Chicago based aircraft maker, Boeing is expanding its research center in Bangalore and is also considering investing in Indian companies manufacturing aeronautical components, with a view to bolstering its supply chain. “[The] investment environment in India is improving. Given that background, we are open to making equity investments,” said Pratyush...
Airbus Partners with India’s TASL to Build Transport Aircraft in India
In a historic decision taken by the Defense Acquisition Council, Tata Advanced Systems Ltd. (TASL) will partner with Airbus in a $2 billion deal to manufacture the C-295 transport aircraft that will replace the aging Avro transport planes. This decision is expected to pave the way for the establishment of...