Airbus Signs Aircraft Services MoU with Adani Defence

Airbus India, an arm of Euro 64 billion Airbus, a global leader in aeronautics, space and related services, and Adani Defence & Aerospace on Thursday signed a Memorandum of Understanding (MoU) at DefExpo 2020 to leverage synergies in aerospace and civil aviation sector. The MoU was signed by Anand Stanley, President and MD, Airbus India & South Asia and Ashish Rajvanshi, Head of Adani Defence & Aerospace.

Airbus and Adani will explore opportunities for collaboration in the area of aircraft services for Indian and South Asian market. Airbus’ Global Services forecast envisages the Indian aircraft services market to grow to US $6.3bn by 2025.

Anand Stanley, President and MD, Airbus India & South Asia, said that Airbus is not only the world’s leading civil aviation company but is also a major innovator and provider of aircraft services. This MoU demonstrates their commitment to support the development of India as a world-class services hub for aerospace products, he said.

Adani Defence & Aerospace has established a comprehensive aerospace and defence ecosystem in India. With Adani’s recent foray into airports, this potential collaboration will leverage the synergies between the product and services excellence of Airbus and infrastructure, engineering and mega project execution capabilities of Adani.

Ashish Rajvanshi, Head of Adani Defence & Aerospace, said that India is at the cusp of transformational growth in the aircraft services market. Their collaboration with Airbus is aligned to their vision of nation-building and to indigenise critical technologies and services thus creating a vibrant ecosystem in aerospace capabilities in India, he said.