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Mumbai: Tata Indica, the <keyword id="19924335" type="General" weightage="20" keywordseo="Tata-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Group" meta.hostid="261" meta.entityid="Tata Group">Tata Group</keyword>'s big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the <keyword id="19906967" type="General" weightage="20" keywordseo="Tata-Motors" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Motors" meta.hostid="261" meta.entityid="Tata Motors">Tata Motors</keyword> brass, led by <keyword id="19981455" type="General" weightage="100" keywordseo="Ratan-Tata" source="keywords">Ratan Tata</keyword>, acceded to a meeting request from <keyword id="23121503" type="General" weightage="20" keywordseo="Ford-Motors" source="keywords" meta.keywordsubtype="org" meta.entityname="Ford Motors" meta.hostid="261" meta.entityid="Ford Motors">Ford Motors</keyword> for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks. During the meeting at the Tata headquarters, the American company evinced interest in buying out the business after the not-so-warm response to the hatchback car for over a year since launch. Soon, top Tata officials, led by Ratan Tata, went to the US for a further meeting, which lasted about three hours. According to a person who attended the meeting, officials from Ford "humiliated" the visiting Indians at the meeting in Detroit. "You do not know anything, why did you start the passenger car division at all," the Ford officials told their guests, and spoke about doing a favour to the Indian company by buying out the latter's business. The team decided to return to India immediately after the meeting, which was described as "humiliating" by the person present. On the 90-minute flight taking them back to New York, a sombre Ratan Tata spoke very few words. "This was in 1999 and come 2008, the same Ford's <keyword id="19916884" type="General" weightage="20" keywordseo="JLR" source="keywords">JLR</keyword> was bought by us. Ford chairman Bill Ford thanked Tata, saying, 'You are doing us a big favour by buying JLR'," Pravin Kadle, a long-time group veteran, had recounted during a public event a few years ago. In 2008, the Tata Group bought the iconic brands from making sedans and sports utility vehicles in a USD 2.23-billion deal from Ford. Post-acquisition, the Tata Group has scripted one of the most fabulous turnarounds in the auto industry and has been able to position the marquee British brands as formidable entities in the fiercely competitive global car market. Even as Tata Motors has come a long way and gained market share in India, it continues to earn a significant part of its revenues from the JLR.

The Tata way of paying back humiliation: doing the 'favour' of 'buying out'

<ul><li>The <keyword id="22500787" type="General" weightage="20" keywordseo="Motorola-Edge-50-Neo" source="Orion">Motorola Edge 50 Neo</keyword> mid-range smartphone has been launched in India.</li><li>The device is priced at ₹23,999 and is available in one variant.</li><li>Here’s everything you need to know about the latest mid-range smartphone from Motorola.</li></ul>Motorola has launched its latest mid-range smartphone in its Edge series, dubbed the Motorola Edge 50 Neo in India. It is the successor of the Motorola Edge 40 Neo that was launched in 2023. The Motorola Edge 50 Neo, has received several upgrades over its predecessor, including a revamped design, new UI, better durability and more. <h2>Motorola Edge 50 Neo price and availability</h2>The Motorola Edge 50 Neo has been priced at ₹23,999 for the single 8GB RAM + 256GB storage variant. The device comes in four Pantone colour options – Poinciana, Latte, Grisaille and Blue. The device will go on sale from Flipkart, Motorola Online Store and the company’s authorised retail stores nationwide from September 24. <div type="Article" hostid="261" msid="111165774" title="Motorola Edge 50 Pro review – a feature-packed smartphone with good design" mstype="2" mssubtype="0"></div> <h2>Motorola Edge 50 Neo specifications</h2>The Motorola Edge 50 Neo runs on Android 14 out of the box with the company’s new Hello UI. The smartphone will get five years of Android updates and security updates. It features a 6.4-inch 1.5K 120Hz pOLED display with Corning Gorilla Glass 3 protection. The smartphone is powered by the MediaTek Dimensity 7300 chipset. It is available in only one variant for now, offering variants – 8GB RAM and 256GB of internal storage. Coming to the camera department, the Motorola Edge 50 Neo is equipped with a triple camera setup at the back consisting of a 50MP primary camera with LYTIA 700C sensor with OIS, a 13MP ultra-wide-angle camera and a 10MP telephoto camera with 3x optical zoom. The Motorola Edge 50 Neo is powered by a 4,310mAh battery and comes with 68W fast charging support and 15W wireless charging support. The device comes with IP68 water and dust resistance and has MIL-STD 810H certification. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/xiaomi-and-samsung-accused-of-colluding-with-amazon-and-flipkart/articleshow/113381204.cms">Xiaomi and Samsung accused of colluding with Amazon and Flipkart</a> <a href="https://www.businessinsider.in/business/auto/news/ford-is-returning-to-india-expresses-intent-to-restart-its-tamil-nadu-plant-for-exports/articleshow/113317956.cms">Ford is returning to India, expresses intent to restart its Tamil Nadu plant for exports</a> <a href="https://www.businessinsider.in/tech/mobile/news/iphone-16-pro-iphone-16-pro-max-india-price-specifications/articleshow/113204340.cms">iPhone 16 Pro and iPhone 16 Pro Max with bigger displays, A18 Pro chipset launched starting at ₹1,19,900</a>

Motorola Edge 50 Neo with Dimensity 7300, 50MP camera launched in India

<ul><li>Smartphone makers and e-commerce players have come under the scanner of CCI.</li><li>Smartphone makers have been accused of colluding with <keyword id="19904608" type="General" weightage="20" keywordseo="Amazon" source="keywords" meta.keywordsubtype="org" meta.entityname="Amazon" meta.hostid="261" meta.entityid="Amazon">Amazon</keyword> and <keyword id="19896939" type="General" weightage="20" keywordseo="Flipkart" source="keywords" meta.keywordsubtype="org" meta.entityname="Flipkart" meta.hostid="261" meta.entityid="Flipkart">Flipkart</keyword>.</li><li><keyword id="23184977" type="General" weightage="20" keywordseo="exclusive-launches" source="keywords">Exclusive launches</keyword> and steep discounting are among the practices being investigated.</li></ul>The <keyword id="19895221" type="General" weightage="20" keywordseo="Competition-Commission-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Competition Commission of India" meta.hostid="261" meta.entityid="Competition Commission of India">Competition Commission of India</keyword> (CCI), the antitrust watchdog in the country has reportedly accused smartphone makers such as <keyword id="19901379" type="General" weightage="100" keywordseo="Xiaomi" source="keywords" meta.keywordsubtype="org" meta.entityname="Xiaomi" meta.hostid="261" meta.entityid="Xiaomi">Xiaomi</keyword> and <keyword id="19897758" type="General" weightage="20" keywordseo="Samsung" source="keywords" meta.keywordsubtype="org" meta.entityname="Samsung" meta.hostid="261" meta.entityid="Samsung">Samsung</keyword> of colluding with e-commerce players Amazon and Flipkart. According to a <a href="https://www.reuters.com/world/india/india-accuses-samsung-xiaomi-colluding-with-amazon-flipkart-2024-09-14/">report </a>by Reuters, smartphone makers have been accused of colluding with e-commerce players to launch products on their platforms exclusively. The smartphone makers have also been accused of violating competition laws by giving preference to select sellers, prioritising listings, steeply discounting products and more. <h2>CCI submits report on Amazon and Flipkart</h2>The CCI has reportedly submitted a 1,027-page report on Amazon which has accused Samsung, Xiaomi, OnePlus, Motorola and Realme of being “involved in the practise of exclusive phone launches” and “colluding” with Amazon, breaking competition law. Similarly, the watchdog has submitted a 1,696-page report on Flipkart that has accused Samsung, Xiaomi, Lenovo, Motorola and Vivo of “colluding”. "Exclusivity in business is anathema” CCI's additional director general G.V. Siva Prasad said, as per the report. “Not only is it against free and fair competition but also against the interest of consumers," Prasad added. While the e-commerce giants Amazon and Flipkart reportedly downplayed the practice of launching “exclusive” smartphones, the practice was found to be “rampant” during the investigation. India’s e-commerce market is expected to grow from $57 billion in 2023 to over $160 billion in 2028. Smartphone maker Vivo currently has a market share of 19% in smartphone shipments, followed by Samsung and Xiaomi, which have a combined market share of over 35%. As per a recent <a href="https://www.businessinsider.in/tech/mobile/news/indian-smartphone-market-records-7-2-growth-in-the-first-half-of-2024-vivo-leads-the-market-in-q2/articleshow/112629172.cms">report</a> by the International Data Corporation, the shipments to online channels grew by 8% year-on-year to reach 50% in Q2 2024, up from 47% in Q2 2023. As per the report, the exclusive launches pushed customers towards these online platforms and harmed small retailers. The investigation stems from a complaint lodged by the Confederation of All India Traders (<keyword id="20143308" type="General" weightage="20" keywordseo="CAIT" source="keywords">CAIT</keyword>) in 2020. The traders body, which has over 80 million members had accused the smartphone makers and e-commerce players of disadvantaging offline retailers and favouring online exclusive launches. We should know more about the investigation and its impact on smartphone makers, e-commerce players and the future of exclusive launches in the coming weeks. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/ford-is-returning-to-india-expresses-intent-to-restart-its-tamil-nadu-plant-for-exports/articleshow/113317956.cms">Ford is returning to India, expresses intent to restart its Tamil Nadu plant for exports</a> <a href="https://www.businessinsider.in/stock-market/webstories/western-carriers-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/113312196.cms">Western Carriers IPO – Price band to risk factors, all you need to know</a> <a href="https://www.businessinsider.in/tech/mobile/news/iphone-16-pro-is-already-cheaper-than-the-iphone-15-pro-in-india-but-you-can-get-it-for-up-to-30000-cheaper/articleshow/113220789.cms">iPhone 16 Pro is already cheaper than the iPhone 15 Pro in India, but you can get it for up to ₹30,000 cheaper</a>

Xiaomi and Samsung accused of colluding with Amazon and Flipkart

The US-based car maker <keyword id="65908" type="General" weightage="50" keywordseo="ford-motor" source="Orion">Ford Motor</keyword> has reportedly confirmed that it is laying off roughly 3,000 employees and contract workers, with the cuts primarily affecting staff in the US, Canada and <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword>. According to The <keyword id="6384660" type="General" weightage="50" keywordseo="wall-street-journal" source="Orion">Wall Street Journal</keyword>, <keyword id="6355174" type="General" weightage="100" keywordseo="ford" source="Orion">Ford</keyword> sent an internal email to employees, saying it would begin notifying affected salaried and agency workers this week of the cuts. About 2,000 of the targeted cuts will be salaried jobs at Dearborn, Michigan. The remaining 1,000 employees are working in contract positions with outside agencies, the company said. The email, signed by Executive Chairman Bill Ford and Chief Executive <keyword id="315785" type="General" weightage="50" keywordseo="jim-farley" source="Orion">Jim Farley</keyword>, said Ford is changing the way it operates and redeploying resources as it embraces new technologies that were not previously core to its operations, such as developing advanced software for its vehicles. The job cuts are effective September 1, a spokesman said. Farley has said recently that Ford has too many employees, and that the existing workforce doesn't have the expertise needed to transition to a portfolio of electric, software-laden vehicles. He has said he aims to cut $3 billion in annual costs by 2026 to reach a 10 per cent pretax profit margin by then, up from 7.3 per cent last year. Several media outlets reported in July that layoffs were coming for white-collar staff as part of a broader restructuring to sharpen the car company's focus on electric vehicles and the batteries that power them. SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/this-iitian-conceived-a-new-musical-instrument-noori-on-a-train-journey/articleshow/93722102.cms">This IITian conceived a new musical instrument, Noori, on a train journey</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/stock-up-for-upcoming-festive-season-retail-body-tells-traders/articleshow/93721698.cms">Stock up for upcoming festive season, retail body tells traders</a>

Ford confirms that it's laying off 3,000 people in US and India: report

<keyword id="106216" type="General" weightage="100" keywordseo="ford-india" source="Orion">Ford India</keyword> Private Ltd, which is shutting down its plant near here, has arrived at a final severance package settlement with the workers union, the company said on Wednesday. According to Ford <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>, as per the agreed settlement, it will revise the final severance settlement to an average equivalent of 140 days of gross wages per completed year of service from the ongoing offer of 130 days. An additional one-time lump sum of Rs 1.5 lakh will also be included in the final settlement. The cumulative severance for each employee will range from a minimum amount of Rs 34.5 lakh and a maximum cap of Rs 86.5 lakh. "The revised settlement will translate to an average of about 5.1 years/62 months of salary for each employee (from a minimum of 3.9 years i.e., 47 months to a maximum of 8.7 years i.e., 105 months)," Ford India said. The formal settlement agreement is planned to be executed before the end of September. The company will notify employees of the next steps and looks forward to completing the exit formalities by September 30, and will continue paying wages to all employees till the date to support the exit formalities. In September 2021, Ford India announced its decision to wind down vehicle assembly in Gujarat's Sanand by the fourth quarter of 2021, and vehicle and engine manufacturing in <keyword id="12864" type="General" weightage="50" keywordseo="chennai" source="Orion">Chennai</keyword> by the second quarter of 2022. Ford India had set up four plants in the country -- vehicle and engine plants in Chennai and Sanand. The company sold its Gujarat facility for Rs 725.70 crore to <keyword id="15050921" type="General" weightage="50" keywordseo="tata-passenger-electric" source="Orion">Tata Passenger Electric</keyword> Mobility Ltd. The plant in Sanand includes the entire land and buildings, the vehicle manufacturing plant, along with its machinery and equipment, and transfer of all eligible employees of Ford India's vehicle manufacturing operations. Ford India will continue to operate its powertrain manufacturing facility by leasing back the land and buildings of the powertrain manufacturing plant from Tata Passenger Electric. Tata Passenger Electric has agreed to offer employment to the eligible employees of Ford India's powertrain unit when the latter stops such operations. SEE ALSO : <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/the-adani-effect-ambuja-cements-rallies-40-in-one-month-analysts-suggest-good-days-ahead-for-the-cement-industry/articleshow/94366341.cms">The Adani effect: Ambuja Cements rallies 40% in one month – analysts suggest good days ahead for the cement industry</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/markets-pare-losses-as-fed-rate-hike-of-75-bps-is-in-line-with-expectations/articleshow/94365544.cms">Markets pare losses as Fed rate hike of 75 bps is in line with expectations</a>

Ford India finalises severance package with workers at Chennai plant

<ul><li><keyword id="781" type="General" weightage="100" keywordseo="agarwal" source="Orion">Agarwal</keyword> donated the award money to a Canadian health charity working for the welfare of native Indians.</li><li>The mining tycoon lauded the achievements of the 1.6 million-strong Indo-Canadian community.</li><li>He said India and Canada have many similarities and they complement each other in many fields.</li></ul> <keyword id="28423" type="General" weightage="50" keywordseo="vedanta" source="Orion">Vedanta</keyword> founder Anil Agarwal was honoured with the Global Indian Award worth $50,000 by the Canada-India Foundation at its 15th annual gala here at the weekend. Agarwal donated the award money to a Canadian health charity working for the welfare of native Indians. Accepting the award at a star-studded gala event that included <keyword id="179419" type="General" weightage="50" keywordseo="ontario" source="Orion">Ontario</keyword> Premier <keyword id="275133" type="General" weightage="50" keywordseo="doug-ford" source="Orion">Doug Ford</keyword>, ministers and Indian consul general Apoorva Srivastava, the mining tycoon lauded the achievements of the 1.6 million-strong Indo-Canadian community in this country. "I have gone all over the world, but I have not seen the kind of bonding in the Indian diaspora anywhere that I see in Canada. Take your businesses to the skies and make Canada proud. You live in the best country in the world," Agarwal said. He said India and Canada have many similarities and they complement each other in many fields. "Together, the two countries can do phenomenal work." The Vedanta founder said India has been a poor country. "But the time has reversed. The $3-trillion economy is going to be a $30 trillion economy in the coming years. The middle class that is 20 per cent today is going to be 80 per cent in the next six-seven years. We are going to build 150 big cities in India. Indians may be 20 years behind Canada in terms of lifestyle, but their aspirations are so high that with a population of 1.4 billion you can just imagine the (sheer amount of) demand." Ontario Premier Doug Ford praised the Indian tycoon for this charity. "I cannot think of any more deserving person (for the award) than Anil Agarwal whose generosity has improved the lives of so many people. You are a role model and an inspiration, Anil," the Ontario Premier said. Welcoming Agarwal to the gala event, <keyword id="154015" type="General" weightage="50" keywordseo="canada-india-foundation" source="Orion">Canada India Foundation</keyword> chairman <keyword id="321083" type="General" weightage="50" keywordseo="satish-thakkar" source="Orion">Satish Thakkar</keyword> said, "Mr Agarwal's life story is one that should inspire every youngster growing up, to dream big and persevere to fulfill the dream. As a person who has pledged to give 75 percent of his wealth to charity, Mr. Agarwal is also a philanthropic role model for all. On behalf of CIF and all present, I extend a very very very warm welcome to Mr Agarwal." <keyword id="6360722" type="General" weightage="50" keywordseo="ratan-tata" source="Orion">Ratan Tata</keyword>, Dr A.P.J. <keyword id="5141" type="General" weightage="50" keywordseo="abdul-kalam" source="Orion">Abdul Kalam</keyword> and <keyword id="57060" type="General" weightage="50" keywordseo="deepak-chopra" source="Orion">Deepak Chopra</keyword> among the past recipients of the Global Indian Award started by this premier Indo-Canadian organization in 2007. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/appointment-on-compassionate-ground-concession-not-a-right-sc/articleshow/94615988.cms">Appointment on compassionate ground concession not a right: SC</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/seven-assembly-bypolls-in-six-states-on-nov-3-ec/articleshow/94615301.cms">Seven assembly bypolls in six states on Nov 3: EC</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/jiobook-a-4g-enabled-budget-laptop-is-expected-to-launch-soon-at-15000/articleshow/94613338.cms">JioBook, a 4G-enabled budget laptop is expected to launch soon at ₹15,000</a>

Vedanta founder Anil Agarwal honoured with Global Indian Award in Canada

Automobile maker Tata Motors' subsidiary Tata Passenger Electric Mobility on Monday signed a tripartite Memorandum of Understanding (MoU) with <keyword id="106216" type="General" weightage="20" keywordseo="ford-india" source="Orion">Ford India</keyword> and the government of Gujarat for takeover of Ford's passenger vehicle manufacturing facility at Sanand. The MoU included land and buildings; vehicle manufacturing plant; machinery and equipment; and besides transfer of all eligible employees of Ford India's Sanand's vehicle manufacturing operations, subject to the signing of definitive agreements and receipt of relevant approvals, the automaker said in a regulatory filing. The Ford India vehicle manufacturing site at Sanand is a state-of-the-art site. Tata Motors' arm would invest into new machinery and equipment which is necessary to commission and make the unit ready to produce its vehicles. With the proposed investments, it would establish an installed capacity of 300,000 units per annum, which would be scalable to more than 400,000 units, the filing said, adding it would take a few months time. Notably, the unit is adjacent to the existing manufacturing facility of Tata Motors Passenger Vehicles at Sanand, which it believes will help in a smooth transition. "Tata Motors has had a strong presence in Gujarat for more than a decade with its own manufacturing facility at Sanand. This MoU further reinforces our commitment to the state by creating more employment and business opportunities. Rising customer preference for passenger and electric vehicles made by Tata Motors has led to a multi-fold growth for the company over the past few years," said Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility. This potential transaction will support expansion of capacity, thus securing future growth and opportunity to further strengthen the company's position in the passenger and electric vehicles space, Chandra said. The MoU will be followed by signing of the definitive transaction agreements between Tata Motors' arm and Ford India over the next few weeks, the filing added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="http://www.businessinsider.in/business/corporates/news/nykaa-to-face-competitive-heat-but-its-omni-channel-experience-maybe-the-game-changer/articleshow/91883946.cms">Nykaa to face competitive heat but its omni-channel experience maybe the game changer</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="http://www.businessinsider.in/business/news/here-are-the-top-highest-paid-ceos-in-2021-in-the-world/slidelist/91884815.cms">Top 10 highest paid CEOs in the world – Elon Musk, Tim Cook, Satya Nadella and more</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="http://www.businessinsider.in/finance/banks/news/citi-kotak-icici-and-other-investment-banks-earned-2600-crore-through-ipos-last-year/articleshow/91887303.cms">Indian companies raised $14 billion via IPOs and their i-bankers made $300 million in fees</a>

Tata Motors to acquire Ford's manufacturing unit in Gujarat

<ul class="summary-list"><li>"We will not stop at that (three carriers)," India's defense minister recently said.</li><li>Five or six aircraft carriers would give India a force equal to that of China.</li></ul>India may build a fleet of five to six new aircraft carriers, according to a comment from the country's defense minister that's been widely debated about whether that's a good strategy or if the offhand remark was even serious.The Indian Navy operates two small aircraft carriers. Four more would give India a carrier force on par with China's growing one. And it would not be much smaller — at least in number of vessels — than the US Navy's 11 supercarriers.But whether this ambitious shipbuilding project will happen is another matter. Many Indian experts are convinced it's a bad idea.Exactly what the Indian government is thinking isn't clear. During an <a target="_blank" href="https://www.tribuneindia.com/news/india/work-on-third-aircraft-carrier-to-start-soon-more-to-follow-says-rajnath-621319">interview</a> with an Indian newspaper regarding plans to construct a third aircraft carrier, Defense Minister Rajnath Singh said India would build yet more. "We will not stop at that (three carriers)," he said. "We will make five, six more."Some Indian experts aren't sure the government is even serious about this. The defense minister "seemingly made an off-the-cuff remark that was picked up by the media," Abhijit Singh, a former Indian naval officer and now an analyst at the Observer Research Foundation think tank in New Delhi, told Business Insider. "He was only trying to dispel suggestions that the government is resistant to a proposal for a third aircraft carrier."Nonetheless, there are compelling reasons why India might want a large carrier fleet. India's rival China now has three carriers, including the newly launched 80,000-ton <a target="_blank" href="https://www.businessinsider.com/chinas-newest-aircraft-carrier-seen-with-aircraft-mock-ups-images-2024-4">Fujian</a>, and may aim for a fleet of six carriers by 2035. China — which <a target="_blank" href="https://www.businessinsider.com/chinese-troops-beat-indian-soldiers-batons-wrapped-in-barbed-wire-2020-6">fought</a> border clashes with India in the <a target="_blank" href="https://www.businessinsider.com/after-himalayan-clash-india-prepares-navy-to-take-on-china-2021-6">Himalayas</a> in 2020 — is beginning to project its power into the <a target="_blank" href="https://warontherocks.com/2024/05/its-still-the-indian-ocean-parsing-sino-indian-naval-competition-where-it-counts/">Indian Ocean</a>, which is India's maritime backyard."It is expected that the Chinese will permanently station one of its CBGs [carrier battle groups] in the Indian Ocean, supported by its various bases in Djibouti (on the western edge of the Indian Ocean), <a target="_blank" href="https://www.businessinsider.com/rapid-construction-at-cambodia-base-amid-concern-about-china-presence-2021-6">Ream in Cambodia</a> (on the eastern edge of the Indian Ocean), and Gwadar in Pakistan, Hambantota in Sri Lanka, and Kyaukpyu in Myanmar," warned India's <a target="_blank" href="https://swarajyamag.com/defence/countering-chinas-expansion-india-to-build-five-to-six-more-aircraft-carriers-in-future-defence-minister-rajnath-singh">Swarajya</a> magazine.Interestingly, Swarajya magazine also suggested that carriers could project Indian power into the South China Sea, which is China's maritime backyard. Indian warships have periodically sailed in those waters.<div type="image" title="A view from the sloped bow of the INS Vikrant that carries MiG-29K fighter jets." height="1333" width="2000" msid="110619274" hostid="261" sizebytes="239670"></div>India has two carriers of around 45,000 tons each: the Vikramaditya (a refurbished former Soviet vessel) and the Vikrant, India's first home-built carrier. Both are <a target="_blank" href="https://interestingengineering.com/lists/ski-jumps-catapults-aircraft-carrier">ski-jump</a> designs that launch the troubled Soviet-era MiG-29K under its own power because it lacks catapults. Despite early speculation that the proposed third carrier would be a 65,000-ton ski-jump design similar to Britain's <a target="_blank" href="https://www.businessinsider.com/uks-flagship-carrier-embarrassing-setback-pulls-out-big-nato-exercise-2024-2">Queen Elizabeth-class</a>, the Indian government appears to be opting for a <a target="_blank" href="https://www.newsweek.com/india-third-aircraft-carrier-china-indian-pacific-ocean-region-1847935">45,000-ton vessel</a> similar to the Vikrant, and carrying French-made <a target="_blank" href="https://www.businessinsider.com/frances-rafale-fighter-jet-popular-dassault-cant-keep-up-2024-3">Rafale fighters</a>.This means that Indian carriers would continue to be less than half the size of the 100,000-ton, nuclear-powered US Nimitz- and Ford-class behemoths, which are equipped with steam or electromagnetic catapults that can launch heavier planes, especially airborne early warning aircraft; China's Fujian also uses an advanced electromagnetic catapult. They would also be less expensive, with the third Indian carrier estimated at around $5 billion, compared to $13 billion for a Ford-class carrier.In fact, some Indian naval experts would prefer a larger carrier equipped with catapults. "Small aircraft carriers, like those India possesses, are increasingly vulnerable and unlikely to play a significant role in future conflicts," Singh, the defense analyst, said. "Unfortunately, the country lacks the funding for a large carrier and can only afford another small flattop. This presents a predicament with no easy solutions."On the other hand, there is a reason why America builds enormously expensive aircraft carriers. Its global interests arguably require the ability to dispatch and maintain floating airfields around the world, often in distant places where airbases aren't available. For India and China, which have a more regional focus, smaller vessels may suffice.For India, carriers are more than floating airfields. They are symbols of national power. Thus regardless of their military utility against a powerful adversary like China, carriers would enable India support other operations, such as humanitarian, peacekeeping and anti-piracy missions."The consensus among India's maritime observers is that the aircraft carrier remains central to maritime strategy, not just for its ability to dominate the littoral but also for its crucial peacetime role," said Abhijit Singh. "In less-than-war situations, the flattop can shift the psychological balance in ways no other naval platform can. Despite its drawbacks, the aircraft carrier's aura and impact in peacetime operations are unmatched."Michael Peck is a defense writer whose work has appeared in Forbes, Defense News, Foreign Policy magazine, and other publications. He holds an MA in political science from Rutgers Univ. Follow him on <a target="_blank" href="https://www.twitter.com/@mipeck1">Twitter</a> and <a target="_blank" href="https://www.linkedin.com/in/mipeck/">LinkedIn</a>.

A bizarre comment stirred speculation India may try to match China's carrier fleet 

<a href="http://www.businessinsider.in/planning-to-buy-aford-get-ready-to-pay-more/articleshow/57837741.cms">Ford India</a> has launched the <keyword id="6356028" type="COMPANY" weightage="100" keywordseo="Sports">sports</keyword> editions of its popular models <a href="http://www.businessinsider.in/transportation/cars/Aspire-and-Figo-price-cut/articleshow/53631067.cms">Figo and Aspire</a> with a range of design and performance enhancements. While <keyword id="4425826" type="UNKNOWN" weightage="100" keywordseo="figo-sports">Figo Sports</keyword> diesel is priced at Rs 7.21 lakh, the petrol version would cost Rs 6.31 lakh (all prices ex-showroom Delhi). Also read: <a href="http://www.businessinsider.in/Ford-to-come-out-with-a-driverless-car-by-2021/articleshow/53735723.cms">Five more years and Ford would come out with a driverless car</a> On the other hand, <keyword id="4425827" type="UNKNOWN" weightage="100" keywordseo="aspire-sports">Aspire Sports</keyword> 1.5 diesel Titanium version is priced at Rs 7.6 lakh, while for 1.2 petrol Titanium, it costs Rs 6.5 lakh. "The launch of Sports editions is yet another stride in our commitment to introduce products that customers want and value and will help us further strengthen our position in the segment and industry at large," said <keyword id="285113" type="PERSON" weightage="100" keywordseo="Anurag-Mehrotra">Anurag Mehrotra</keyword>, <a href="http://www.businessinsider.in/transportation/cars/ford-silently-increased-prices-of-endeavour-by-rs-2-85-lakh/articleshow/56809668.cms">Ford India</a> ED for Marketing, Sales &amp; Service. Also read: <a href="http://www.businessinsider.in/Ford-launches-Ford-EcoSport-BlackEdition-in-India/articleshow/52236123.cms">Ford launches Ford EcoSport Black Edition in India</a> Talking of the features, the new versions have been studded with bigger and wider 15-inch alloy wheels, dual front driver and passenger airbags, along with ABS and EBD as standard. (Image source AutoSite India)

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