Embraer Eyes Long-Term Indian Supply Chain Base
Brazilian aircraft manufacturer Embraer is exploring the possibility of establishing a long-term supply chain base in India.
Embraer, the third-largest commercial aircraft manufacturer in the world, has been in talks with Indian companies to set up a supply chain base in the country. The company is looking to tap into India's growing aerospace industry and its skilled workforce.
Embraer has a long history of working with Indian companies. In 2019, the company signed a contract with Hindustan Aeronautics Limited (HAL) to manufacture components for its E175 and E195-E2 aircraft. Embraer is also working with other Indian companies, such as Bharat Forge and Tata Advanced Systems, to develop and manufacture aircraft components.
Embraer's plans for India are part of its global strategy to expand its supply chain and reduce costs. The company is looking to establish a global network of suppliers, with a focus on emerging markets such as India.
Embraer is not the only aircraft manufacturer that is looking to establish a supply chain base in India. Airbus, Boeing, and other major aircraft manufacturers are also exploring the possibility of setting up operations in the country.
India's aerospace industry is growing rapidly. The country is expected to become the third-largest aviation market in the world by 2025. This growth is being driven by the increasing demand for air travel, as well as the government's focus on developing the aerospace industry.
India's skilled workforce and low labor costs make it an attractive destination for aircraft manufacturers. The country also has a strong aviation infrastructure, with a network of airports and airlines.
Embraer's plans for India are a sign of the growing importance of the country's aerospace industry. The company's investment in India will help to create jobs and boost the country's economy.
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