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 |