Adani Group, Embraer to make regional transport aircraft in India
Embraer makes commercial jets with up to 150 seats.
PTI
New Delhi, 27 Jan
Adani Group and Brazilian major Embraer on Tuesday announced a strategic collaboration that aims to have a final assembly for regional transport aircraft in India.
India is one of the world's fastest-growing civil aviation markets, and the partnership
will look to help enhance air connectivity to Tier 2 and 3 cities.
The
partnership was announced at a function at the civil aviation ministry in the
national capital on Tuesday.
Civil Aviation Secretary Samir Kumar Sinha said the collaboration is not just about
assembling a regional aircraft but also about progressive technology transfer,
skilling, having a robust supply chain, as well as making India a trusted
manufacturing hub for regional aircraft.
Adani
Defence & Aerospace Director Jeet Adani said that with the Embraer
collaboration, a regional aircraft manufacturing facility will be set up in
India.
Embraer
makes commercial jets with up to 150 seats.
With the
partnership, Adani Group, which already has a good presence in the fast-growing
Indian aviation space, will be making its foray into building aircraft in
India.
The two
companies will also set up a Final Assembly Line (FAL) for regional transport
aircraft in the country.
Adani
Defence & Aerospace President & CEO Ashish Rajvanshi said the
collaboration is a "watershed" in Aatma Nirbharata (self-reliance) of
the country.
The
venture with the Adani Group will be a major fillip for the Brazilian major in
India's civil aviation space where it aims to provide cost-competitiveness with
its regional jets.
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