After Boeing announced its huge investment plans for I
ndia recently, it is now the turn of its arch rival, the European Airbus to launch itself into the action mode. Realising the optimism in the Indian air space, Airbus is wasting no time in cashing on it. The world’s largest aircraft manufacturer recently announced its plans to invest $1 billion in India over a period of ten years. Airbus will set up training centers (including for pilots of its A-320 model), maintenance, repair & overhaul facilities (MRO) along with engineering & design centers by the year 2007.
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ndia recently, it is now the turn of its arch rival, the European Airbus to launch itself into the action mode. Realising the optimism in the Indian air space, Airbus is wasting no time in cashing on it. The world’s largest aircraft manufacturer recently announced its plans to invest $1 billion in India over a period of ten years. Airbus will set up training centers (including for pilots of its A-320 model), maintenance, repair & overhaul facilities (MRO) along with engineering & design centers by the year 2007.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
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