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Airbus in talks with Indian firm on helicopter joint venture

2015-02-20 13:51:04| Steel - Topix.net

Airbus Helicopters said on Friday it is in talks with India's Mahindra and Mahindra, Reliance Industries and Tata Group to jointly make military helicopters, to comply with rules aimed at helping the nascent local defense industry. The company, a unit of Airbus Group, is offering to build its light utility AS550 Fennec and the medium lift EC725 for India's armed forces, which are heavily dependent on an ageing fleet of Cheetah and Chetak helicopters.

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