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economictimes.indiatimes.com / 1 year ago
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economictimes.indiatimes.com / 1 year ago
Union Minister Kinjarapu Rammohan Naidu inaugurates Kolkata-Hindon-Goa flight
Civilian Aviation Ministry launched its aircraft BOEING-737 flight from Kolkata to Goa via Hindon on Saturday. The project was inaugurated by Union Civil Aviation Minister Kinjarapu Rammohan Naidu at Hindon, showcasing exemplary civilian-military coordination.
Hindon Airport is located in Ghaziabad, Uttar Pradesh. Due to its strategic location, dual-use capabilities, military infrastructure and capacity to handle diverse air traffic, it is a crucial asset for the nation. The introduction of flights from Hindon will go a long way in decongesting air traffic in NCR.
This flight under the UDAN (Ude Desh Ka Aam Naagrik) project is a testament to the Indian Air Force's commitment to supporting both military and civilian air operations, facilitating improved access to varied locations.
Beyond its core mission of safeguarding the nation's skies, the Indian Air Force actively contributes to nation-building by supporting initiatives like project UDAN, aimed at enhancing regional air connectivity across India.
Earlier, Union Minister for Civil Aviation Ram Mohan Naidu on Thursday inaugurated the UDAN Yatri Cafe at Chennai Airport.
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How chronic illness became a starting point for artistic alchemy for Koshy Brahmatmaj
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21.05 / 10:17
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Even at $5 trillion, Nvidia is underappreciated
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21.05 / 10:17
markets
Digital
CEO
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RK Swamy bets on integrated advertising model as global agency giants split media and creative
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21.05 / 09:47
markets
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FPIs exit Korea & Taiwan: Is India ready for the flow rotation?
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PI Industries’ weak core business keeps investors on edge
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Secured credit cards: Unlocking credit and building a credit score for millions
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Forensic audits support corporate-fraud probes and IBC cases but still lack enforceable standards
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UPS
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Subscribe to enjoy similar stories.MUMBAI: India’s listed electronics manufacturers are under pressure to defend profitability as the mobile-phone assembly boom slows, prompting a shift towards higher-value industrial electronics.Investors remained jittery through the last fiscal, driven by concerns that slowing consumer sentiment could weigh on the rapid growth that electronics manufacturing services (EMS) firms have delivered so far.In an interview with Mint, Jasbir Singh Gujral, managing director of Syrma SGS Technology Ltd, India’s second-largest listed EMS firm, said, “We’re increasingly looking to capture a larger chunk of contracts from defence, aerospace and med-tech verticals, all of which represent opportunities for original design manufacturing, and also bring significantly higher margins. We’ve already started this transition, and we plan to do more of it this fiscal.”Beyond mobile phones and laptops, EMS firms are expanding into smart metres for electricity boards, aerospace and defence subsystems, railway safety instrumentation, printed circuit boards and display assemblies, and medical devices deployed in hospitals.India’s annual mobile phone shipments have remained subdued since the covid-19 pandemic, with industry estimates pointing to a single-digit decline this calendar year from 152 million smartphones shipped last year.The margin pressure driving this shift is increasingly visible.In FY26, Syrma SGS reported an operating margin of 7.1%, up 2.3 percentage points.
