What Happened
European Aerospace Giant Seeks Reforms to Support Aviation Hub Ambitions
Airbus plans to increase its annual procurement of components and services from India to $2 billion by 2030, from the current $1.6 billion. The company is seeking a greater role for Indian suppliers in manufacturing complex aircraft assemblies, advanced avionics, and engineering services. Airbus has also called for improvements in airport connectivity, passenger transfer processes, and regulatory frameworks to support India’s ambition of becoming an international aviation hub. This development was reported by Aviation India.