Embrarer & Mahindra tie up to acquire C-390 Millennium for IAF

Embrarer & Mahindra tie up to acquire C-390 Millennium for IAF

NEW DELHI: Embraer Defense & Security and Mahindra Friday announced they have signed a MoU to jointly fulfil acquisition of C-390 Millennium multi-mission aircraft by Indian Air Force in its upcoming Medium Transport Aircraft (MTA) procurement project. The MoU was signed at the Embassy of Brazil in New Delhi. Mahindra Group chairman Anand Mahindra said, “the success of this initiative will allow us to contribute significantly to the prowess of the IAF.”

Embraer Defense & Security president & CEO Bosco da Costa Junior said: “We are honoured to announce this MoU with Mahindra. India has a diverse and strong defence and aerospace industry and we have chosen Mahindra as our partner to jointly pursue the MTA program. India is a key market for Embraer and we fully support India’s ambitions for ‘Atmanirbhar Bharat’. We see this partnership as a symbol of strengthening relations between Brazil and India and a way to foster Global South cooperation.”

Embraer and Mahindra will engage with IAF to identify the next steps of the MTA program, as well as contact the local aerospace industry in India to start developing the industrialisation plan for the project. The MoU was signed by Embraer Defense & Security and Mahindra Defence Systems, a 100% owned subsidiary of Mahindra, that focuses on armoured transport and security-related products including electronics.

Vinod Sahay, President Aerospace & Defence Sector and Member of Group Executive Board, Mahindra said: “We are proud to start this partnership with Embraer, a company that is known for its engineering excellence and a unique portfolio of aircraft and systems. The C-390 Millennium is the most advanced military airlifter in the market, and we believe that this partnership will not only bolster the operational prowess of the Indian Air Force, but also provide an efficient industrialisation solution that aligns seamlessly with the objectives of Make in India.”

Embraer is present in India across the fields of defence, commercial aviation and executive aviation. The C-390 Millennium multi-mission tactical transport aircraft offers mobility, combining high productivity and operating flexibility with low operating costs. Todate, the C-390 Millennium has been selected by Brazil, Portugal, Hungary, the Netherlands, Austria, the Czech Republic and most recently, South Korea.

The collaboration around the C-390 Millennium will bring the latest technology in terms of aerospace & military transport aircraft to India. Both Embraer and Mahindra will explore the potential to turn India into a future hub of the C-390 aircraft for the region.

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