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Airbus Helicopters and Mahindra Defence ink pact for JV

Both companies are proposing to set-up a final assembly line in India and develop tier-1 & tier-2 suppliers, with the intent to ultimately achieve 50 percent indigenous content

BS B2B Bureau  |  Chandigarh 

Officials of Airbus Helicopters and Mahindra Defence sign the JV pact
Officials of Airbus Helicopters and Mahindra Defence sign the JV pact

Representatives of (a division of Group) and have signed a statement of intent on January 24, 2016 - in the presence of Prime Minister and the visiting French President - for producing military in India. This follows a memorandum of understanding (MoU) signed by the two companies last July to form a joint venture as a part of the 'Make in India' initiative.
 
“Through this partnership, we target building several of our globally leading helicopter models in India. This will lead to the transfer of state-of-the-art technologies, development of manufacturing activities and creation of high-skilled jobs in India,” said Guillaume Faury, president & CEO,
 
and have already initiated industrial relationship to produce helicopter parts locally and are defining additional work packages to be industrialised in India which would facilitate the required rapid ramp-up in the case of a programme award to the joint venture. Simultaneously, both sides are evaluating potential industrial sites and are screening the existing local supply chain, while moving ahead with the setting up of the joint venture.
 
"We have made significant progress in setting up the joint venture and together the companies are creating a world class advanced helicopter production facility in India,” said S P Shukla, group president, Aerospace and Defence, Mahindra & Mahindra Ltd.
 
The companies are proposing to set-up a final assembly line in India, develop tier-1 and tier-2 suppliers and make extensive transfer of technology, with the intent to ultimately achieve 50 percent indigenous content.
 
and have agreed on a blueprint that can put India on the world map for military helicopter manufacturing,” said Pierre de Bausset, president of Group India.
 
Devendra Bhatnagar, CEO Naval Systems, added, “The we are proposing are of proven designs. We are laying the groundwork with the objective to ramp-up quickly.”

First Published: Mon, January 25 2016. 16:40 IST
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Airbus Helicopters and Mahindra Defence ink pact for JV

Both companies are proposing to set-up a final assembly line in India and develop tier-1 & tier-2 suppliers, with the intent to ultimately achieve 50 percent indigenous content

Both companies are proposing to set-up a final assembly line in India and develop tier-1 & tier-2 suppliers, with the intent to ultimately achieve 50 percent indigenous content Representatives of (a division of Group) and have signed a statement of intent on January 24, 2016 - in the presence of Prime Minister and the visiting French President - for producing military in India. This follows a memorandum of understanding (MoU) signed by the two companies last July to form a joint venture as a part of the 'Make in India' initiative.
 
“Through this partnership, we target building several of our globally leading helicopter models in India. This will lead to the transfer of state-of-the-art technologies, development of manufacturing activities and creation of high-skilled jobs in India,” said Guillaume Faury, president & CEO,
 
and have already initiated industrial relationship to produce helicopter parts locally and are defining additional work packages to be industrialised in India which would facilitate the required rapid ramp-up in the case of a programme award to the joint venture. Simultaneously, both sides are evaluating potential industrial sites and are screening the existing local supply chain, while moving ahead with the setting up of the joint venture.
 
"We have made significant progress in setting up the joint venture and together the companies are creating a world class advanced helicopter production facility in India,” said S P Shukla, group president, Aerospace and Defence, Mahindra & Mahindra Ltd.
 
The companies are proposing to set-up a final assembly line in India, develop tier-1 and tier-2 suppliers and make extensive transfer of technology, with the intent to ultimately achieve 50 percent indigenous content.
 
and have agreed on a blueprint that can put India on the world map for military helicopter manufacturing,” said Pierre de Bausset, president of Group India.
 
Devendra Bhatnagar, CEO Naval Systems, added, “The we are proposing are of proven designs. We are laying the groundwork with the objective to ramp-up quickly.”
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Airbus Helicopters and Mahindra Defence ink pact for JV

Both companies are proposing to set-up a final assembly line in India and develop tier-1 & tier-2 suppliers, with the intent to ultimately achieve 50 percent indigenous content

Representatives of (a division of Group) and have signed a statement of intent on January 24, 2016 - in the presence of Prime Minister and the visiting French President - for producing military in India. This follows a memorandum of understanding (MoU) signed by the two companies last July to form a joint venture as a part of the 'Make in India' initiative.
 
“Through this partnership, we target building several of our globally leading helicopter models in India. This will lead to the transfer of state-of-the-art technologies, development of manufacturing activities and creation of high-skilled jobs in India,” said Guillaume Faury, president & CEO,
 
and have already initiated industrial relationship to produce helicopter parts locally and are defining additional work packages to be industrialised in India which would facilitate the required rapid ramp-up in the case of a programme award to the joint venture. Simultaneously, both sides are evaluating potential industrial sites and are screening the existing local supply chain, while moving ahead with the setting up of the joint venture.
 
"We have made significant progress in setting up the joint venture and together the companies are creating a world class advanced helicopter production facility in India,” said S P Shukla, group president, Aerospace and Defence, Mahindra & Mahindra Ltd.
 
The companies are proposing to set-up a final assembly line in India, develop tier-1 and tier-2 suppliers and make extensive transfer of technology, with the intent to ultimately achieve 50 percent indigenous content.
 
and have agreed on a blueprint that can put India on the world map for military helicopter manufacturing,” said Pierre de Bausset, president of Group India.
 
Devendra Bhatnagar, CEO Naval Systems, added, “The we are proposing are of proven designs. We are laying the groundwork with the objective to ramp-up quickly.”

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