C-295 aircraft project great step in opening up aviation avionics sector Ratan Tata
New Delhi Sep 24 PTI Tata Trusts Chairman Ratan Tata on Friday hailed the finalisation of a contract by India to procure 56 C-295 transport aircraft under an Airbus-Tata project describing it as a great step forward in the opening up of the aviation and avionics sector in the countryHis comments came hours after the deal to procure the aircraft to replace the Avro-748 planes of the IAF was sealedUnder the agreement Airbus will deliver the first 16 aircraft in fly-away condition from its final assembly line in Seville Spain The subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems TASL in India as part of an industrial partnership between the two companiesThe clearance of the joint project between Airbus Defence and Tata Advanced Systems to build the C-295 is a great step forward in the opening up of the aviation and avionics projects in India Tata said in a statementThe C-295 is a multi-role aircraft with several configurations to meet mission requirements It envisages total manufacturing of the aircraft in India he saidThe chairman of Tata Trusts congratulated Airbus Defence Tata Advanced Systems Limited and the Defence Ministry on the inking of the contract It will create a domestic supply chain capability to international standards which has never been undertaken before The Tata Group congratulates Airbus and the Indian Defence Ministry for this bold step in fully building this state-of-the-art multi-role aircraft in India in support of the Make-in-India thrust to bolster the countrys equity framework Tata saidThe contract was signed two weeks after it was cleared by the prime minister-led Cabinet Committee on SecurityAirbus said the first 16 aircraft will be delivered over four years after the contract implementation and that all the planes will be equipped with an indigenous Electronic Warfare Suite EWS This contract will support the further development of Indias aerospace ecosystem bringing investment and 15000 skilled direct jobs and 10000 indirect positions over the coming 10 years said Michael Schoellhorn CEO of Airbus Defence and Space PTI MPB DV DV
New Delhi Sep 24 PTI Tata Trusts Chairman Ratan Tata on Friday hailed the finalisation of a contract by India to procure 56 C-295 transport aircraft under an Airbus-Tata project describing it as a great step forward in the opening up of the aviation and avionics sector in the countryHis comments came hours after the deal to procure the aircraft to replace the Avro-748 planes of the IAF was sealedUnder the agreement Airbus will deliver the first 16 aircraft in fly-away condition from its final assembly line in Seville Spain The subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems TASL in India as part of an industrial partnership between the two companiesThe clearance of the joint project between Airbus Defence and Tata Advanced Systems to build the C-295 is a great step forward in the opening up of the aviation and avionics projects in India Tata said in a statementThe C-295 is a multi-role aircraft with several configurations to meet mission requirements It envisages total manufacturing of the aircraft in India he saidThe chairman of Tata Trusts congratulated Airbus Defence Tata Advanced Systems Limited and the Defence Ministry on the inking of the contract It will create a domestic supply chain capability to international standards which has never been undertaken before The Tata Group congratulates Airbus and the Indian Defence Ministry for this bold step in fully building this state-of-the-art multi-role aircraft in India in support of the Make-in-India thrust to bolster the countrys equity framework Tata saidThe contract was signed two weeks after it was cleared by the prime minister-led Cabinet Committee on SecurityAirbus said the first 16 aircraft will be delivered over four years after the contract implementation and that all the planes will be equipped with an indigenous Electronic Warfare Suite EWS This contract will support the further development of Indias aerospace ecosystem bringing investment and 15000 skilled direct jobs and 10000 indirect positions over the coming 10 years said Michael Schoellhorn CEO of Airbus Defence and Space PTI MPB DV DV
