Airbus nears helicopter-assembly deal during Macron’s India visit international business news
airbus Ready to sign an agreement for the construction of SE concordance for in india helicopter During the state visit of French President Emmanuel long sign on english vowelPeople familiar with the matter said.
Under the deal, Tata Advanced Systems Ltd will oversee the production of H125 civil helicopters, the people said, as negotiations are still ongoing. An Airbus spokesman declined to comment. Economic Times first reported the news of this conversation.
The announcement could come as soon as Friday, when Macron will join Prime Minister Narendra Modi at a parade in New Delhi to celebrate Republic Day, the people said.
France and India to discuss agreement on small nuclear reactors
Relations between France and India have steadily grown with a 25-year plan to deepen cooperation in defence, nuclear energy and space. Last year, Prime Minister Modi was invited to attend Bastille Day celebrations in France, where he unveiled plans to purchase three additional submarines made by France’s Naval Group and 26 maritime Rafale fighter jets by Dassault Aviation SA Was.
There are already several agreements between Airbus and Tata. Last week, TASL said it had agreed to manufacture and supply components to Airbus for commercial jets such as the A320 and A350. The Indian company will also assemble the Airbus C295 military transport aircraft for the Indian Air Force.
The French president, who arrived in Jaipur on Thursday, is traveling with a delegation that includes Airbus CEO Guillaume Faury, Safran SA CEO Olivier Andries, as well as the heads of power utility EDF SA and Dassault Aviation SA.
Under the deal, Tata Advanced Systems Ltd will oversee the production of H125 civil helicopters, the people said, as negotiations are still ongoing. An Airbus spokesman declined to comment. Economic Times first reported the news of this conversation.
The announcement could come as soon as Friday, when Macron will join Prime Minister Narendra Modi at a parade in New Delhi to celebrate Republic Day, the people said.
France and India to discuss agreement on small nuclear reactors
Relations between France and India have steadily grown with a 25-year plan to deepen cooperation in defence, nuclear energy and space. Last year, Prime Minister Modi was invited to attend Bastille Day celebrations in France, where he unveiled plans to purchase three additional submarines made by France’s Naval Group and 26 maritime Rafale fighter jets by Dassault Aviation SA Was.
There are already several agreements between Airbus and Tata. Last week, TASL said it had agreed to manufacture and supply components to Airbus for commercial jets such as the A320 and A350. The Indian company will also assemble the Airbus C295 military transport aircraft for the Indian Air Force.
The French president, who arrived in Jaipur on Thursday, is traveling with a delegation that includes Airbus CEO Guillaume Faury, Safran SA CEO Olivier Andries, as well as the heads of power utility EDF SA and Dassault Aviation SA.
