Wednesday, September 15, 2021

Indian Aerospace Sector Excited About the Tata-Airbus Project

On the 7th of September, the Indian aerospace industry experienced what can be termed, ‘a major shift/advancement’ as the Cabinet Committee on Security (CCS) cleared the acquisition of 56 C-295MW medium transport aircraft from Airbus Defence and Space, Spain for the Indian Air Force (IAF), in a deal worth $2.5-3 billion. 

The committee chaired by Prime Minister Narendra Modi signed off on the deal which has been pending for close to a decade. This project becomes the first in India in which a military aircraft is manufactured in the private sector. 

Out of the 56 aircrafts to be manufactured, 16 would be delivered in flyaway condition from Spain within 48 months of signing the contract. The other 40 will be built in India by Tata Aerospace and Defence (Tata A & D) within 10 years of contract signature. 

8 from the 40 C-295MW’s will be produced from semi-knocked down (SKD) kits and another 8 will be from completely knocked down (CKD) kits. The remaining 24 are to be built in India by Tata A&D, incrementally indigenizing the assemblies and sub-assemblies which may be a challenge for the European Airbus. 

This means that all of the 56 aircraft will be installed with indigenous Electronic Warfare Suite. Airbus is therefore meant to buy eligible products and services from Indian offset partners. While Airbus has been in the country for close to 50 years, this is its first contract with Defence.

“The Tata-airbus project will give a boost to the aerospace ecosystem in India wherein several MSMEs spread over the country will be involved in manufacturing of parts of the aircraft. The C-295 aircraft can even find some buyers in the civil aviation market at a later stage,” said an official.

14/09/21 GetNews/Digital Journal

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