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Mahindra Defence and Airbus sign initial deal to manufacture helicopters in India

 
Airbus helicopters India DefExpo

Mahindra Defence Systems Limited and Airbus Helicopters have inked a deal for the production of military helicopters in India.

As a part of the ‘Make in India’ initiative, Mahindra Defence and Airbus Helicopters have entered into an agreement to produce helicopters in India for the Indian defence sector. Both companies have signed a Statement of Intent, which was overseen by both PM Narendra Modi and French President François Hollande.

The alliance that would put India on the world map for manufacturing helicopters, has seen both companies steering ahead in the identification of potential industrial sites. The companies are also going forth in recognizing local supply chain of Tier I and Tire II suppliers and setting forth the process of work packages which would be transferred to India.

Indian PM Narendra Modi and French President François Hollande after their meeting where the Mahindra Defence and Airbus deal was signed.

Indian PM Narendra Modi and French President François Hollande after their meeting where the Mahindra Defence and Airbus deal was signed.

The production of military helicopters in India is a part of the ‘Make in India’ initiative and will see over 50% indigenous content. Targeting the military hardware market which is set to grow to $41 billion over the next 7 years, Mahindra Defence Systems Limited along with Airbus Helicopters will see the production of various globally leading models being produced in India while Airbus Helicopters will also transfer exclusive technologies and development of manufacturing activities to the country. It will also initiate the creation of highly skilled jobs in India.

Besides Mahindra Defence and Airbus Helicopters tie-up, US helicopter maker Sikorsky Aircraft Corp. along with Tata Advanced Systems Ltd will also be producing S-92 helicopter cabins at their manufacturing facility in Hyderabad.

via livemint

 

About the author

Pearl Daniels

Pearl Daniels

Former freelance writer, Pearl Daniels is in the auto industry since 2011, having established herself as a widely read staff writer since 2013. Her keen eye for industry news, daily need to break down latest events, and quest to not miss a single launch detail, gives you the most refreshing morning news on weekdays.

Email - pearl@rushlane.com