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Airbus to increase India sourcing to $2-bn by 2020

Airbus to increase India  sourcing to $2-bn by 2020
Showering fulsome praise for the Modi government’s Make in India campaign, Airbus said it’s making a large number of products in the country, either directly or through its supply partners, where collectively more than 5,000 people are employed. 

“It’s a great initiative and we are already pushing for it in a big way. We have done a lot of ‘Make in India’ of our own and we would do much more, going forward,” the European giant’s Managing Director for India Srinivasan Dwarkanath told in an interview here at the Paris International Air Show. 

The company’s latest A380 aircraft, which is being displayed here, has got evacuation slides for all its eight doors made in Bangalore while there are many other products that the company is getting made in India. “Almost all our products have got India-made parts,” he said. Dwarkanath said there are broadly four areas of focus for Airbus in India -- engineering, services for customers, aerospace partnerships and R&D innovation. “Some of the common themes across all these focus areas <g data-gr-id="28">are skill</g> development, jobs and getting and transmitting the know-how,” said Dwarkanath, who is the Vice-President for International Cooperation, South and South-East Asia, besides being MD for Airbus India.

Airbus’ own centre in Bangalore for engineering has got more than 350 engineers working in core engineering functions while there are over 2,000 people across the supply chain in this segment. Two offshore development centres are also employing 300 people each, he added. In the aerospace segment, Airbus has got over 40 suppliers and partners, including the Tatas and the Mahindras.

Magellan Aerospace ties up with Mahindra 
 Canada-listed global major Magellan Aerospace on Thursday partnered Mahindra Aerospace to offer their mutual customers major structural assemblies, machined components and fabrications for the global market. An MoU was signed between the two companies for this partnership here at the Paris international Air Show and is part of their customers’ strategy to develop supply from India.

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