Airbus to increase Indian outsourcing to USD 2 billion
During his visit, the Prime Minister was briefed by Airbus officials on the functioning
France: French aerospace major Airbus, on Saturday said it would increase its Indian outsourcing to USD 2 billion as it expressed keenness to manufacture in India when Prime Minister Narendra Modi visited its facility in France.
Modi toured the facility where planes are manufactured. He was given a briefing by officials on the functioning.
Airbus Group CEO Tom Enders, who received the Indian leader, said: "We are honoured to host Prime Minister Modi in Toulouse and convey to him our desire to forge a stronger industrial bond with India. India already takes a centre-stage role in our international activities and we want to even increase its contribution to our products."
"We support Prime Minister Modi's 'Make in India' call and (we) are ready to manufacture in India, for India and the world," he added.
Perspective of @airbus's approach to PM @narendramodi's Make in India plans. pic.twitter.com/SncPbgzhz1
— Syed Akbaruddin (@MEAIndia) April 11, 2015500% increase in 5 years. @Airbus to PM @narendramodi : Indian outsourcing to increase from $400 mil to $2 billion pic.twitter.com/cn0fc4Kb1N
— Syed Akbaruddin (@MEAIndia) April 11, 2015Make in India gains further momentum. $2 billion cumulative outsourcing planned by @Airbus from India by 2020. pic.twitter.com/0PcsRjMtaW
— Syed Akbaruddin (@MEAIndia) April 11, 2015In India, Airbus Group already operates two engineering centres - one focused on civil aviation and the other one defence - besides, a research and technology (R&T) centre which together employ over 400 highly qualified people.
The group's senior representative conveyed their decision to expand these centres so that they can take on comprehensive design responsibilities for future Airbus group programmes.