Airbus CEO meets PM Modi, hints at increasing investment in India

Airbus Meet PM Modi India : Looking at the opportunities for growth in India’s aviation sector, big companies from all over the world are considering investing in the country. The world’s leading aircraft manufacturer Airbus has also indicated to increase investment in India. Company CEO Guillaume Faury has met with Prime Minister Narendra Modi. After which it is being speculated that the company can further increase its investment in India.

Will deal with Air India

PM Modi said that he is emphasizing on increasing his industrial presence in India. At present, the CEO has not told what has happened with the Prime Minister about this, nor has given any figures regarding the expansion. Recently, Air India had announced that it is finalizing the deal of several aircraft with Airbus. Along with this, the Indian Air Force can also do many big deals. In view of these opportunities, the company is keen to expand in India.

Airbus CEO tweeted information

Thank you PM @narendramodi for an excellent meeting with @Airbus, Proud that our commitment to India is contributing to your #AatmaNirbharBharat vision for aerospace & defence. We will continue to support civil aviation growth & deepen our industrial footprint in India. @PMOIndia pic.twitter.com/NhamOeDamH

— Guillaume Faury (@GuillaumeFaury) December 21, 2022

News Reels

prime minister of India Narendra Modi Giving information about the meeting through a tweet, the CEO of Airbus said that he is proud that he is cooperating in the self-reliant India campaign (Aatma Nirbhar Bharat). And they will continue to cooperate in accelerating India’s civil aviation growth and increasing their industrial expansion in India. This meeting is important because Airbus is the world’s largest civil aviation player, while India is the world’s fastest growing civil aviation sector. The company has already said that in the midst of the Corona Pandemic, India has handled the situation well. In such a situation, the company is seriously considering increasing India’s role in their global supply chain. The company can open more production lines in India or enter into such agreements.

tata group will buy 250 air bus jets

Air India has recently revealed plans to increase its fleet, a major part of which could go to Airbus. According to sources, Tata Group is going to buy 250 air bus jets, while there are plans to buy a large number of A350s as well. This entire order will be worth thousands of crores. At present, the details of this deal have not been revealed, nor has any party given any statement. Although the Tata Group had already indicated changes in its Air India fleet. Looking at such a huge order, Airbus is planning to expand in India.

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