The centre in Bengaluru, which focuses on high-end engineering analysis and design, currently has 180 staff, and Airbus president and chief executive officer, Tom Enders, told a press conference in Bengaluru on Friday this strength is expected to go up to 400 in 2013.
Faced with tight financial conditions Airbus may need to cut production next year as the European plane maker anticipates two 'difficult' years ahead, Airbus chief executive Tom Enders said.
Acknowledging that it cannot be truly global without being present in India, French aircraft maker Airbus Industrie has drawn plans to expand market share and strengthen research capabilities in the country.
European aircraft maker Airbus Industrie is in talks with flag carrier Air India for sale of up to 12 superjumbo A-380 planes, as it looks for a greater presence in the world's fastest growing civil aviation market. The long range aircraft can enable an airline to fly to Delhi-Los Angles or Delhi-New York non-stop.
European Aerospace major EADS on Tuesday said it will invest 2 bn (about Rs 11,000 crore) over the next 15 years in India.
Airbus' $99 million payout puts a new light on Eurofighter's 'unsolicited bid' to the Modi government, reducing the cost of the Typhoon fighter by 20 per cent, making it in retrospect significantly cheaper than the Rafale.
The aircraft maker expressed support to Modi's 'Make in India' initiative
Budget forces last minute change in finance minister's plans.
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