ByYessar Rosendar,
Forbes Staff.
Adani Defence & Aerospace—controlled by ports-to-power billionaire Gautam Adani—has partnered with Brazil’s Embraer to build a manufacturing facility to assemble small commercial jets in India to tap into the country’s travel boom.
The partners will collaborate to develop an aircraft assembly plant and its supporting operations such as supply chain, aftermarket services, and pilot training, according to a statement released by Embraer on Tuesday. The companies did not disclose financial details nor the location of the manufacturing facility.
“Regional aviation is the backbone of economic expansion,” Jeet Adani, director of Adani Defence & Aerospace, said in the statement. “With air connectivity across Tier 2 and Tier 3 cities, the need for an indigenous regional aviation ecosystem has become critical.”
