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Airbus will make its presence felt at India Aviation 2016 and come out with the latest Indian Global Market Forecast during the show being organised in Hyderabad during March 16-20.
Visitors will have a chance to look at A380, the world’s most spacious passenger aircraft, the A350 XWB, the latest generation airliner and the A320neo, a best-selling and most fuel efficient single aisle aircraft, on display besides detailed information on Airbus’ entire product portfolio.
In a statement, Airbus said it has over 70 per cent market share in the country and is at the forefront of the ‘Make in India’ initiative and fostering long term partnerships with India’s civil aviation sector. This means plugging India in its global procurement and engineering value chain.
In 2015, Airbus’ annual procurement from India exceeded $500 million from over 45 suppliers, together employing more than 6,000 people. As a result, every Airbus aircraft being produced today is partly made-in-India. It has now set its sights on exceeding $2 billion in cumulative sourcing over the next 5 years up to 2020.
Around 400 engineers are working for Airbus in India in core areas such as structural analysis, digital mock-up, avionics software design & testing and computational fluid dynamics. A specialised team of engineers and researchers is engaged in developing futuristic aviation technologies. Several hundred more are employed at the two dedicated design centres, operated by partners, in Bengaluru.
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