Wings India 2024: The Ministry of Civil Aviation in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI) organized a curtain raiser ahead of Wings India 2024. Ministry of Civil Aviation (MoCA), Airport Authority of India (AAI) and Federation of Indian Chambers of Commerce and Industry (FICCI) are organizing the upcoming edition of ‘Wings India 2024’.The Asia’s largest commercial, general, and business aviation event to be held in January 2024 at Begumpet Airport, Hyderabad, India.
Federation of Indian Chambers of Commerce and Industry (FICCI):It was established in 1927 as non-government, not-for-profit organization.It is the largest and oldest apex business organisation in India.It serves its members from the Indian private and public corporate sectors and multinational companies.It is the voice of India’s business and industry.
Vaghsheer: INS Vagsheer (S26) is the sixth submarine of the first batch of six Kalvari-class submarines for the Indian Navy.It is named after the sand fish, a deadly deep-sea predator of the Indian Ocean. It is designed by French naval defence and energy group Naval Group and manufactured by Mazagon Dock Limited.It is designed to operate in all theatres of operation, showcasing interoperability with other components of a Naval Task Force.
Kalvari-class submarines: The Kalvari class is a class of diesel-electric attack submarines based on the Scorpène-class submarine being built for the Indian Navy. The submarines are designed by French naval defence and energy company DCNS and are being manufactured by Mazagon Dock Limited in Mumbai.It has been constructed with technology transfer from French firm Naval Groupunder a programme called Project 75.The state-of-the-art technology used in Scorpene-class has superior stealth features such as advanced acoustic silencing techniques, low radiated noise levels and ability to launch crippling attacks with precision-guided weapons on board.They can attack through launching the torpedoes and anti-ship missiles while underwater or on the surface.
European Bank for Reconstruction and Development (EBRD): It is an international financial institution with the mandate to promote transition towards a sustainable, open market economy and to foster innovation.The EBRD was created in April 1991 to help Eastern European and ex-Soviet countries transitioning into democracies by developing free-market economies after the fall of communism.Headquarters: London
It provides project financing mainly for private enterprises, usually together with other commercial lending partners, in countries that are committed to, and apply, democratic principles. It also works with public partners to support privatisation, restructuring and improvement of municipal services.It prioritizes support for countries in Central and West Asia, and North Africa.It focuses on advancing developmental goals in finance and policy reform.
The organization also promotes environmentally sustainable development and gender equality and promises to be fully transparent.Membership: It is publicly owned by shareholders in 69 countries. India became the EBRD’s 69th shareholder when it joined the Bank in July 2018.
