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Airbus shortlists 8 locations for H125 helicopter assembly line in India

Business Standard LogoBusiness Standard5h ago

Airbus shortlists 8 locations for H125 helicopter assembly line in India - Business Standard

Quick Summary:

European major Airbus has shortlisted eight sites in India for setting up its final assembly line for H125 helicopters and the ground-breaking ceremony for the facility is expected later this year.

The facility, which will be the fourth Final Assembly Line (FAL) for the single engine H125, will initially produce up to 10 helicopters annually and the capacity will be ramped up depending on the market demand, Airbus officials said.

"India is the market of the future for helicopters...at present, the market is extremely embryonic, it is very small compared to what the potential could be," Olivier Michalon, Executive Vice President Global Business of Airbus Helicopters, said.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-21 @ 16:33:53 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 707 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21707427

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 94 posts per day

Year Established: 1975

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News Last Updated: 5 hours ago

Coverage Areas: India

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Publisher ID: #49

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