Airbus Mulls India Assembly for C295 Aircraft in Military Pitch

Business Week - 2/5/2014

Airbus Group NV (AIR), aiming to pitch its C295 plane to the Indian Air Force, said it may set up a local assembly line for the military transport aircraft as it seeks to boost business outside the U.S. and Europe. The planemaker will bid for the Indian contract next month, Christian Scherer, head of marketing and sales at Airbus Defense & Space, said by e-mail. India, the world’s largest arms importer, invited bids last year for 56 transport planes to replace its aging fleet of Avro aircraft.

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