In a market strewn with the debris of failed Airbus campaigns for lucrative Indian defence contracts, the European giant is sniffing its first — and much-needed — win in a country that every senior company executive describes, always with a wry chuckle, as ‘not easy’.
The leadership at Airbus Defence said this week that despite prolonged delays, the Indian MoD was likely to soon sign a $2 billion deal for 56 C295 transport aircraft, 40 of which will be built in India by Airbus’s joint venture with the TATA Group. The first 16 will be built at an Airbus Defence & Space facility in Seville, Spain.
In the wake of fresh optimism that contract signature could be on the horizon is a graveyard of campaigns that Airbus has either lost — or won, only to see the contest aborted by the Indian government at the last minute. Read More