News Brief
Airbus helicopter (Pic via Airbus website)
Tata and Airbus have entered into a partnership to jointly manufacture helicopters. The two companies have signed an agreement to set up an assembly line for helicopters in India.
The deal was finalised amid French President Emmanuel Macron's Republic Day visit to the country.
Foreign Secretary Vinay Kwatra also said that the two countries have agreed on a defence-industrial roadmap and an agreement on defence space partnership,
“An industrial partnership between Tata and Airbus helicopters for the production of H125 helicopters with a significant indigenous and localization component…" Kwatra explained, Livemint reported.
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Airbus and Tata already have multiple agreements in place.
Moreover, Tata is set to assemble the Airbus C295 military transport aircraft for the Indian Air Force.
Earlier on Thursday (25 January), Macron, accompanied by a delegation that includes Airbus CEO Guillaume Faury, Safran SA CEO Olivier Andries, and the heads of electricity utility EDF SA and Dassault Aviation SA, landed in Jaipur.
The France-India relationship has been growing stronger, with a 25-year plan focusing on enhancing cooperation in defence, nuclear energy, and space sectors.
Last year, during the Bastille Day celebrations in France, Prime Minister Modi announced plans to acquire three additional submarines from France's Naval Group and 26 Rafale marine fighter jets from Dassault Aviation SA.