C-295 aircraft project great step in opening up aviation, avionics sector: Ratan Tata
The Hindu
Tata Trusts Chairman Ratan Tata on Friday hailed the finalisation of a contract by India to procure 56 C-295 transport aircraft under an Airbus-Tata project, describing it as a "great step"
Tata Trusts Chairman Ratan Tata on Friday hailed the finalisation of a contract by India to procure 56 C-295 transport aircraft under an Airbus-Tata project, describing it as a "great step" forward in the opening up of the aviation and avionics sector in the country.
His comments came hours after the deal to procure the aircraft to replace the Avro-748 planes of the IAF was sealed.
Under the agreement, Airbus will deliver the first 16 aircraft in 'fly-away' condition from its final assembly line in Seville, Spain. The subsequent 40 aircraft will be manufactured and assembled by Tata Advanced Systems (TASL) in India as part of an industrial partnership between the two companies.
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