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What is the story about?
In a major milestone, Airbus will hold a meeting of its Board of Directors in New Delhi early next week. This will be the first-ever board meeting in India since the European aerospace giant began operations in the country nearly six decades ago.
Airbus regularly holds its board meetings outside its headquarters and this time, it has chosen India. The move is seen as a strong signal that India truly matters in Airbus’ global strategy.
Airbus sources more than $1.4 billion worth of components and services annually from India, and the figure is expected to rise sharply in the coming years. Earlier this year, CEO Guillaume Faury announced plans to ramp up annual sourcing to $2 billion by 2030.
“India offers great potential with its talent pool, thriving industrial ecosystem and clear ‘Make in India’ vision,” an Airbus spokesperson said, adding that the board’s visit reflects the country’s growing importance in Airbus’ global strategy.
The 12-member board, chaired by René Obermann, will review the company’s India plans at a time when the aerospace major is significantly expanding its footprint here. Airbus is setting up two Final Assembly Lines (FALs) in partnership with Tata Advanced Systems, one for the H125 helicopter and another for the C295 military transport aircraft.
India is also central to Airbus’ civil aviation growth story. Together, IndiGo and Air India have placed orders for more than 1,000 Airbus aircraft, making the country one of the manufacturer’s largest markets worldwide.
Beyond aircraft sales, Airbus has built deep engineering and digital capabilities in Bengaluru that support its global operations. “This visit will serve to reinforce the commitment, cementing Airbus’ role as a reliable partner of India,” the company said.
Airbus regularly holds its board meetings outside its headquarters and this time, it has chosen India. The move is seen as a strong signal that India truly matters in Airbus’ global strategy.
Airbus sources more than $1.4 billion worth of components and services annually from India, and the figure is expected to rise sharply in the coming years. Earlier this year, CEO Guillaume Faury announced plans to ramp up annual sourcing to $2 billion by 2030.
“India offers great potential with its talent pool, thriving industrial ecosystem and clear ‘Make in India’ vision,” an Airbus spokesperson said, adding that the board’s visit reflects the country’s growing importance in Airbus’ global strategy.
The 12-member board, chaired by René Obermann, will review the company’s India plans at a time when the aerospace major is significantly expanding its footprint here. Airbus is setting up two Final Assembly Lines (FALs) in partnership with Tata Advanced Systems, one for the H125 helicopter and another for the C295 military transport aircraft.
India is also central to Airbus’ civil aviation growth story. Together, IndiGo and Air India have placed orders for more than 1,000 Airbus aircraft, making the country one of the manufacturer’s largest markets worldwide.
Beyond aircraft sales, Airbus has built deep engineering and digital capabilities in Bengaluru that support its global operations. “This visit will serve to reinforce the commitment, cementing Airbus’ role as a reliable partner of India,” the company said.
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