Order value wasn’t disclosed but Airbus India MD says company sources components & services worth $750 mn from India every year and plans to take it to $1.5 bn over next few years.
Airbus says it will take at least 24 months for final assembly line to be set up & deliveries of ‘1st Made in India H125s’ are expected to commence in 2026
BEIJING (Reuters) - Airbus has unveiled its first global aircraft recycling project in aviation hub Chengdu in southwest China, state-run Xinhua news agency reported on Thursday. The Airbus Lifecycle
At a time when IAF plans to replace even AN-32s, procurement of C295s is likely to come in handy because of load-carrying capacity & its ability to take off on shorter airstrip.
The C295 has a rear ramp for loading and unloading & can carry up to nine tonnes of payload, or as many as 71 troops, at a maximum cruise speed of about 480 km.
The Indian budget carrier placed a record order for 500 narrowbody jets from Airbus recently, while it already has 480 carriers in store from previous orders.
India also in talks with Airbus to set up maintenance, repair & overhaul hub for C-295 aircraft, which are operated by a number of countries, including UAE, Philippines, Thailand.
Airbus officially booked orders for 500 jets from budget carrier IndiGo and 250 from Air India that were announced or finalised at last month's Paris Airshow.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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