Bengaluru : Global giant companies like Airbus, Rolls Royce, Colins Aerospace and Safran have thought of increasing imports in India. Prominent officials of these four companies have given this information on Thursday.
In a group discussion on the topic 'Global Investors Summit-Investing Karnataka-2025', in a group discussion on the topic of 'India's origin: Global Anddi Source's future', he has expressed confidence in India's possibilities in the Global Space Technology and Defense Supply Chain. Airbus International Operation Head Michael Narchi said that the maturity that this sector has achieved in India in the last few years is' incredible and surprising.
He said that Airbus is eager to take advantage of its partnership with India. Narchi has said that if I compare 5 years ago in the case of supply chain and today's situation, then the amount of this partnership has doubled in the last 5 years. Today we can proudly say that India contributes more than one billion euros to the overall supply chain of Airbus.
Jean-Noel Mahiu, the executive vice-president of the operation of Safran Electronics and Defense, stressed the importance of strengthening the company's partnership with India. Hu Morgan, senior vice president of Rolls Royce's 'Aerospace Procurement', said the company aims to expand its long -term relations with India. He has said that we want to double our import in this sector in the next five years.
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According to Savasachi Srinivas, Vice President of Colins Aerospace, Colins exports about $ 500 million annually from India. He hopes that it will take a significant increase in the next few years. Director General of Aerospace India Association and former Chief Executive Officer of Airbus India i.e. CEO and Managing Director i.e. MD Srinivasan Dwarkanath said that both Boeing and Airbus have said in their global market forecasting that demand of more than 42,000 new airfrafts in the next 20 years in the next 20 years Will be He has said that India has ordered a large number of aircraft, which will also speed up the global supply chain.
(With agency input)
