In order to introduce the C-390 Millennium military transport aircraft in India, Mahindra Group said on 17 October that it has signed an agreement with Embraer Defence & Security. The Mumbai-based Mahindra Group said in a statement that it has inked a historic strategic collaboration agreement (SCA) with Embraer Defence & Security to advance the C-390 Millennium solution for the Indian Air Force’s Medium Transport Aircraft (MTA) programme.
Alongside the opening of Embraer’s national office in Aerocity, New Delhi, this deal was signed. The agreement expands the area of cooperation to include collaborative marketing, industrialisation, and establishing India as a C-390 Millennium hub, building on the memorandum of understanding signed in February 2024 at the Brazilian Embassy in New Delhi.
Mahindra’s Contract with Embraer
In order to find potential for local manufacturing, assembly facilities, supply chains, and maintenance and repair (MRO) activities, Mahindra Group and Embraer will collaborate closely with Indian stakeholders and interact with the country’s military and aerospace ecosystem, the company said in a press release. According to the statement, the long-term goal is to establish India as a centre for C-390 Millennium aircraft manufacturing and maintenance, meeting both local and regional needs.
By strengthening Mahindra’s partnership with Embraer, the two companies will make sure that the C-390 Millennium for the IAF’s MTA campaign not only supports India’s security and aspirations but also the ‘Make in India’ philosophy and promotes self-reliance, according to Vinod Sahay, Member of the Group Executive Board at Mahindra Group. The number of C-390 Millennium aircraft operating worldwide has grown even more since this recent agreement was signed.
Capabilities and User Base of Embraer’s C-390 Millennium
With the flexibility, adaptability, and performance to meet India’s strategic goals, the C-390 Millennium has already been chosen by air forces in Brazil, Portugal, Hungary, the Netherlands, Austria, South Korea, the Czech Republic, Sweden, Slovakia, and Lithuania, as well as an unidentified customer. India’s aerospace industry is world-class and vibrant, according to Bosco da Costa Junior, President & CEO of Embraer Defence & Security.
The alliance intends to provide the Indian Air Force with the most cutting-edge and dependable military transport solution. “This partnership reflects Embraer’s dedication to ‘Atmanirbhar Bharat’ and the growing friendship between two major economies, Brazil and India,” he continued, adding that it goes beyond just an aerospace agreement. In order to find local manufacturing, assembly, and supply chain capabilities, the alliance would interact with India’s aerospace ecosystem.
Quick Shots
•Mahindra
Group signs a SCA with Embraer Defence & Security to bring C-390
Millennium military transport aircraft to India.
•The
partnership supports the IAF’s Medium Transport Aircraft (MTA) programme.
•Embraer
opens its national office in Aerocity, New Delhi alongside the agreement.
•Collaboration
includes marketing, industrialisation, manufacturing, assembly, supply chain,
and MRO activities in India.
Bharat Electronics Limited (BEL) and Larsen & Toubro (L&T) have partnered strategically to support the Indian Air Force’s Advanced Medium Combat Aircraft (AMCA) development.
The consortium intends to respond to the Government of India’s (GoI) Aeronautical Development Agency’s notice of expression of interest within the next few weeks. In order to jointly contribute to India’s fifth-generation fighter aircraft, the alliance will make use of BEL’s experience in defence electronics and systems and L&T’s proficiency in creating strategic defence and aerospace platforms.
In keeping with the GoI’s goal of an Atmanirbhar Bharat, the partnership represents a critical turning point in the development of India’s defence capabilities. According to a statement from L&T, the alliance aims to provide a state-of-the-art, superior solution by fusing the strengths of the two top defence technology suppliers.
L&T and BEL Playing Strong on Defence Indigenisation
L&T and BEL had already contributed significantly to India’s domestic Light Combat Aircraft programme by creating mission-critical avionics and electronic systems and supplying significant aerostructure modules.
The consortium will build on this history by contributing demonstrated knowledge and a dedication to providing the Indian Air Force with top-notch defence and aerospace platforms on schedule.
The cooperation with BEL represents a major step forward in L&T’s dedication to modernising India’s defence capabilities, according to remarks made by S N Subrahmanyan, chairman and managing director of L&T. It is a privilege for L&T and BEL to collaborate on providing the Indian Air Force with cutting-edge technologies. As leaders in their fields, the two organisations’ combined efforts will be vital to strengthening national security and promoting defence technology self-reliance.
India’s expanding defensive technology capabilities are exemplified by the AMCA project. In order to achieve this goal, BEL’s partnership with L&T is essential.
Manoj Jain, the chairman and managing director of BEL, went on to explain that working with L&T is an essential step in achieving this goal. With BEL’s defensive electronics experience and L&T’s engineering and systems integration skills, the companies are sure to provide the Indian Air Force with a top-notch solution that will last for many years.
Quick
Shots
•The consortium will respond to ADA’s
Expression of Interest (EoI) in the coming weeks.
•Collaboration leverages BEL’s
expertise in defence electronics and L&T’s strength in aerospace and
strategic defence platforms.
•Partnership aligns with the
‘Atmanirbhar Bharat’ vision for defence indigenisation.
•Both companies have previously
contributed to India’s Light Combat Aircraft (LCA) programme.
•The alliance aims to deliver
advanced, high-quality solutions to the Indian Air Force on time.
Possession of land has always been and continues to be, viewed as an indication of social status and authority. The pursuit of more territory has been the cause of numerous conflicts and the downfall of many empires throughout history. On the one hand, land has been vital to human advancement since it has been utilized to construct homes, houses of worship, and institutions like schools and factories. Conversely, this highly sought-after organization has been the subject of several scandals, frauds, and property disputes. With a total area of almost 32,87,590 square kilometers, land becomes even more important in a nation like India. The most land owned in India belongs to the government, followed by major entities like the Indian Railways and large corporate groups.
The fundamental inquiry is whether there is sufficient land to accommodate all individuals or even a single individual. It seems not.
Here is a list of the biggest landowners in India, ranked by size and assumed worth, to give you a general impression.
The Indian government owns more land than any other entity in the nation. Over fifty-one Union Ministries and eleven hundred and sixty-six public sector firms in India have disclosed ownership of at least 15,531 square kilometers of land to the Government Land Information System (GLIS) website as of February 11, 2021. Land ownership rights, geo-positioning maps, and total land area can be found in the GLIS, a centralized database system developed by the Ministry of Electronics and Information Technology and administered by the Prime Minister’s Office. The government of India is the largest land owner in India as it owns most land in the country.
Indian Armed Forces
Landowner
Indian Armed Forces
Total Land Ownership
17.99 lakh acres (approx 7280.29 sq km)
Biggest Landowners in India – Indian Armed Forces
According to the Directorate General of Defence Estates, the Ministry of Defence owns 17.99 lakh acres making it one of the biggest land owners in India. Curiously, just 1.61 lakh acres of land can be found within the 62 cantonments that have been notified making it one of the biggest land holders in India. Including difficult terrains, the remaining 16.38 lakh acres are distributed among 4900 pockets across India. Sites such as field fire ranges, training areas, and defense establishments are located outside of cantonments.
As of March 31, 2022, the Indian Railways owns a total of 4.86 lakh hectares of land. The Northeast Frontier Railway zone, which is headquartered in Assam and spans certain districts of eastern Bihar and northern West Bengal, has the greatest landholding at 48,357.51 hectares. Northern Railways and Southeastern Railways follow with 44,005.53 and 42,850.92 hectares, respectively and are among the top 3 landholders in India.
Church Properties
Landowner
Catholic Church
Total Land Ownership
17.29 crore acres
Biggest Landowners in India – Church Properties
Among the biggest non-governmental landowners in India, the Catholic Church is a prominent figure. The church acquired territory mostly through the Indian Churches Act of 1927, which transferred land for the propagation of Christianity. It functions through a network of trusts and charity societies. Seven crore hectares, or 17.29 crore acres, of land in India is supposedly owned by the Catholic Church which makes it one of the highest landowners in India. Churches, universities, and schools sit on these pieces of land, which are worth an estimated Rs 20,000 crore altogether and is one of the top 5 largest land owner in India.
The Waqf Act of 1954 established independent agencies called Waqf boards to oversee Muslim-owned properties. Muslims make up a significant religious minority. Muslim kings typically donated or built these sites, which include madrasas, graveyards, graves, and mosques. Owning about 610,000 immovable properties throughout multiple states in India, Waqf Properties are said to be worth lakhs of crores of rupees, yet the state has no say in how they are managed. With a holdings of almost 6 lakh acres, Waqf Properties are the third-biggest landowner in India.
Godrej & Boyce’s nationwide land holdings remain a mystery, yet the Group is thought to possess over 3,400 acres in Vikhroli, a suburb of Mumbai located in the eastern part of the country. The 14 business divisions of unlisted Godrej & Boyce, which generated INR 14,573.9 crore in sales in FY23, encompass consumer appliances, storage and security solutions, electrical and electric motors, and more. Its production facilities are located in four different Indian states: Gujarat, Uttarakhand, Punjab, Tamil Nadu, and Maharashtra. A statement from Crisil, a rating agency, states that the business earned approximately INR 300 crore in rent in 2023 from the leasing of its commercial real estate. Godrej properties is said to one of the largest land owners in India.
When Chaudhary Raghvendra Singh established DLF in 1946, he began by establishing 22 urban colonies in Delhi. When the firm first set up shop in the relatively uncharted area of Gurugram in 1985, it was to provide first-rate housing and office facilities for the emerging class of Indian global professionals. Across 15 states and 24 cities, DLF manages residential, commercial, and retail properties, making it the largest publicly listed real estate company in India today. DLF’s net profit recently increased 27% year-on-year to INR 655.71 crore, thanks to stronger income and fewer expenses.
L&T Realty
Landowner
L&T Realty
Founder
Anupam Kumar (CEO and MD)
Founded
2007
Website
lntrealty.com
Products
Residential buildings, Commercial Complex, Township, Retail
Biggest Landowners in India – L&T Realty
Among the real estate developers in India, L&T Realty is a trendsetter and was established in 2011. It is the real estate part of Larsen and Toubro, which is a $33 billion company. The company is currently active in Mumbai, Navi Mumbai, the National Capital Region (NCR), Bengaluru, Hyderabad, and Chennai. Its broad portfolio encompasses residential, commercial, and retail developments that total 6.50 million square meters, which is equivalent to 70 million square feet. It is one of the India’s biggest landowners.
Indiabulls Real Estate
Landowner
Indiabulls Real Estate
Founder
Sameer Gehlaut
Founded
2006
Website
indiabullsrealestate.com
Products
Residential, Commercial, SEZ Projects
Biggest Landowners in India – Indiabulls Real Estate Limited
One of the major real estate businesses in India, Indiabulls Real Estate Limited has a well-diversified presence in residential real estate development across the spectrum, from inexpensive to mid-income to premium to super-luxury space. In addition to having 17 ongoing projects with a total saleable area of 12.4 million square feet, the company is one of the largest real estate companies in the world. As of the 31st of March in 2023, the company had a gross development value of Rs 30,130 crore and a net worth of Rs 6,740.23 crore. Additionally, it is currently in the process of constructing a commercial complex that will have a leasable area of 25.5 million square feet. In addition, the company owns a land bank that spans 1,846 acres and 1,424 acres of special economic zone property in Nasik, which is located in the state of Maharashtra.
In addition to the National Capital Region, Prestige Group has a presence in cities such as Bengaluru, Chennai, Hyderabad, Mangaluru, Kochi, Kozhikode, Goa, Ooty, Mumbai, and Pune. The company was established in 2016. To date, the group has completed around 288 real estate projects, which encompass a total area of approximately 172 million square feet, and is now one of the biggest landowners in India. These projects include residential developments, such as apartment complexes, row houses, and villas, as well as commercial developments, such as offices, technological parks, special economic zones plotted development, retail, and hospitality. There are currently 56 existing projects totaling around 86 million square feet that are in various phases of development, and there are 43 forthcoming projects that will span approximately 45 million square feet combined.
Conclusion
India’s land resources are at the center of the issues that it will face in the future. From the Land Governance Assessment report published by the World Bank, it is anticipated that by the year 2030, India will require between 4 and 8 million hectares of land solely for residential use. As a result of this increased demand, agricultural land may be subjected to substantial pressure, which may result in social dislocation, food insecurity, inequality, environmental problems, and possibly even violence. Even though the land ecosystem is still being shaped by both government and non-governmental organizations, it is necessary to implement sustainable land management methods to strike a balance between development, environmental preservation, and social fairness.
The Indian government owns more land than any other entity in the nation. Over fifty-one Union Ministries and eleven hundred and sixty-six public sector firms in India have disclosed ownership of at least 15,531 square kilometers of land to the Government Land Information System (GLIS) website as of February 11, 2021.
What are the major products of Indiabulls Real Estate?
The major products of Indiabulls Real Estate include Residential, Commercial, and Special Economic Zone projects.
Who owns most land in India after government?
Indian Armed Forces, Indian Railways, Church Properties, Waqf Properties, Godrej Properties, DLF, L&T Realty own most land in India after government.
