Brief by Shorts91 Newsdesk / 04:45am on 22 Jul 2024,Monday Business
Airbus has shortlisted eight locations for its first final assembly line (FAL) in India's private sector, set to produce H125 helicopters starting in 2026. Executive Vice President Olivier Michalon stated the final decision will be announced soon. Initially, the plant will produce ten helicopters annually, with plans to increase based on demand. The move follows Airbus' strategic partnership with Tata Group, aiming to meet the projected regional demand for 500 H125 helicopters over the next 20 years. The Indian FAL will handle major assembly, testing, and delivery, enhancing Airbus' presence in the Indian market.
