India invites French investments in aviation sector

News:

India sought French investment in its aviation sector while asking aerospace companies from France and other nations to manufacture their products in the country.

• Minister state for defence also held a series of meetings with the companies present in the defence sector, including Dassault, from which India has decided to purchase 36 rafale fighter jets.
• A number of top executives from various Indian companies held bilateral meetings here to explore collaborative business opportunities.
• The Mahindras, who have established a significant presence in the defence sector, signed a number of pacts, including the ones with European giant Airbus group.
• While meeting the senior management personnel of major companies like Bombardier, Boeing, Textron, Thales, Dassault and SAFRAN, government told them about various opportunities in Indian aviation market and ‘Make in India’.

 

Source: ET