Ratan Tata, Chairman, Tata Trusts said that the approval of the joint project between Airbus Defense and Tata Advanced Systems for the manufacture of the C-295 is a major step towards opening up aviation and avionics projects in India. “It envisages total manufacturing of the aircraft in India,” he said.
The C-295 is a multi-role aircraft that comes with a number of reconfigurations based on the missions that require it. Tata said the deal will create domestic supply chain capacity at international standards, which has never been done before.
“The Tata Group congratulates Airbus and the Indian Ministry of Defense for this bold move to fully manufacture this state-of-the-art multi-role aircraft in India,” Tata said, adding that the deal was signed by Prime Minister Narendra Modi. The flagship will support ‘Make in India’.