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India sourcing of Airbus to hit $2 bn
Mint Bangalore
|March 27, 2025
Aircraft maker Airbus' annual sourcing of components and services from India will be ramped up significantly to touch $2 billion before 2030, its CEO Guillaume Faury has said as he emphasised that the country should play on its strengths rather than replicate what others have done in the past.
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For Airbus, currently the sourcing of components and services annually is to the tune of $1.4 billion from India, which is also one of the world's fastest growing civil aviation markets.
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