India’s Mahindra and Three Others Sign Deal with Airbus to Manufacture Crucial Components | Oneindia - video Dailymotion

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Airbus, a leading aerospace company, has inked significant contracts with Indian manufacturers Mahindra Aerospace, Aequs, Dynamatic, and Gardner for supplying components for Airbus A320neo, A330neo, and A350 aircraft. These agreements bolster India's aerospace sector and align with the "Make in India" initiative, showcasing Airbus' commitment to the country's growth. The company plans to expand its presence in India, recognizing the nation's potential as a thriving market.    #Airbus #Makeinindia #AnandMahindra #mahindra #news #updates #Indianews #OneIndia #OneIndianews                  ~HT.99~ED.101~

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00:00 Airbus, a global leader in aerospace, has been actively participating in India's Make

00:06 in India initiative, contributing to the country's growth as a manufacturing hub for aerospace

00:11 components and systems.

00:13 The company has established a strong presence in India, with manufacturing facilities, engineering

00:18 centres and a supply network spread across the country.

00:21 Airbus' commitment to Make in India is evident in its partnership with Indian companies.

00:26 Now, in a big addition, Airbus has reportedly signed a new contract with four Indian manufacturing

00:31 giants.

00:32 According to reports, Airbus has signed three gigantic contracts for airplane components

00:37 with Mahindra Aerospace, Akers, Dynamatic and Gardner for massive component manufacturing.

00:44 According to a press release by Airbus, agreements have been reached for the supply of airframe

00:48 and wing parts of Airbus A320neo, A330neo and A350.

00:54 According to Airbus, these contracts will facilitate the global expansion of commercial

00:58 aircraft programs.

00:59 Additionally, it will improve India's aviation ecosystem's capacity and capability across

01:04 multiple technologies including sheet metal, machining and extrusion profiles.

01:10 For the unaware, Airbus has been actively engaging in establishing strong presence within

01:14 India.

01:15 It has been actively contributing to the growth of the country's aerospace manufacturing

01:19 sector.

01:20 One of Airbus' key contributions has been establishing its engineering centre in Bengaluru

01:25 in 2007.

01:26 This centre with over 700 engineers provides expertise in various domains including flight

01:31 physics, airframe systems and flight tests.

01:35 The company has also partnered with Indian suppliers including Tata Advanced Systems

01:39 to manufacture aircraft components.

01:42 However, the launch of Made in India signalled a dramatic shift in Airbus' Indian growth.

01:48 Airbus and Tata Advanced Systems inked a contract in 2016 to produce bulk cargo doze for A320neo

01:54 family.

01:55 An important advancement in India's capacity for aerospace manufacturing was this agreement.

02:00 To further strengthen the supply chain, now Airbus and Mahindra Aerospace have partnered

02:04 with the production of Aelo structures.

02:07 Airbus plans to increase its presence within India particularly through Made in India initiative

02:11 as it views the country as a robust market with a promising future.

02:15 END

India’s Mahindra and Three Others Sign Deal with Airbus to Manufacture Crucial Components | Oneindia

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