Mahindra Aerostructures bags supply contract from Airbus

Mahindra Aerostructures, a subsidiary of Mahindra & Mahindra have bagged a Tier 1 supplier contract to supply airframe parts for Airbus’s AS565 MBe Panther helicopter.

With this, Mahindra Aerostructures becomes the first Indian company to receive a direct manufacturing contract from Airbus (European aviation major) as a Tier 1 supplier.

Key Facts

  • The helicopter parts will be produced at Mahindra’s facility in Bengaluru, Karnataka.
  • They will be shipped directly to the Airbus Helicopter production line in Marignane, France.
  • In this facility these parts will be integrated with the rest of the airframe assembly and will form a critical part of the Panther helicopters sold worldwide.

Background

  • Airbus Helicopters and Mahindra Defence are in the process of forming a joint venture (JV) to target India’s military helicopter programmes under the Make In India initiative.
  • The JV will be formed for producing Naval Utility Helicopter, the Naval Multi-Role Helicopter and the Reconnaissance and Surveillance Helicopter for Indian Navy.
  • It will play pivotal role in making blueprint that will piut India on the world map for military helicopter manufacturing.

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Categories: Business & Economy Current Affairs 2017

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