#Vehicle Tracking System Suppliers in Abu Dhabi

[logisticscompaniesinabudhabi]

Land Transport Services - OCT

In the bustling landscape of the United Arab Emirates (UAE), efficient land transport services are paramount for trailer manufacturers. Whether you're delivering finished products to clients or sourcing raw materials from suppliers, navigating the UAE's extensive road network requires precision and reliability. This guide is tailored to trailer manufacturers, offering insights and strategies to optimize your land transport operations in the UAE.

Understanding the Landscape:

The UAE boasts a well-developed infrastructure, with modern highways and roads connecting key industrial and commercial hubs. From Dubai's bustling ports to Abu Dhabi's industrial zones, the UAE offers a network of routes for transporting trailers and goods across the country.

Key Challenges:

Regulatory Compliance: Compliance with UAE's transportation regulations is critical. Understanding local laws, permits, and documentation requirements is essential to avoid delays and penalties.

Traffic Congestion: Urban centers like Dubai and Abu Dhabi experience heavy traffic congestion, particularly during peak hours. Efficient route planning and scheduling can help mitigate delays.

Weather Conditions: Extreme temperatures, especially during the summer months, can impact road conditions and vehicle performance. Adequate maintenance and contingency plans are necessary to ensure uninterrupted operations.

Safety Concerns: Ensuring the safety of drivers, cargo, and other road users is paramount. Compliance with safety standards and implementing best practices can mitigate risks associated with land transport.

Optimizing Land Transport Services:

Fleet Management: Maintain a well-maintained fleet of trailers equipped with advanced tracking and monitoring systems. Real-time visibility allows for better route optimization and timely delivery.

Strategic Partnerships: Collaborate with reputable logistics partners and freight forwarders in the UAE. Leveraging their expertise can streamline operations and provide access to additional resources when needed.

Technology Integration: Embrace technology solutions such as GPS navigation, fleet management software, and electronic documentation systems. Automation and digitalization enhance efficiency and accuracy in land transport operations.

Driver Training and Safety: Invest in comprehensive training programs for drivers, focusing on defensive driving techniques, cargo handling procedures, and emergency response protocols. Prioritize safety to mitigate accidents and ensure compliance with regulations.

Adaptive Planning: Remain flexible in your planning processes to adapt to changing market dynamics, customer demands, and external factors such as weather conditions or regulatory changes.

Efficient land transport services are essential for trailer manufacturers operating in the UAE. By understanding the local landscape, addressing key challenges, and implementing strategic optimizations, manufacturers can streamline their operations, enhance reliability, and maintain a competitive edge in the dynamic UAE market. Embracing technology, fostering partnerships, and prioritizing safety are key pillars in achieving success in land transport services in the UAE.

[classyfoxdestiny]

Business news live - The Hindu

Business news live - The Hindu

2:22 P.M.

Aluminium prices hit over decade high as Guinea unrest sparks supply fears

Aluminium prices hit their highest in more than 10 years on Monday after reports of political turmoil in bauxite mining hub Guinea triggered concerns over raw material shortages.

Guinea is the world’s top supplier of bauxite – the ore used to produce aluminium – to China, the biggest producer and consumer of the metal used in construction, cars and aeroplanes, Reuters reported.

2:19 P.M.

Tamilnad Mercantile Bank files IPO papers with Sebi

Private sector lender Tamilnad Mercantile Bank has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering.

The initial public offering (IPO) comprises fresh issue of 15,827,495 equity shares and an offer-for-sale of up to 12,505 equity shares by selling shareholders, according to the draft red herring prospectus (DRHP), PTI  reported.

2:11 P.M.

Shipping industry proposes levy to speed up zero carbon future

Leading shipping associations have proposed creating a global levy on carbon emissions from ships to help speed up the industry’s efforts to go greener.

With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world’s CO2 emissions and the sector is under growing pressure to get cleaner, Reuters reported.

2:04 P.M.

Qualcomm says it will supply chip for new Renault electric vehicle

Qualcomm Inc said it will supply a key computing chip for the digital dashboard in a new Renault SA electric vehicle.

Qualcomm said Monday that Renault’s Mégane E-TECH Electric will use its chips to power the vehicle’s infotainment system using software from Alphabet Inc’s Google, Qualcomm’s longtime partner in the Android phone market, Reuters reported.

2:01 P.M.

Piaggio, KTM, Honda and Yamaha set up swappable batteries consortium

Italian scooter maker Piaggio said on Monday it had set up a consortium with Honda Motor Co., KTM AG and Yamaha Motor Co. to encourage the use of swappable batteries for electric motorcycles and light electric vehicles.

The Swappable Batteries Motorcycle Consortium (SBMC) aims to broaden the use of light electric vehicles, such as scooters, mopeds and motorcycles, and support a more sustainable management of their batteries, PTI reported citing a joint statement.

1:52 P.M.

India in talks to buy 9.9% stake in Russia’s Arctic LNG 2 project

India is in talks with Russian energy producer Novatek to buy a 9.9% stake in the Novatek-led Arctic LNG-2 project, Reuters reported citing Interfax news agency.

Besides Novatak, Arctic LNG-2’s stakeholders include CNPC, Total, CNOOC and a consortium of Mitsui and JOGMEC.

1:33 P.M.

U.K. watchdog urges more powers over crypto promotions

Britain’s Financial watchdog said that creating a regulatory regime for the centralised world of crypto assets will take careful thought.

The country’s Finance Ministry has already consulted publicly on whether some crypto asset promotions need regulating, Reuters reported.

“There are no assets or real world cashflows underpinning the price of speculative digital tokens, even the better known ones like Bitcoin, and many cannot even boast a scarcity value,” Financial Conduct Authority Chair Charles Randell said in a speech.

1:10 P.M.

Retail startup Dukaan raises $11 million funding

Retail startup Dukaan said it has raised $11 million (₹80.3 crore) in funding led by 640 Oxford Ventures.

The retail platform helps entrepreneurs set up online stores.

The pre-series A round also saw participation from existing investors including Snow Leopard Ventures, Lightspeed Partners and Matrix Partners India, PTI reported.

1:00 P.M.

Indian benchmark indices resumed their upward trajectory today, opening at fresh record highs. Asian shares reached six-week peaks, while oil slid as the Saudis cut prices for Asian customers.

Maruti Suzuki India increased the prices of its entire product range with immediate effect, due to an increase in various input costs. The prices of Aluminium, which is used in construction, cars and aeroplanes, hit their highest in over 10 years.

Meanwhile, India’s August gold imports nearly doubled from a year ago to their highest level in five months on strong demand.

12:56 P.M.

BMW orders up $24 billion of batteries as EV demand grows

BMW AG has boosted orders for battery cells to keep pace with accelerating demand for electric cars that made up for more than 11% of deliveries during the half of the year, Bloomberg reported.

The German carmaker now has contracts for more than 20 billion euros ($23.8 billion) of batteries, up from 12 billion euros previously, CEO Oliver Zipse said in an interview.

The cells are destined for i4 sedans, iX sport utility vehicles and other models BMW is producing through 2024, the report noted and added that the company plans to start switching to a new generation of batteries the following year.

12:49 P.M.

Lupin, TB Alliance join hands for new therapy for drug-resistant Tuberculosis

Drugmaker Lupin on Monday said non-profit drug developer TB Alliance has granted it a non-exclusive licence to manufacture anti-TB drug pretomanid as part of the three-drug BPaL regimen.

The Mumbai-based company intends to commercialise the medicine in around 140 countries and territories, including many of the highest TB burden nations around the world, according to a PTI report.

The BPaL regimen offers the TB community the first all-oral, six-month treatment for highly resistant forms of drug resistant-TB.

12:36 P.M.

Oil falls $1 after deep Saudi price cuts spur demand concerns

Oil prices fell about $1 on Monday, extending losses after the world’s top exporter Saudi Arabia slashed crude contract prices for Asia over the weekend, reflecting well-supplied global markets and concerns over the outlook for demand, Reuters reported.

Brent crude futures for November fell 1.4%, to $71.63 a barrel, while U.S. West Texas Intermediate crude for October was down 95 cents, or 1.4%.

12:30 P.M.

Goldman Sachs to list Petershill asset management unit for $750 million

Goldman Sachs will list asset management unit Petershill Partners on the London Stock Exchange for $750 million, it said on Monday.

Petershill, which takes minority stakes in private equity and hedge funds, will be a standalone company operated by the Goldman Sachs Asset Management team, according to a Reuters report.

The business takes advantage of its relationship with Goldman Sachs to source attractive acquisitions in alternative asset management, the firm said. Petershill itself has no fixed assets but holds positions in 19 alternative asset managers.

12:20 P.M.

Aluminium prices hit over decade high as Guinea unrest sparks supply fears

Aluminium prices hit their highest in more than 10 years today after reports of political turmoil in bauxite mining hub Guinea triggered concerns over raw material shortages, Reuters reported.

The most-traded October aluminium contract on the Shanghai Futures Exchange jumped as much as 3.2% to 21,980 yuan ($3,406.64) a tonne, a level unseen since July 2008, before easing to 21,640 yuan a tonne, still up 1.6%, the report noted.

Three-month aluminium on the London Metal Exchange rose as much as 1.8% to $2,775.50 a tonne, highest since May 2011.

11:58 A.M.

Oil giant ADNOC to sell minimum 7.5% stake in drilling unit’s IPO

ADNOC Drilling said on Monday it intended to list on the Abu Dhabi bourse, with its parent company Abu Dhabi National Oil Co (ADNOC) selling a minimum 7.5% stake in an initial public offering (IPO).

This is the second public flotation of a company owned by the Abu Dhabi oil giant after it listed ADNOC Distribution, the largest operator of petrol stations and convenience stores in the United Arab Emirates, in 2017, a Reuters report noted.

11:31 A.M.

European banks still booking profits in tax havens, report says

Top banks in Europe continue to use tax havens to book chunks of profits, a trend that has changed little since 2014 despite country-by-country disclosures becoming mandatory, the EU Tax Observatory said in a report on Monday.

Disclosures from 36 major European banks showed they booked a total of 20 billion euros ($23.77 billion) or about 14% of total profits, in tax havens, even though few were employed there, Reuters reported.

Profits booked by banks in tax havens work out at around 238,000 per employee, compared with 65,000 euros in non-tax havens, the report said.

10:59 A.M.

India’s August gold imports nearly double on price correction

India’s gold imports in August nearly doubled from a year ago to their highest level in five months on an improvement in demand and as a correction in prices prompted jewellers to ramp up purchases for the festive season, Reuters reported, citing a government source.

India imported 121 tonnes of gold in August, compared to 63 tonnes a year earlier, the report noted. In value terms, August imports surged to $6.7 billion from $3.7 billion a year ago.

10:44 A.M.

Rupee falls 4 paise to 73.06 against U.S. dollar in early trade

The Indian rupee declined 4 paise to 73.06 against the U.S. dollar in opening trade today, tracking a firm American currency, PTI reported.

At the interbank foreign exchange, the rupee opened at 73.02 against the dollar, then fell further to 73.06, registering a fall of 4 paise over its previous close.

Forex traders said a rally in domestic equities and sustained foreign fund inflows supported the rupee and contained the depreciation bias.

10:39 A.M.

Maruti Suzuki hikes vehicle prices by up to 1.9%

The country’s largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire product range, except Celerio, by up to 1.9% with immediate effect, according to PTI.

In a regulatory filing, the company said that it has taken the decision to hike prices due to an increase in various input costs. This is MSI’s third price hike this year.

The auto major has already raised prices in January and April this year, with an overall hike of around 3.5%, the news agency noted.

10:28 A.M.

Saudi Arabia slashes crude prices to Asia

Saudi Arabia, the world’s top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to north-western Europe and the United States steady, a Reuters report noted.

The deep price cuts come as lockdowns across Asia to combat the highly infectious delta variant of the coronavirus have capped fuel demand in the region. Global oil supplies are also increasing as the OPEC+ is raising output by 400,000 barrels per day a month between August and December.

10:18 A.M.

Binance removes Singapore products on main platform after regulator’s warning

Embattled Binance, one of the world’s largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state’s central bank said it should stop offering payment services, according to a Reuters report.

The Monetary Authority of Singapore became the latest regulator to take aim at Binance, warning last week that its global platform, Binance.com, could be breaking the law by providing payment services to Singapore residents without an appropriate licence, the report noted.

Binance.com will stop offering Singapore dollar payment options and Singapore dollar trading pairs from Sept. 10 and the app will be removed from the Singapore iOs and Google Play stores, it said in a post on its website.

9:48 A.M.

Atal Pension Yojana dominates social security scheme with 66% NPS subscriber base

Atal Pension Yojana (APY) has emerged as the most popular social security scheme under the National Pension System (NPS), PTI reported.

Out of 4.2 crore NPS subscribers, over 66% or 2.8 crore opted for the APY at the end of 2020-21, mainly from the non-metro centres, according the annual report of the National Pension Systems Trust.

APY also dominated in terms of growth rate of the subscriber base, with a gain of 33% on-year in fiscal year ending March 2021, the report noted.

9:34 A.M.

Govt’s excise collection jumps 48% in Apr-July

The government’s collections from levy of excise duty on petroleum products have jumped 48% in the first four months of the current fiscal year, with the incremental mop-up being 3-times of the repayment liability of legacy oil bonds in the full fiscal, official data showed.

Data available from the Controller General of Accounts in the Union Ministry of Finance showed excise duty collections during April-July 2021 surging to over ₹1 lakh crore, from ₹67,895 crore mop-up in the same period of the previous fiscal.

9:18 A.M.

Indian benchmark indices open at fresh record high

Indian indices opened at fresh record high today. BSE Sensex opened at 58,411.62, up 281.67 points, while Nifty opened at 17,399.35, up 75.75 points.

On Friday, the BSE Sensex settled 277.41 points or 0.48% up at its lifetime closing high of 58,129.95, while Nifty advanced 89.45 points or 0.52% to its all-time closing peak of 17,323.60.

9:05 A.M.

Global trends to guide markets in holiday-shortened week

The stock market is likely to continue with its positive momentum but may face bouts of profit-booking amid lofty valuations in this holiday-shortened week, PTI reported, citing analysts.

The trading sentiment will be guided mostly by global trends in absence of major domestic events, the report noted.

The BSE 30-share benchmark zoomed 2,005.23 points or 3.57% last week. The benchmark scaled the 58,000-mark for the first time on Friday.

9:00 A.M.

Asia shares edge higher on hopes for more stimulus

Asian shares edged higher today as a disappointing U.S. payrolls report promised to keep policy there super-loose for longer, but also clouded the outlook for global growth and inflation, Reuters reported.

A holiday in the United States made for thin conditions and kept MSCI’s broadest index of Asia-Pacific shares outside Japan to a small gain of 0.2%, though that was the highest since late July, the report noted.

Japan’s Nikkei added 1.7%, extending a rally on hopes a new prime minister there would bring added fiscal stimulus. Chinese blue chips gained 1.3% amid speculation Beijing would also be adding stimulus through fiscal and monetary policy.

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[emirtechabudhabi]

GPS Vehicle Tracking System

Best Vehicle Tracking System Suppliers in Abu Dhabi, Dubai UAE. Emirtech Technology provide GPS based vehicle tracking systems, Car Tracker Device and vehicle monitors in the United Arab Emirates.

[latestmarketresearch]

Coronavirus impact on Private LTE & 5G Network Market Growing Demand, Size, Share & Future Trends To 2030

JULY 27, 2020: With the standardization of features such as MCX (Mission-Critical PTT, Video & Data) services and URLCC (Ultra-Reliable Low-Latency Communications) by the 3GPP, LTE and 5G NR (New Radio) networks are rapidly gaining recognition as an all-inclusive critical communications platform for the delivery of both mission and business critical applications.

By providing authority over wireless coverage and capacity, Private LTE and 5G networks ensure guaranteed and secure connectivity, while supporting a wide range of applications - ranging from PTT group communications and real-time video delivery to wireless control and automation in industrial environments. Organizations across the critical communications and industrial IoT (Internet of Things) domains - including public safety agencies, militaries, utilities, oil & gas companies, mining groups, railway & port operators, manufacturers and industrial giants - are making sizeable investments in private LTE networks.

To Request A Sample Copy Of This Report @:   https://www.radiantinsights.com/research/the-private-lte-and-5g-network-ecosystem-2020-2030/request-sample

The very first private 5G networks are also beginning to be deployed to serve a diverse array of usage scenarios spanning from connected factory robotics and massive-scale sensor networking to the control of AVGs (Automated Guided Vehicles) and AR/VR (Augmented & Virtual Reality). For example, Daimler's Mercedes-Benz Cars division is establishing a local 5G network to support automobile production processes at its ""Factory 56"" in Sindelfingen, while the KMA (Korea Military Academy) is installing a dedicated 5G network in its northern Seoul campus to facilitate mixed reality-based military training programs - with a primary focus on shooting and tactical simulations.

 In addition, with the emergence of neutral-host small cells, multi-operator connectivity and unlicensed/shared spectrum access schemes, the use of private LTE and 5G networks in enterprise buildings, campuses and public venues is expected to grow significantly over the coming years. The practicality of spectrum sharing schemes such as the three-tiered CBRS (Citizens Broadband Radio Service) framework and Japan's unlicensed sXGP (Shared Extended Global Platform) has already been proven with initial rollouts in locations such as corporate campuses, golf courses, race tracks, stadiums, airports and warehouses.

A number of independent neutral-host and wholesale operators are also stepping up with pioneering business models to provide LTE and 5G connectivity services to both mobile operators and enterprises, particularly in indoor settings and locations where it is technically or economically not feasible for traditional operators to deliver substantial wireless coverage and capacity.

To Browse Full Research Report @: https://www.radiantinsights.com/research/the-private-lte-and-5g-network-ecosystem-2020-2030

Topics Covered

The report covers the following topics:

- Private LTE and 5G network ecosystem

- Market drivers and barriers

- System architecture and key elements of private LTE and 5G networks

- Analysis of vertical markets and applications - ranging from mobile broadband and mission-critical voice to domain-specific applications such as CBTC (Communications-Based Train Control) and connected robotics for factory automation

- Operational models for private LTE and 5G networks including independent, managed, shared core, hybrid commercial-private and private MVNO networks

- Mission-critical PTT/video/data services, deployable LTE/5G systems, cellular IoT, TSN (Time Sensitive Networking), URLLC (Ultra-Reliable Low-Latency Communications) techniques, quantum cryptography, unlicensed/shared spectrum, neutral-host/multi-operator small cells, network slicing, MEC (Multi-Access Edge Computing) and other enabling technologies

- Key trends including the adoption of local and shared spectrum licensing, commercial readiness of private 5G systems for Industry 4.0, nationwide and city-wide public safety broadband network build-outs, regional mission/business-critical LTE networks for utilities and energy companies, localized private LTE/5G networks for railway infrastructure, ports, airports, mines, factories, warehouses, buildings, campuses and public venues, and pioneering neutral-host business models for enterprise and public wireless connectivity.

- Review of private LTE and 5G network engagements worldwide, including case studies of more than 40 live networks

- Spectrum availability, allocation and usage for private LTE and 5G networks across the global, regional and national regulatory domains

- Standardization, regulatory and collaborative initiatives

- Future roadmap and value chain

- Profiles and strategies of over 600 ecosystem players including LTE/5G network infrastructure suppliers and vertical-domain specialists

- Strategic recommendations for end users, LTE/5G network infrastructure suppliers, system integrators and commercial/private mobile operators

- Market analysis and forecasts from 2020 till 2030

Forecast Segmentation

Market forecasts are provided for each of the following submarkets and their subcategories:

Submarkets

RAN (Radio Access Network)

- Mobile Core

- Backhaul & Transport

Air Interface Technologies

- LTE

- 5G

Spectrum Types

- Licensed Spectrum

- Unlicensed/Shared Spectrum

Unlicensed/Shared Spectrum Frequency Bands

- 1.9 GHz sXGP/DECT

- 2.4 GHz

- 3.5 GHz CBRS

- 5 GHz

- Other Bands

Vertical Markets

- Critical Communications & Industrial IoT

• Public Safety

• Military

• Energy

• Utilities

• Mining

• Transportation

• Factories & Warehouses

• Others

- Enterprise & Campus Environments

- Public Venues & Other Neutral Hosts

Regional Markets

- Asia Pacific

- Eastern Europe

- Middle East & Africa

- Latin & Central America

- North America

- Western Europe

Key Questions Answered

The report provides answers to the following key questions:

- How big is the private LTE and 5G network opportunity?

- What trends, drivers and barriers are influencing its growth?

- How is the ecosystem evolving by segment and region?

- What will the market size be in 2023, and at what rate will it grow?

- Which vertical markets and regions will see the highest percentage of growth?

- What is the status of private LTE and 5G network adoption worldwide, and what are the primary usage scenarios of these networks?

Key Findings

The report has the following key findings:

- Expected to reach $4.7 Billion in annual spending by the end of 2020, private LTE and 5G networks are increasingly becoming the preferred approach to deliver wireless connectivity for critical communications, industrial IoT, enterprise & campus environments, and public venues. The market will further grow at a CAGR of 19% between 2020 and 2023, eventually accounting for nearly $8 Billion by the end of 2023.

- SNS Telecom & IT estimates that as much as 30% of these investments - approximately $2.5 Billion - will be directed towards the build-out of private 5G networks which will become preferred wireless connectivity medium to support the ongoing Industry 4.0 revolution for the automation of factories, warehouses, ports and other industrial premises, besides serving additional verticals.

- Favorable spectrum licensing regimes - such as the German Government's decision to reserve frequencies in the 3.7 - 3.8 GHz range for localized 5G networks - will be central to the successful adoption of private 5G networks.

- A number of other countries - including Sweden, United Kingdom, Japan, Hong Kong and Australia - are also moving forward with their plans to identify and allocate spectrum for localized, private 5G networks with a primary focus on the 3.7 GHz, 26 GHz and 28 GHz frequency bands.

- The very first private 5G networks are also beginning to be deployed to serve a diverse array of usage scenarios spanning from connected factory robotics and massive-scale sensor networking to the control of AVGs (Automated Guided Vehicles) and AR/VR (Augmented & Virtual Reality).

- For example, Daimler's Mercedes-Benz Cars division is establishing a local 5G network to support automobile production processes at its ""Factory 56"" in Sindelfingen, while the KMA (Korea Military Academy) is installing a dedicated 5G network in its northern Seoul campus to facilitate mixed reality-based military training programs - with a primary focus on shooting and tactical simulations.

List of Companies Mentioned

• 3GPP (Third Generation Partnership Project)

• 450 MHz Alliance

• 450connect

• 4K Solutions

• 5G PPP (5G Infrastructure Public Private Partnership)

• 5GAA (5G Automotive Association)

• 5G-ACIA (5G Alliance for Connected Industries and Automation)

• 5G-IA (5G Infrastructure Association)

• 7Layers

• A1 Telekom Austria Group

• Aaeon Technology

• AAR (American Association of Railroad)

• ABB

• Abu Dhabi Police

• Accelleran

• Accenture

• ACCF (Australasian Critical Communications Forum)

• Accton Technology Corporation

• Accuver

• Ace Technologies Corporation

• AceAxis

• ACMA (Australian Communications and Media Authority)

• Adax

• Addis Ababa Light Rail

• ADF (Australian Defence Force)

• ADLINK Technology

• ADNOC (Abu Dhabi National Oil Company)

• ADR (Aeroporti di Roma)

• ADRF (Advanced RF Technologies)

• ADTRAN

• ADVA Optical Networking

• Advantech

• Advantech Wireless

• Aegex Technologies

• AEP Renewables

• AeroMobile Communications

• AeroVironment

• Affarii Technologies

• Affirmed Networks

Many More……………………….

To See More Reports of This Category by Radiant Insights: https://latestmarkettrends.news.blog/

About Radiant Insights: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact: Company Name: Radiant Insights, Inc Contact Person: Michelle Thoras Email: sales@radiantinsights.com Phone: (415) 349-0054 Address: 201 Spear St #1100, Suite #3036 City: San Francisco State: California Country: United States

[furiousstarfishphilosopher]

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[anilambaniseo]

How Anil Ambani bet big on Defense

Announcing a partnership between the Reliance Group and Maharashtra State Government  in 2015, the Reliance Group Chairman, Mr. Anil Dhirubhai Ambani was quoted as saying, "We are deeply committed to the defense sector. Our first acquisition,the Pipavav, Project at Mihan - which has since gained popularity as the Nihon Project - would be the largest greenfield project not only in India but in South East Asia."

Talking about the project, Mr. Ambani stated that plans were afoot to set up Dhirubhai Ambani Aerospace Park (DAAP) at Mihan - the site allotted for the project. He attributed the selection of the site for easy availability of resources such as infrastructure, skill, and most importantly, the size of the land and space for testing. DAAP promised to set up manufacturing assembly lines for the production and repair of aircraft components. The Rs.6, 500 crore project spanning 289 acres is indeed a massive undertaking - even for an industrial giant like Anil Ambani-led Reliance Group.

 The story so far

In the2017-18 annual report, the Reliance Group reported that they have established themselves in the defense industry through global tie-ups with equipment suppliers like the French Dassault Aviation - with 51% holding - and marketing partners like LIG Nex1 of South Korea, Strata of UAE, DCNS and Thales of France, covering both procurement and sales - the two most significant areas of business. The contract size with Dassault Aviation - for setting up Dassault Reliance Aerospace Limited (DRAL) - is Rs. 30,000 crores and projected investment in marketing opportunities over the next 5 years is to the tune of Rs. 1,00,000 crores.

Another joint venture with the Israeli company Rafael Advanced Defence System - Reliance Defence and Engineering Limited (RDEL) has bagged the US Navy contract for repair and maintenance of their 7th fleet - no mean feat that!

Three years down the line, RInfra - Reliance Infrastructure - the parent company of DRAL (Dassault Reliance Aerospace Limited) finds itself in debt to the tune of Rs. 9,000 crore. But there is no cause to worry says the man behind the mission.The Annual Report projects future focus on Land Systems, which though requiring further investment would nevertheless rake in large profits in the long run.

 What the future holds

The alliance with Dassault Aviation is in part a contribution of Reliance Group's contribution towards Make in India and Skill India schemes of the government of India. DRAL - as a part of Reliance Group with proven success in the technology sector - plans to facilitate technology transfer in the aerospace sector as a result of this alliance. As a part of the purchase agreement between the Indian and the French governments, DRAL will be a key factor in fulfilling the obligation of the Indian Government. DRAL will form a part of the Mihan DAAP project, not only sharing space but forming a comprehensive eco structure that facilitates manufacture thorough integration of MSMEs in the aviation sector.

Through a strategic alliance with ANTONOV of Ukraine, for Maintenance Repair and Overhaul (MRO), Reliance Defence Limited plans to fulfill requirements for 50 to 80 seater passenger aircrafts as well tangential needs like transport, patrol, and more.In yet another alliance - an MoU with Mubadala Aerospace of Abu Dhabi, RDL has roped in expertise in carbon fiberaero structures.

Apart from aerospace, the Reliance Group has also forayed into the naval, defense equipment, land systems, and defense infrastructure. In the naval arena, RDEL is the first private sector company to win a contract for design of a warship for IAF. As of 31st March, 2018 - as per the annual report - 70% progress has been achieved on the first two offshore patrol vehicles and 30% on the remainder. A contract for building 14 fast patrol vehicles has also been awarded to RDEL.

In the Land Systems space too,several partnerships and alliances have been affected with OEMs around the world for manufacture of weapons, platforms, ammunition, and equipment as well as armored vehicles and artillery. RDL has also ventured into manufacture of specialized platforms like armored tracked and wheeled tracked vehicles, Main Battle Tanks (MBT), Turrets, Optronics, C-Ram (Counter Rocket, Artillery,  and  Mortar), and more.

In fact, the resilient Anil Ambani has - with a single step - taken the defense sector by storm - sailing forth on all fronts - land, sea, and air. Mr. Anil Ambani is a chip off the old block, displaying traits of the late Mr. Dhirubhai Ambani - a true visionary and leader.

[furiousstarfishphilosopher]

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