Airbus has disclosed plans to raise its outsourcing spend in India to $2 billion, shortly after Indian Prime Minister Narenda Modi visited its offices as part of an international trip to France.
Modi’s trip was, in part, motivated by his desire to promote his country’s new ‘Make in India’ initiative. Airbus SAS, an aircraft manufacturing division of Airbus Group, is based in Blagnac, a suburb of Toulouse in France.
‘We are honoured to host Prime Minister Modi in Toulouse and convey to him our desire to forge a stronger industrial bond with India. India already takes a centre-stage role in our international activities and we want to even increase its contribution to our products,’ commented Tom Enders, Airbus Group CEO.
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