six frigates are under construction at the Northern shipyard in St.Petersburg. In 2019, Admiral Gorshkov together with Russian Northern Fleet ships and support vessels made a round-the-world voyage, that achievement was marked in the Russian Armed Forces’ Book of Records. In 2020 the frigate successfully fired a new Zircon hypersonic cruise missile. SDB has also established Pr. 22160 offshore patrol vessels being under construction for the Russian Navy at Zelenodolsk Shipyard. This is the first Russian ship designed using a modular weapon concept. Part of the armament is to be mounted at the construction stage and is not changed throughout the entire service life. The remaining reserved areas and spaces can be used to accommodate additional weapons during repairs or upgrades.
In addition, there are special places for accommodating various removable modules, which can be replaced during operation, depending on missions at hand. To date, three ships of this series have already joined the Russian Navy, and three more are in various stages of construction. SDB is also proud to present its Pr.22460 Rubin-class border guard ships that have been under construction since 2007. Thirteen ships have already been commissioned by the Border Guard Service
of the Russian Federation and another one is undergoing trials.
The armament of the border ships consists of one 30 mm sixbarreled AK-306 automatic gun and two 12.7 mm Kord machine guns. Rubin-class ships can be operated both in equatorial waters and in thin and broken ice, while the design of its steel hull ensures that themission will be completed even after a collision with an intruder vessel. Defence cooperation with the Indian Navy and Indian industry is particularly noteworthy for SDB.
The work started from Pr.61ME frigate. For the first time in the history of Russian shipbuilding, ships of such displacement and characteristics were designed and built for a foreign customer. Five ships of that series were delivered to India. While cooperating with the Indian Navy, SDB also has worked as a system integrator.
Following the request of the Indian Government, the company experts together with the representatives of the Navy defined weaponry and technical equipment to be installed on the ships designed in India. Consequently, Pr.15, Pr.15A, Pr.16, Pr.16 A, Pr.25 and Pr.25A ships were built with indigenous and Russian weaponry installed at the customer’s shipyard. Pr. 17 Shivalikclass were also created with technical assistance of SDB.
The design bureau has been also proud to develop Pr.11356 frigates for the Indian Navy. Severnoye Design Bureau is in constant search for new technical solutions for implementing them in its products. The company offers its experience to India and looks forward to further beneficial and fruitful cooperation.
