Airbus plans manufacturing base in India

Airbus plans manufacturing base in India

Airbus plans manufacturing base in India

New Delhi: European aircraft manufacturer Airbus Industrie on Tuesday said it plans to have a manufacturing base in India in the next three-four years following a strong presence in areas such as engineering, research, design and training.
The airplane maker said that it is bullish on the emerging market like India and see a double-digit growth in the region in the long-run.
“We will continue to grow our supply base in India with focus on six key areas which include engineering and design. Airbus currently employs 200 highly-skilled at its design centre in Bangalore. The headcount will double to 400 in the next few years,” Airbus executive vice president and head of strategy and future programs Christian Scherer said.
Airbus expects an expenditure of about $ 1 billion in India over the next 10 years provided it gets right partners and right projects. As part of its globalisation plan, the company plans to build up to 20% of aero-structures and 30% of engineering sub- contracting offshore by 2020.
Airbus currently has an order book of 347 aircraft from Indian airlines. In spite of the turbulence in the aviation sector, the company has maintained its earlier forecast and said that India would require 992 aircraft till 2026. Out of these nearly 60 would be large-size jets like A380.
24/03/09 Nirbhay Kumar/Economic Times

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~ by anand213 on March 25, 2009.

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