Sunday, 24 January 2016

Airbus Helicopters and Mahindra officially form new "Make in India" joint venture

Taking forward the memorandum of understanding signed in July, the Indian company Mahindra Defence and Airbus Helicopters today inked a pact to form a joint venture to produce military helicopters in India. The statement of intent was signed today by representatives of both companies in the presence of Prime Minister Narendra Modi and French President Francois Hollande. 
Airbus Helicopters' H125M Fennec light utility helicopter could meet the Indian reconnaissance and surveillance helicopter (RSH) requirement
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