European aerospace major Airbus has signed agreements with multiple Indian companies for manufacturing of components for commercial aircraft. The companies include Aequs, Dynamatic, Gardner and Mahindra Aerospace.
The latest contracts follow the allocation of the A320neo family cargo and bulk cargo doors manufacturing to Tata Advanced Systems earlier this year.
The recently-signed contracts will support the ramp-up of Airbus’ commercial aircraft programmes globally, while strengthening capability and capacity in the aviation ecosystem of India across multiple technologies, including sheet metal, machining and extrusion profiles, said Airbus.
“Make in India is at the core of Airbus’ strategy in India. We are proud that we are putting in place all the critical building blocks for an integrated industrial ecosystem that will propel India into the front ranks of aerospace manufacturing nations,” said Rémi Maillard, president and managing director, Airbus India and South Asia. “Airbus already procures components and services worth $750 million every year from India, and the latest round of contracts will add significantly to those volumes. Today, every Airbus commercial aircraft has components and technologies that are made in India. Together with its supply chain, Airbus supports nearly 10,000 jobs in India. By 2025, this number should rise to about 15,000,” the company said.
The latest contracts follow the allocation of the A320neo family cargo and bulk cargo doors manufacturing to Tata Advanced Systems earlier this year.
The recently-signed contracts will support the ramp-up of Airbus’ commercial aircraft programmes globally, while strengthening capability and capacity in the aviation ecosystem of India across multiple technologies, including sheet metal, machining and extrusion profiles, said Airbus.
“Make in India is at the core of Airbus’ strategy in India. We are proud that we are putting in place all the critical building blocks for an integrated industrial ecosystem that will propel India into the front ranks of aerospace manufacturing nations,” said Rémi Maillard, president and managing director, Airbus India and South Asia. “Airbus already procures components and services worth $750 million every year from India, and the latest round of contracts will add significantly to those volumes. Today, every Airbus commercial aircraft has components and technologies that are made in India. Together with its supply chain, Airbus supports nearly 10,000 jobs in India. By 2025, this number should rise to about 15,000,” the company said.
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