Emerging markets thread, their technology, their economy, and India

Discussion in 'Economy & Infrastructure' started by MiG-23MLD, Apr 14, 2011.

  1. MiG-23MLD
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    The Jalisco-based company Flying Spirit Aircraft became the first Mexican company to receive authorization by the US Federal Aviation Administration (FAA) to assemble a complete airplane.
    Last April 21st they obtained the certification for the light aircraft Sport 2SE.
    Guillermo Escutia, President, explained that this model was originally designed by the US company Quicksilver Aircraft, founded en 1971 and acquired in 2012 by Flying Spirit Aircraft, but some modifications have been made.
    When it was acquired, the company only had authorization to sell airplanes assembled up to 49% and the buyer had to assemble the remaining 51%.
    The Mexicans decided to expand their horizons because, after a market survey, they realized that there were more people willing to buy an airplane when it was ready to fly. Reaching this goal required 15 months of intense work to reinforce the airplane’s design and the operations of the manufacturing plant, located in Temecula, Caifornia.
    In coming weeks, Flying Spirit Aircraft will make another market survey to determine the number of aircraft that may be sold.
    This model is designed for recreational purposes and for aviation schools.
    The company has several plans for the medium term, such as a leap to other markets, like fumigation and mapping aircraft, as well as transferring their operations to Mexico.
    The choices being considered include Chihuahua, Nuevo Leon and Queretaro, but also Jalisco, where the company was founded.http://www.maquilaportal.com/index.php?blog/show/Jalisco-company-will-assemble-airplanes.htmlhttp://www.elvigia.net/u/fotografias/fotosnoticias/2014/5/4/147183.jpg

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    Tech Mahindra, an India-based company provider of Information Technologies, connectivity and business solutions started operating in Mexico, since they are confident of this country’s economic growth, CP Gurnani, CEO, said.
    “We believe that Information Technologies market in Mexico will reach around US$20.4 billion by 2018 and it will generate many jobs”, Gurnani assured in a press conference.
    He also said that they see the structural reforms made here as an opportunity, and therefore Mexico will be among the six countries where the company will make the largest investments from the 51 where they operate, though he would not disclose any figures.
    He pointed-out that the company is interested on being Mexico’s trade partner and that they will focus on offering services to banks, manufacturing companies and telecommunications enterprises

    Company based in India sees a future for IT’s in Mexico - Maquila Portal
     
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    Officers from the Chinese buses assembler FAW Group (First Automotive Works) visited Governor Cesar Duarte yesterday to analyze the conditions to establish an assembly plant at the State of Chihuahua.
    “It is quite encouraging that FAW comes to Chihuahua, both Mexico and Chihuahua are living remarkable times, just like China with their leadership in the world. We are positive that materializing an investment and having a buses assembly plant here will be a great benefit for both countries”, Governor Duarte said.
    In a press release issued yesterday, the State Government informed that the governor spoke before officers from the Chinese company about the state’s experience in the automotive sector and its metal-mechanic culture, very important for this sector.

    Chinese company considering Chihuahua to install an assembly plant - Maquila Portal
     
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    tronador II Argentina has Chosen freedom

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    Mexican sports car company Mastretta hits problems
    Shareholder dispute forces the brothers who founded Mexico's first sports car firm to walk away, casting doubt over the future
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    The Mastretta MXT appeared at Autosport International in January 2013
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    by Matt Burt
    29 May 2014
    The future of Mexico's first sports car company, Mastretta, is under threat due to a dispute between the brothers who founded the firm and the investment company that was financially supporting it.
    In a statement issued earlier this week, Carlos and Daniel Mastretta said they had removed themselves from the company they founded in the 1980s.
    The dispute stems back to last year when the brothers sought additional funding to prepare a version of its Ford-engined MXT for testing for European Community Small Series Type Approval.
    In return for the new investment, Carlos and Daniel Mastretta agreed to not only have a reduced equity holding in the business, they ceded control to Latin Ideas Ventures (LIV) which installed its own chief executive.
    A statement said: "On 26 May, the brothers Carlos and Daniel Mastretta announced that they could no longer work with the company whilst under the control of their principal investment partner, Latin Ideas Ventures.
    "It is the contention of the Mastrettas that the new management team made poor strategic decisions, failed to achieve any of the agreed goals, and wasted valuable funds that should have been earmarked for development. It is also alleged that despite a contractual agreement being in place, investors have withheld the second instalment of funding.
    "Throughout the last 12 months, the Mastrettas maintain that they have repeatedly warned their board of the potential consequences of management policies, including delays to the approvals programme, but with no action being taken on either this, or the implementation of the subscription agreement, they felt that they had no other choice than to remove themselves from the business until their concerns are addressed."
    Steve Hindle, brand manager for Mastretta in Europe said: “It’s pretty clear from the tone of the statement that Carlos and Daniel reached the point of no-turning back."
    The Mastretta brothers are planning to appeal to the company's third shareholder – a Mexican government group – to mediate in the dispute.
    "If Mastretta Cars is to succeed, then there are going to have to be significant changes to the corporate structure in order that a platform for new investment can be created. Of course, it’s quite possible that Latin Ideas will attempt to continue without them, but a Mastretta without a Mastretta is not Mastretta," said Hindle.
    The MXT has been in gestation for some time. Autocar's Colin Goodwin sampled a Volkswagen-engined prototype in 2008, and a significantly revised Ford-powered machine appeared at Autosport International early in 2013.
    The latest plan was to launch the car in 2015, and install Ford’s 2.0-litre EcoBoost engine to replace the Ford 2.0-litre Duratec initially used with cars sold in Mexico.
     
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    The Mexican automotive brand Vuhl invest ten million dollars (mdd) for installation of a plant in Queretaro, which will begin operations at the end of the first half of 2015, the CEO of the company, William Echeverria said.

    In an interview with Excelsior, recalled that the vehicle was launched in July 2013 and sales took off earlier this year. Although declined to comment on the exact number of units sold, said they have a positive placement scale both in Mexico and England, markets that are present.

    "I think the first step we took in the market was well taken.

    Indeed, global car was received very well. "

    The Mexican market is one of those who want to attack, but obviously is a global product, so we have focused efforts on sales outside Mexico, where he received impressively, especially England, which is a niche market demanding ".

    They anticipate increased demand

    The manufacturing model, recalled, is carried out in Toluca, and the new complex Querétaro aims to meet the increase in sales than expected for the near future, the estimate also preferred reserved.

    "The idea of the plant in Queretaro is start producing at a higher rate and deliver the units to the various distributors worldwide, this way we will see a major change."

    Capital goods

    The investment for the new plant, explained will be used for the installation of production equipment, ie, the acquisition of machinery, scantlings and everything needed to assemble.

    In a first step, he said, 45 employees, which will have extensive training in aerospace, because the car is made entirely by hand will be hired.

    The executive said that in the case of the Toluca plant, said having a smaller size and its operation is handmade; its workforce is only ten people.

    "Compared with European brands, which are our competitors, some have seven employees and some assembly 100. We reach inside the numbers".

    Automotriz mexicana Vuhl invertirá 10 mdd en planta en Querétaro | Cluster Industrial


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    Monterrey
    Meanwhile Nuevo León achieve attract a shipping aircraft which occurs one hundred percent all components in the state, in Apodaca, the company Unmanned Systems Technology International (USTI), is making the first unmanned aircraft designed and assembled in Nuevo León whose initial estimated capacity is 20 units per year.

    This is the first drone designed, manufactured and assembled by Mexican engineers at the plant that has the Apodaca, Nuevo León.

    The company that is barely five years after starting operations has invested more than $ 5 million to enable the manufacture of the first drone, since between uses or applications are monitoring or information gathering requiring any industry as oil, agriculture, health, military, among other sectors.

    Mauricio Ramos Pons, company president, said they have invested more than $ 5 million for the production of the first Mexican drone and certified by the US Department of State for the import and use as raw material for aerospace grade carbon fiber used in the manufacture of the aircraft.

    As part of the annual general meeting and plenary Associates Aerospace Industry Federation (FEMIP), Rolando Zubirán Robert, head of the Ministry of Economic Development, said this is a sign of things to do in the aerospace and the state government priority now is to consolidate the sector.

    "The next big challenge for the Mexican industry transformation lies in aerospace, and how to consolidate this strategic sector that is highly specialized," he said.

    Mauricio Ramos Pons, President of USTI creators of the drone, said the ship has a range in transmission in direct line of 30-100 kilometers to send live information to the base; reaches 12,000 feet high and seven hours of flight using premium fuel.

    In the assembly of the FEMIP took office as President of the Federation for the period 2014-2106, Benito Gristzewsky Kriger, replacing Honc Vladimiro de la Mora.

    For his part, General Aviator Pilot Group Diploma of Staff Air, Rodolfo Rodríguez Quezada, announced the Aerospace Fair Mexico to perform at Saint Lucia Air Base in the State of Mexico on April 22, 2015.Fabrican el primer 'dron' diseñado y armado en NL - Grupo Milenio

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    Buenos Aires, 07/04/2015 - The Ministries of Defense of Brazil and Argentina signed joint statement starting talks to sell 24 Gripen NG for the Air Force of platinum country.

    The business forecast contained in the "Declaration for Democracy and Peace", signed by the minister Jaques Wagner and his Argentine pair, Agustín Rossi, after bilateral meeting on Tuesday (7), in the capital Argentina.

    In his first official trip abroad ahead of Defense, Jaques Wagner said the choice of Argentina as the first country to be visited by him and the strategic nature of the alliance with that country, as fundamental to the regional integration of South America. Minister said it was a political decision that serves the interest of strengthening partnership and cooperation in the defense field.

    Agustín Rossi already, and open negotiations for the purchase of 24 Gripen NG, also reiterated the intention platinum acquire six KC-390 cargo aircraft - Brazilian project that has the Argentines as partners in their development.

    The Gripen NG fighter, designed by the Swedish multinational SAAB, will be produced in Brazil. In October 2014, the Brazilian Air Force (FAB) signed a contract for the purchase of 36 aircraft - 28 single-seat units (for a pilot) and 8 seaters (for two crew members).

    DefesaNet - Brasil - Argentina - BR-AR - Brasil e Argentina assinam a “Declaração pela Democracia e a Paz” e iniciam negociações para a venda de caças Gripen NG
     
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    Mexican designed Pegasus by Oaxaca Aerospace

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    [​IMG]

    Learjet type commercial aircraft could be fully assembled in Baja California thanks to a US$300 million joint investment of the State’s Government and the Aerospace firm Spectrum. Francisco Arturo Vega de Lamadrid, the State's Governor, pointed out that the construction of a factory for airplanes manufacturing is projected and that Spectrum plans to set new facilities in the City of Mexicali. Once the investment of the company is confirmed, Baja California State's officers estimate that Spectrum will begin to settle in this North Mexico's region, during 2015-2016.New investment to boost Baja California’s aerospace manufacturing capabilities


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    The first business jet aircraft fully manufactured in Mexico will be lead by the US Company “Spectrum” in the Silicon Border Industrial Park located in Mexicali. Spectrum will invest 300 million dollars for the design, certification and production of the airplane model S-40, The Honorable Governor of Baja California Francisco Vega de Lamadrid announced via a press release.PIMSA – Industrial Developers » Baja California will manufacture the first business jet made in Mexico
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    Mexican designed UAVs by Aerovantech/dronetech





     
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    A family business Argentina sold US helicopter
    Cicaré SA, Saladillo, is the first Latin American company to export an Argentine helicopter to the United States. "It is a very important market opening and pride," said Fernando Cicaré holder.

    "The one that was exported is the Cicaré 7T, a helicopter two-seater tandem with room for two people, the pilot and passenger, equipped with a Rotax 914UL engine 115HP allowing it to operate with a maximum weight of 480 kilos," said Telam Cicaré from United States, where he participated in an exhibition at Oshkosh.

    The president said he is "proud" and "honor" to have exported the product as "entering the American market, which accounts for 40 percent of the world market, is extremely important."

    "We produce four models in Argentina, but could not bring them all, so we brought only 7T, which is exported. We appointed a distributor in the United States and could enter this market, which is the most sporting aviation has" he added.

    The company is named after its creator, Augusto Cicaré, father of Fernando and founder of the factory, specializing in the development and production of light helicopters for over 50 years.
    Augusto flew in 1958 its first helicopter, the CH-1, also becoming the first to do so in Latin America. He also was the world pioneer of ultra-light helicopters, as it produced in 1980 the Cicaré CH-4, one of the first ultra-light the world, and then the CH-6 and CH-7 models, recognized for its innovative system commands.

    In 1996 he invented the simulator-helicopter flight trainer Cicaré SVH-3, which was awarded gold medal as best invention in the world in the aircraft category in the Geneva, Switzerland, in 1999
    Una empresa familiar argentina vendió helicóptero a EEUU
     
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    Aerois Naviter license build the Cicare 7T, making this Spanish company a big success for Argentina`s Cicare, since it is build in Gipuzkoa, Spain, it is exporting from Europe the Cicare Helicopters, making it a tiny Embraer

     
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