Latest news with #Goa-based
Time of India
a day ago
- Automotive
- Time of India
In a 1st, European company to source aircraft parts from Goa firm
Panaji: In the first collaboration between a European aerospace supplier and a Goan company for commercial planes, Austrian aerospace firm FACC AG has signed a seven-year agreement with Goa-based Kineco Aerospace & Defence to source structural parts for passenger aircraft. The agreement was announced on the second day of the 2025 Paris Air Show, on Tuesday. The multi-million deal sets in motion a 10-month phase of technical and operational coordination between FACC and Kineco. If executed, this partnership will integrate Kineco into FACC's global supplier network. FACC's annual revenues hit 884.5 million in 2024, and it counts Airbus, Boeing, Bombardier, and Embraer among its customers. 'Kineco Group has been making strategic, forward-looking investments in state-of-the-art capabilities, global-scale capacity, and world-class manufacturing and governance practices,' said the founder and chairman of the Kineco Group, Shekhar Sardessai. 'We are aligning with the evolving needs of Tier-1 companies and global commercial aircraft original equipment manufacturers.' Air India and IndiGo placed orders for a total of 1,830 aircraft from Airbus and Boeing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thị trường có dấu hiệu suy thoái không? IC Markets Đăng ký Undo The parts manufactured at Pilerne are expected to find their way onto some of the aircraft that will be delivered to these two Indian carriers. While India's contribution to global commercial aviation is just around 2%, the country is actively working to increase its share in aerospace manufacturing. 'I take immense pride in this milestone — not just for Kineco, but for India's larger ambition to become a globally competitive aerospace manufacturing hub,' Sardessai said. 'It stands as a strong validation of India's rising stature in the global aerospace value chain.' FACC, which counts among the world's leading suppliers of lightweight aerospace systems and components, used to source these parts from China and Paris. The company indicated that its collaboration with Kineco is driven by a deliberate pivot to 'globally competitive partners' who meet stringent benchmarks in quality, cost, delivery, and innovation. Since the Covid-19 pandemic, there have been growing industry concerns over supply chain vulnerabilities and over-reliance on China. Kineco Aerospace & Defence, a division of Kineco Limited, is part of Goa's modest but steadily growing aerospace and composites manufacturing ecosystem. The firm worked on domestic defence and space programmes, including military contracts from BAE Systems and Hindustan Aeronautics Limited (HAL), as well as the Indian Space Research Organisation's satellite programme.
Mint
a day ago
- Mint
Next vacation plan? A textile trail to explore historical weaves
Next Story Sujata Assomull Curated craft trails, immersive weaving and dyeing workshops offer travellers a deeper understanding of culture, heritage and slow luxury A weaver at work Gift this article This is the time of year when people look forward to travelling for leisure. While I am always more invested in all things fashion, my focus lately has shifted to more immersive travel. This is the time of year when people look forward to travelling for leisure. While I am always more invested in all things fashion, my focus lately has shifted to more immersive travel. In India, though, you don't have to choose between the two. The country's rich textile heritage allows you to combine your love for fashion with a meaningful travel experience. India makes 95% of handwoven textiles in the world. In other words, our weaving traditions are woven into the fabric of the Indian culture, offering journeys that are as enriching as they are beautiful. In the past, I have visited pashmina ateliers in Srinagar, Ajrakh printing centres in Jaisalmer, chikankari centres in Lucknow and sari weaving clusters in Kanchipuram—but those were usually quick detours during work trips or stolen moments on a holiday. Now, I want to go deeper. And it is easier than you might think. Homegrown boutique travel companies are now offering textile trails as part of their itineraries. One of them is Breakaway, founded by Shilpa Sharma, in 2011. Her textile trails span the country, from Gujarat and Rajasthan to Madhya Pradesh, Telangana, Tamil Nadu and Nagaland. 'Each region offers something distinct—whether it's the vibrancy of Ajrakh and bandhej, or the intricacy of weaving traditions tucked away in village clusters across the country," says Sharma, the co-founder of the crafts-focused brand Jaypore, and of Goa-based restaurant Mustard. Over the past few years, Sharma has observed a steady rise in interest for textile-focused travel. 'I think there's a larger cultural shift. We've seen that travellers are increasingly craving 'meaning', not just monuments. India's textile heritage offers a rich and tangible way to connect with memory, identity and place." Their trips typically last four to 10 days, making them easy to plan as long weekend getaways or shorter immersive escapes that don't require significant time commitments. For some locations, planning is necessary—Kashmir and Ladakh are best visited between May and September, while other regions are ideal in the cooler months between October and March. It's also worth noting that dyeing and printing activities slow down during the monsoon season. So, do keep seasonality in mind when you are planning a textile trail. Textile revivalist and curator Lavina Baldota is no stranger to the idea of textile trails. 'For me, these are generally study trips—to understand, evaluate and document," she says. While Baldota believes the interest in textile/loom tourism is on the rise, she points out that mainstream media, even travel-specific publications, aren't doing enough to give such experiences the coverage they deserve. 'Craft and textile tourism hold a lot of potential. Every year, there are enthusiasts who come to India specifically to explore textiles," she explains. Baldota says if more attention was given to how textile and travel are a natural fit—both for Indian and international visitors—it could become a powerful way to understand India's culture and heritage. The government could organise and promote such trips, and so could the fashion industry, Baldota suggests. A similar belief led former journalist and Kochi-based sociopreneur Ramesh Menon to launch Save the Loom, a movement born after the 2018 Kerala floods, which severely affected the weaving clusters around Kochi. An indigo dyeing workshop organised by One Zero Eight by Save the Loom 'The once-famous weaving town had faded from public memory as a centre of craft heritage," says Menon, the founder of One Zero Eight by Save the Loom, a concept store that collaborates with over 40 designers. 'I wished people had celebrated and preserved their traditional crafts—taking pride in showcasing them to the world. Just after the floods, an elderly couple flew in from Manhattan, New York. The wife, a hobby weaver, had read about our story and offered to volunteer. That moment made us realise we had an avenue to tell better stories," Menon says. From there, Menon began hosting regular programmes around weaving, ranging from three-hour workshops in handloom weaving and natural dyeing to one-day deep dives showcasing the entire process of yarn processing, dyeing, winding, warping, weaving, and visits to home weavers and women-led cooperatives. These evolved into bespoke travel experiences, culminating in seven- to 21-day immersive tours across states. 'Though our primary focus is weaving, we also include other traditional craft experiences, museum visits, and 'look-and-learn' modules," Menon says. 'Even watching a Kathakali make-up session can be part of the itinerary." What stands out to him is the diversity of travellers who sign up. 'There's growing interest from young Indians who want to experience and learn. On the international side, it's often 'silver tourists'—older travellers with a passion for art, design and craftsmanship," he says. 'We've had couples gift each other weaving workshops for anniversaries, friends gifting trips for birthdays, and professionals from completely different fields who simply want to understand the intricacies of Indian weaving," he explains. Menon believes the next step forward is for textile-driven fashion brands and retail stores to begin curating these kinds of journeys for their consumers. 'The fashion and retail industry can play a huge role. The 'Handmade in India' story is our biggest asset. Positioning it within the realm of high-end luxury—through loom tourism and by opening up ateliers and production units—will showcase our craftsmanship and ways of making," he explains. It can also help bring more depth, credibility and capital to India's growing influence in global fashion. 'At a time when the world seeks transparency and sustainability, when brands are being held accountable, and when we want to elevate traditional artisans globally, curating experiences around textile traditions is the most authentic way to claim our space in the luxury conversation," says Menon. Perhaps it is time the fashion industry started thinking of clothing not just as product but as a journey. Pairing craft with travel may well be the most powerful way to keep India's story, and its profound influence on global material culture alive and thriving. Dress Sense is a monthly column on the clothes we wear every day. Sujata Assomull is a journalist, author and mindful fashion advocate. Also read: Why this is the season to stop shopping Topics You May Be Interested In Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Time of India
13-06-2025
- Time of India
Telangana alerts central agencies on hawala trail fuelling drug cartels
Hyderabad: Stepping up its war on narco-financing, the Telangana Anti Narcotics Bureau (TGANB) has written to multiple central agencies, including the Enforcement Directorate, Serious Fraud Investigation Office, and Directorate of Revenue Intelligence, seeking action against a Goa-based hawala operator accused of channelling drug money to Nigeria. According to officials, the hawala operator, Uttam Singh, played a key role in laundering proceeds of the drug trade, allegedly charging a 2% commission for each transaction. "In just two days, he reportedly collected ₹50 lakh from various drug peddlers in Goa. Imagine the volume of money laundered over a year," a TGANB official told TOI. Singh would hand over cash to his associates only after a unique form of verification — the recipient had to show a specific half-torn currency note on WhatsApp as authentication. The Nigerians operating the peddling network from Goa were receiving up to 20% commission from handlers abroad. In one case, officials found that arrested suspect Emmanuel Bediako Maxwell made 150 bank transfers totalling ₹55 lakh to relatives—all proceeds from drug deals. In a related operation, four more Nigerians were arrested from a house built on an acre of land. The property owner, unaware of their background, rented a room for ₹20,000 but later resisted police entry and even threatened to contact senior officials in Goa when the raid began. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Beyond Text Generation: An AI Tool That Helps You Write Better Grammarly Install Now Undo Drugs were seized during the search. "Breaking these hawala channels is key to disrupting the international drug pipeline," officials said. "Drugs produced in Latin America are reaching Europe and then coastal Indian cities like Mumbai. But the money moves in reverse — from Mumbai to Nigeria, and onward to global suppliers," TGANB officials said. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
NDTV
10-06-2025
- Business
- NDTV
"Zips Gone, Locks Missing": Furious IndiGo Passenger Posts About Damaged Bags, Airline Responds
A Deloitte senior analyst took to LinkedIn to express his frustration with IndiGo's alleged mishandling of his luggage and subpar customer service. In a scathing post on LinkedIn, Abhishek Kumar detailed his unpleasant experience on a recent flight from Delhi to Hyderabad, sharing photos of his damaged luggage. Upon arrival, he discovered his checked bag was severely damaged, with torn zippers, missing locks, and tampered contents. Mr Kumar also reported that several items were missing, and the bag weighed noticeably less than when he checked it in at Delhi's Indira Gandhi International Airport. "Your service quality is dropping faster than the economies of South Sudan and Burundi combined — and trust me, that's saying something. My recent flight from Delhi to Hyderabad was nothing short of a disaster. My luggage looked like it had survived a WWE match — zips gone, locks missing, contents clearly tampered with, and surprise surprise: items missing," Mr Kumar wrote on LinkedIn, along with photos of the damaged luggage. He also noted that his bag weighed over 14 kg at check-in at Delhi's IGI Airport, but by the time he received it in Hyderabad, it weighed barely 13 kg. Mr Kumar expressed his frustration with IndiGo's support team, stating that he had been pursuing them for a resolution with no response, likening it to dealing with an unresponsive party who owes him money, and described their service as pathetic. "I've been chasing your team for a resolution like it's a toxic ex who owes me money — and yet, radio silence. July is around the corner, so do let me know if I need to start a '16 Somvaar' fast to get even a decent response from you," he added. IndiGo responded to the viral complaint, asking him to share his contact details and PNR via direct message so they could better understand his experience and get in touch with him promptly. "Thank you for sharing your PNR and concern in detail, Mr Kumar. Please allow us some time while we look into it. We request your kind patience in the interim," IndiGo replied after his response. Earlier, a Goa-based woman, Vaishali Sharma, lodged a similar complaint with IndiGo after her checked baggage arrived damaged on a flight from Goa to Delhi. Despite repeated follow-ups, she claimed the airline barely responded.
India Today
10-06-2025
- Business
- India Today
IndiGo passenger claims luggage arrived broken with items missing, shares pics
A senior analyst at Deloitte has lashed out at IndiGo in a LinkedIn post over alleged mishandling of his luggage and poor customer Kumar shared a scathing post detailing his unpleasant experience during a recent flight from Delhi to Hyderabad and also posted pictures of his damaged his arrival in Hyderabad, Kumar found his checked-in luggage severely damaged - zippers torn, locks missing, and contents tampered with. He also claimed that several items were missing from his bag, which appeared to weigh nearly a kilogram less than it did when checked in at Delhi's Indira Gandhi International 'My luggage looked like it had survived a WWE match - zips gone, locks missing, contents clearly tampered with, and surprise surprise: items missing! At IGI, my bag weighed over 14 kg. By the time I got it in Hyderabad, it was barely 13 kg,' Kumar said in his over the lack of response from IndiGo's support team, Kumar added, 'I've been chasing your team for a resolution like it's a toxic ex who owes me money - and yet, radio silence. Honestly, pathetic service.'See the post here: IndiGo, meanwhile, reacted to the viral complaint saying, 'Mr Kumar, we would like to understand your experience better. Request you to share your contact details and PNR via DM and we'll get in touch with you promptly.' Earlier this month, a Goa-based woman also called out IndiGo after her checked-in baggage allegedly arrived damaged. The airline, she claimed, barely responded despite repeated Watch
