Wednesday, July 15, 2015

Airbus Helicopters Eyes Big Indian Deals with New Joint Venture

Airbus Helicopters and Mahindra Defence Systems will create a joint venture to respond to India’s large potential requirements for military helicopters. The new partners said this will be the first private Indian helicopter manufacturer under the “Make in India” initiative. They are eyeing three particular requirements that could amount to more than 600 helicopters, although in two of the three cases, the Indian Ministry of Defence (MoD) has already chosen alternative suppliers to meet part of the need.

Mahindra is a vehicle and tractor maker with a defense business that supplies armored vehicles, radars and surveillance equipment to India’s armed forces. Its subsidiary Mahindra Aerospace recently bought GippsAero in Australia, maker of the Airvan 8 utility aircraft. “We have extensive expertise in engineering, automotive and fixed-wing sectors and have made substantial investments in aero components manufacturing, while Airbus Helicopters offers best-in-class rotorcraft platforms,” said S. P. Shukla, chairman of Mahindra Defence Systems.

“We have an unparalleled track record of successful collaborations with local partners across the world,” said Guillaume Faury, president and CEO of Airbus Helicopters. He said that the partners would develop “an indigenous industrial ecosystem” for helicopters based on his company’s “state-of-the-art, combat-proven platforms.”
15/07/15 Neelam Mathews/AIN Online
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