Sunday, April 12, 2015

Indian outsourcing to rise from $400mn in 5 years: Airbus

Expressing support to Make in India initiative, aircraft manufacturer Airbus said on Saturday it was ready to manufacture in India, as Prime Minister Narendra Modi visited its facility. Airbus assured Modi that its Indian outsourcing will increase from $400 million to $2 billion over the next five years, as part of the Indian government's Make in India initiative.

Modi took the tour of the facility where planes are manufactured and was given a briefing by officials. Airbus Group CEO Tom Enders, who received Modi, said: "We are honoured to host PM Modi in Toulouse and convey to him our desire to forge a stronger industrial bond with India. India already takes a centre-stage role in our international activities and we want to even increase its contribution to our products." In India, Airbus Group already operates two engineering centres — one focused on civil aviation and the other one defence — besides, a research and technology (R&T) centre, which together employ over 400 highly qualified people.

The group's senior representative conveyed their decision to expand these centres so that they can take on comprehensive design responsibilities for future Airbus group programmes.
12/04/15 Ahmedabad Mirror
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