Acknowledging India as a ‘ Major Defence |
changes said . “ I ’ m pleased to |
|
Partner ’, the US has made necessary |
see India ’ s status as a ‘ Major |
|
changes in its export control laws that |
Defence Partner ’ – a |
|
would benefit India by facilitating |
designation that we have |
|
smoother transfer of technologies and |
strongly supported – be |
|
arms to it . The new rule makes necessary |
translated into tangible |
under this new rule . Most of these |
changes in the export control laws , |
regulatory reform ,” said Mukesh Aghi , |
licenses being focused on aerospace |
“ creates a presumption of approval ” for |
president of US India Business Council |
systems and ground vehicles . Additionally , |
Indian companies seeking to import |
( USIBC ). The new rule also amends the |
under the new regulation , Indian |
Commerce Department-controlled |
law so that companies will not need a |
companies will not be required by US law |
military items , except Weapons of Mass |
license at all after becoming a Validated |
to seek approval for the re-export of |
Destruction-related goods . |
End User ( VEU ). |
platforms that contain less than 25 per |
This means that only under the rarest |
Over 810 licenses representing some USD |
cent US content . |
circumstances will India be denied |
5 billion in trade in the last half decade |
|
licenses , a source familiar with the |
have been granted for goods covered |
mission . |
indigenously built earth observation |
|
In PSLV ’ s 39th flight , the vehicle carried |
satellite , followed by two other |
|
104 satellites lifting it off from the first |
nanosatellites of ISRO — - INS-1A and INSlaunch |
|
pad at Satish Dhawan Space Centre |
1B . |
|
in Sriharikota at 09:28 hrs . |
“ My hearty congratulations to the team . |
|
With a time-frame of about 11 minutes , |
The Prime Minister has conveyed his |
|
the rocket started placing the satellites |
congratulations ,” ISRO chairman A S Kiran |
|
into orbit , one by one , after seventeen |
Kumar said . |
|
minutes of its launch . |
Director , ISRO Satellite Centre Mayilsamy |
|
Out of the total 104 satellites placed in |
Annadurai said , “ We can also hit centuries |
|
orbit , 101 satellites belonged to six foreign |
like our cricketers . In another two months , |
|
India has etched a new record amongst |
countries . They included 96 from the US |
the number of satellites built by ISRO will |
the global space explorers on February 15 , |
and one each from Israel , the UAE , the |
reach 100 . Besides GSLV missions , we |
2017 , with the successful launch of a |
Netherlands , Switzerland and Kazakhstan . |
have get Chandrayan – 2 ready for launch |
record 104 satellites by ISRO ’ s Polar |
The first satellite to be infused by the PSLV |
next year .” |
Satellite Launch Vehicle ( PSLV ) in a single |
was the Cartosat- 2 series , India ’ s |
Indian tech players voiced their |
“ We would expect more proactive |
dissatisfaction on the absence of a |
measures from the government on ease of |
vigorous electronics manufacturing |
doing business as the cost of compliance |
ecosystem in the country for an effective |
in India is higher as compared to other |
implementation of the Make in India and |
countries , because of which large scale |
Digital India vision . This has surfaced |
manufacturing is not yet shifting to India ,” |
despite the Budget 2017-18 coming up |
Agarwal added . |
with the government ’ s commitment |
While welcoming the government ’ s move |
towards making India a digital economy . |
to reduce corporate tax for small |
“ We are disappointed with the lack of |
companies to 25 per cent with annual |
provisions for creating a robust domestic |
turnover upto Rs 50 crore , Samson Khaou , |
electronics manufacturing ecosystem in |
Managing Director , Dassault Systemes |
India beyond smartphones ,” said Debjani |
India , said that 96 per cent of the Micro |
Ghosh , Managing Director , Intel South |
Small and Medium Enterprises ( MSME ) |
Asia . |
will benefit from this move . |
Rahul Agarwal , CEO , Lenovo India , said , |
“ This move will prove to be a welcome |