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to have Indian manufacturing base within next 3-4 years
New Delhi: Leading aircraft maker Airbus
Industrie is planning to establish a manufacturing base in India within next three-four
years. "We plan to develop manufacturing base in India in the next three to four
years. We don't want to copy what we have done in China. China started more on
the manufacturing side, but the biggest development in India was on engineering
and services sector," Eric Zenin, Head of Airbus Business Development and International
Cooperation, said. Airbus Director International Cooperation Swaminathan Dwarakanath
said: "If Airbus Industrie finds right partners and the right projects, the company
plans an expenditure of about one billion dollars in India over the next ten years."
Under its globalization program, the Airbus Industrie is planning to shift part
of its operations out of Europe. Its Executive Vice President Christian Scherer
said it planned to build up to twenty per cent of aero structures and thirty per
cent of engineering sub- contracting offshore by 2020, and "India will get a large
chunk of this business." Airbus Industrie already has five engineering centres
outside Europe -- two in the US and one each in Bangalore, Beijing and Russia.
-Mar
24, 2009
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