The Ministry of External Affairs hailed the C-295 aircraft deal between India and Spain, and said the entire ecosystem needed to manufacture and produce these aircraft is now being developed in India.
MEA Secretary West, Tanmaya Lal elaborated on the aircraft deal and highlighted that out of a total of 56 aircraft to be produced, 16 are being delivered directly by Airbus from Spain and the remaining 40 are to be made in India.
Prime Minister Narendra Modi and President of the Government of Spain, Pedro Sanchez, jointly inaugurated the TATA Aircraft Complex for manufacturing C-295 aircraft at TATA Advanced Systems Limited (TASL) Campus in Vadodara.
"The decision to acquire this aircraft (C-295) was taken a few years back in 2021. The arrangement between Tata Advanced Systems and Airbus Spain was reached under which a total of 56 aircraft were to be procured, 16 of these were to be procured in flyaway condition from Airbus Spain and the remaining 40 are to be made in India," Lal said at a press briefing on Monday.
"The first such aircraft was received last September when the chief of the Indian Air Force received the first aircraft". Lal also informed that the first Made in India aircraft is to be delivered within two years," he added.
The MEA Secy emphasised that the entire ecosystem of producing these components is taking place in India.
"And an important aspect is that the entire ecosystem for making and producing these components is being developed here in India," Lal said.
He further informed that Prime Minister Modi and President Sanchez held discussions on various aspects of the India-Spain relationship.
"An MoU on cooperation in Railways has been signed, which will look after the maintenance and safety and other training aspects. Many aspects of various, ranging from energy to transport to chemicals, pharmaceuticals and other sectors have been discussed," the MEA Secy noted.
Speaking on the growing trade between the two countries, Lal said, "It is very substantial now, USD 10 billion. Also, the investment by various companies in each other's countries is increasing. So the economic partnership is really going well."
Earlier on Monday, Prime Minister Narendra Modi said that Tata Aircraft Complex for manufacturing C-295 aircraft will strengthen India-Spain relations as well as 'Make in India, Make for the World' mission.
He said that the late Ratan Tata would have been happy with the inauguration of Tata Aircraft Complex for manufacturing C-295 aircraft.
He added that the C-295 aircraft factory reflects the new work culture of New India and highlighted the factory's potential to export aircraft globally, just like metro coaches manufactured in Vadodara are being exported to other countries.
A total of 56 aircraft are there under the C-295 programme, of which 16 are being delivered directly by Airbus from Spain and the remaining 40 are to be made in India. Tata Advanced Systems Ltd is responsible for making these 40 aircrafts in India. This facility will be the first private sector Final Assembly Line (FAL) for military aircraft in India.
Prime Minister Modi and the Spanish President witnessed cultural performances and greeted people during their roadshow in Vadodara.
During their bilateral talks at the Laxmi Vilas Palace in Vadodara, the two leaders discussed a wide range of topics, including trade, defence, and technology collaboration. The two leaders shared lunch at the palace, which was constructed in the late 19th century by Maharaja Sayajirao Gaekwad III, the former ruler of Baroda.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
)