Airbus to increase its exports from India

In a significant move to bolster its supply chain, European aerospace giant Airbus has announced plans to ramp up component sourcing from India, tapping into the country’s vast opportunities. CEO Guillaume Faury emphasised the strategic importance of India within the Airbus supply chain, highlighting the company’s robust network of over 100 suppliers in the region. The Airbus CEO said that India could get a final assembly line for commercial aircraft (FAL) when it makes sense, exports of components and services from the country will keep growing along with the focus on expanding engineering, training, manufacturing and the soon-to-open two JVs – with Tatas FALs for H125 chopper and medium tactical transport aircraft C295. Faury, who also serves as Chairman of the French Aerospace Industries Association (GIFAS), noted that there are abundant prospects for collaboration between Indian and French aerospace companies, as per a report.