What Happened
French Aerospace Giant Expands Sourcing and Co-Development in India
Thales Group, a leading aerospace and defense manufacturer, plans to develop next-generation weapon systems with Indian suppliers and partners. The company has already sourced €1.2 billion worth of products from India over the past five years and aims to increase its sourcing from the country. Thales is also exploring partnerships with Indian space launch firms to address anticipated global launch shortages. According to Thales Group CEO Patrice Caine, Indian capabilities will play a crucial role in developing advanced radars, missiles, and electronic warfare equipment, as reported by The Economic Times.