Ready to manufacture in India, says Airbus

Aircraft maker discloses plans to increase Indian outsourcing to $2 billion

Narendra Modi
Prime Minister Narendra Modi (left) at the Airbus facility in Toulouse, France, on Saturday
Press Trust Of India Toulouse (France)
Last Updated : Apr 11 2015 | 11:20 PM IST
Prime Minister Narendra Modi on Saturday received a boost to his 'Make in India' initiative, with aircraft manufacturer Airbus saying it was keen to manufacture in India and disclosing plans to raise its Indian outsourcing to $2 billion.

Accompanied by French Foreign Minister Laurent Fabius, Modi arrived here in Air India One and headed straight to the facility of Airbus, one of the two major global aircraft manufacturers, where he was taken on a tour of the plant.

"We are honoured to host Prime Minister Modi in Toulouse and convey to him our desire to forge a stronger industrial bond with India. India already takes a centre stage in our international activities and we want to increase its contribution to our products," said Airbus Group CEO Tom Enders, who received the Indian leader.

"We support Prime Minister Modi's 'Make in India' call and are ready to manufacture in India, for India and the world," he added.

External affairs ministry spokesperson Syed Akbaruddin tweeted, "500 per cent increase in 5 years. @Airbus to PM @narendramodi: Indian outsourcing to increase from $400 million to $2 billion."

In India, Airbus Group operates an engineering centre focused on civil aviation and another on defence, besides, a research and technology centre. The group's representatives conveyed their decision to expand these centres so that the company could take on comprehensive design responsibilities for Airbus group programmes.

The prime minister was given a tour of the Airbus A380 final assembly line. Currently, four A380 flights serve India daily.

"Much larger markets are waiting to be tapped. The potential for the A380 to help Indian carriers win greater multinational market share with a flagship aircraft is enormous," said an Airbus release. The group was willing to set up final assembly lines, supply chains and related infrastructure for military transport aircraft and helicopters in India, the release added.

On the second day of his visit to France, Modi became the first Indian prime minister to visit the World War I memorial in the northern city of Lille, where he paid homage to 10,000 Indian soldiers who died fighting Germany in 1914-18.

Laying a wreath at the martyr's memorial, Modi spent about 50 minutes, as several Indians present raised slogans of "Vande Mataram".

After the tour of the memorial, Modi wrote on the visitors' book, "Either being slain you will attain the heavenly world or by gaining victory, you will enjoy the earth. I am honoured to pay homage to the Indian soldiers here at the Indian memorial at Neuve-Chapelle.

"I would like to express my gratitude to the Common-wealth War Graves Commission for the excellent care and maintenance of this monument dedicated to Indian soldiers. I also thank the government of France for the conduct of this solemn ceremony."
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 11 2015 | 11:20 PM IST

Next Story