Tata, Airbus grab Rs 22,000-cr project to make C-295 aircraft in Gujarat

Prime Minister Narendra Modi will lay the foundation stone on Sunday for a plant in Vadodara that will manufacture the C-295 transport aircraft. This contract is expected to support the development of India’s aerospace ecosystem, bringing investment and 15,000 skilled direct jobs and 10,000 indirect positions over the coming decade, according to Airbus officials.

The Ministry of Defence (MoD) on Thursday announced it had, for the first time, entrusted a private firm — Tata Advanced Systems (TASL) — to manufacture an entire aircraft for the military.

On September 24, 2021, MoD had signed a Rs 21,935 crore contract with Airbus