500% increase in 5 years: Airbus’s ‘Make in India’ plan to be worth $2bn
Published April 11, 2015 | By admin
SOURCE : TNN
Prime Minister Narendra Modi’s “Make in India” initiative has gained further momentum. “Airbus plans to increase its Indian outsourcing from $400 million to $2 billion in next five years,” MEA spokesman Syed Akbaruddin tweeted on Saturday.
Prime Minister Narendra Modi on Saturday visited Airbus’s facility in Toulouse, in southern France, and called it “amazing”. “Amazing visit to Airbus facility. They are very enthusiastic about “Make in India” initiative,” PM Modi said in a tweet.
Prime Minister Narendra Modi also asked for a selfie during his tour of Airbus facility in Toulouse.
On Friday, Modi held talks with President Francois Hollande and both sides inked 17 agreements and three letters of intent.
India said it would buy 36 Rafale fighter jets in fly away condition as soon as possible. |
|