India and Spain Launch First Private Military Aircraft Plant
Prime Minister Modi and Spanish PM Sanchez inaugurate the Tata-Airbus C295 facility in Vadodara, enhancing India's defense manufacturing capabilities.
- The Vadodara plant will produce 40 of the 56 Airbus C295 aircraft for the Indian Air Force under a $2.5 billion contract signed in 2021.
- This initiative marks India's first private sector military aircraft production, aligning with the 'Make in India' mission.
- The collaboration between Tata Advanced Systems and Airbus Spain is expected to boost India's aerospace industry and attract further European investments.
- The plant is part of efforts to modernize India's defense sector, transitioning from a traditional importer to an exporter of military equipment.
- The first 'Made in India' C295 aircraft is anticipated to be delivered by 2026, with the entire fleet completed by 2031.