What Happened
Turboprop Manufacturer Seeks To Boost APAC Production Capacity
ATR is exploring the possibility of setting up a final assembly line in India to boost its production capacity and tap into the growing demand for turboprop aircraft in the Asia-Pacific region. The company recently secured a firm order for 40 ATR 72 aircraft, highlighting the potential for growth in the region. According to Aviation Week, ATR sees India as an attractive location for its expansion plans, which could enable the company to increase its market share and revenue in the APAC region.