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Adani Group and Brazilian major Embraer on Tuesday announced a strategic collaboration that aims to have a final assembly for regional transport aircraft in India. India is one of the world's fastest growing civil aviation markets and the partnership will look to help enhance air connectivity to Tier 2 and 3 cities. The partnership was announced at a function at the civil aviation ministry in the national capital on Tuesday. Civil Aviation Secretary Samir Kumar Sinha said the collaboration is not just about assembling a regional aircraft but also about progressive technology transfer, skilling, having robust supply chain as well as making India a trusted manufacturing hub for regional aircraft. Adani Defence & Aerospace Director Jeet Adani said with the Embraer collaboration, a regional aircraft manufacturing facility will be set up in India. Embraer makes commercial jets with up to 150 seats. With the partnership, Adani Group, which already has a good presence in the fast-growin
Brazilian aircraft maker Embraer sees a good opportunity to partner with India to develop a strong aerospace industry in both the countries by synergising their strengths, company President and CEO Francisco Gomes Neto said on Friday. The challenges in the global supply chain brought by the pandemic also brings about opportunities to develop new partnerships in order to develop resilience, he said while speaking at a panel discussion at the B20 Summit India 2023. "India has a very competitive labour cost. India has the availability of engineering, design, (and) technical expertise, and we from Embraer, we have knowledge and experience to develop, certify and manufacture aircraft. So it seems to be a good opportunity to have collaboration," Neto said. He further said, "I'm sure we can bring both things together, create a strong aerospace industry on both sides." Neto stressed that there are a lot of opportunities among the G20 nations for collaboration but it should be "more effecti