This indirect outsourcing will make Airbus' parent company EADS' total business outsourced to India grow 10 times by 2020, from the current euro 100 million. In comparison, the total outsourcing to countries outside Europe will only increase by more than three times in that period, albeit from a far larger base of euro 8 billion. Industry experts said this indirect outsourcing would be a clear way to rationalise costs.
India's desire to upgrade its Air Force will take a step forward in the next couple of months when trials for 126 medium-range, multi-role combat aircraft begin.
India's desire to upgrade its Air Force will take a step forward in the next couple of months when trials for 126 medium-range, multi-role combat aircraft begin.
European aircraft maker Airbus said on Monday it expected India to buy about 222 aircraft over the next 15 years, and hoped to sell about half of them, including a current 43-jet deal.
Arms dealer Sanjay Bhandari, who is under the scanner of multiple investigating agencies, may have fled the country, a media report claimed on Thursday.