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Airbus, Mahindra JV to make choppers in India

Both companies will now get into discussions to finalise the formation of the joint venture which will act as the prime contractor for India’s military helicopter tenders.

By: Express News Service | New Delhi | Published: July 4, 2015 3:02 am
Airbus, Mahindra JV, Indian Air force, IAF choppers, IAF helicopters, Mahindra Defence, defence helicopters, India news, Defence news, latest news, business news, top stories Both companies will now get into discussions to finalise the formation of the joint venture which will act as the prime contractor for India’s military helicopter tenders. (Picture for representation purpose only)

Aiming for the helicopter requirements of the Indian Armed Forces, Airbus Helicopters are set to form a joint venture (JV) with Mahindra Group subsidiary- Mahindra Defence, to produce helicopters in India in order to meet the country’s military needs. The teaming — according to Airbus Helicopters — targets the country’s ‘Make in India’ programme.

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Both companies will now get into discussions to finalise the formation of the joint venture which will act as the prime contractor for India’s military helicopter tenders. This will include the Reconnaissance and Surveillance Helicopter, the Naval Utility Helicopter and the Naval Multirole Helicopter procurement programs — a press release by Airbus Helicopters said.

“We have an unparalleled track-record of successful industrial collaborations with local partners across the world.

We are convinced that with Mahindra we will not only have a mutually rewarding association but one which will offer immense benefits to India,” said Guillaume Faury, president and CEO, Airbus Helicopters.

“The tie-up is in line with our intent to develop an indigenous industrial ecosystem for helicopters,” he added.

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