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We won. Banks are now using the words we started. "Screwdriver India." "Assembled in India." A few years ago, nobody talked about this. Today, even ads are saying it. That means people are starting to see the difference: Making in India vs Assembling in India. This is only the...

34,226 views • 13 days ago •via X (Twitter)

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#WATCH | Delhi | Arjan Meijer, President and CEO, Embraer, says, "Embraer is very proud to stand here today. We're very, very pleased to sign our MOU with Adani. We see a bright future ahead of us here in India, and we believe the stars are aligning to advance the Make in India initiative. We believe there's a huge opportunity here with regional aircraft... In India, the current outstanding fleet we have today is around 800 units. But if you look at the backlog, we're looking at around 1,700 aircraft for the years ahead. But the regional part of that fleet is very small. So we really believe that, to develop India from within, the country needs a smaller-gauge aircraft to really help drive the country's GDP... The regional segment of jets is completely missing. If you see what the potential is in a country like India... So that's why we believe really that together with Adani we can work together with a goal to build the aircraft here in India, the exact aircraft type to be defined, so we will come back on that, but we are talking up to an assembly line, testing, delivery. We really believe in a partnership with Adani because they're very strong in supply chain, MRO, and pilot training, so we believe that, together, we can develop a very strong aviation ecosystem here in India. And of course, beyond that, we're very interested to work also with the Indian industry for much deeper localisation. We need to build our supply chain, and we believe that here in India, we can also do that with Indian partners ahead of us. So a potential first regional assembly line in India, that's what we're looking at here. We're very bullish about making that happen... But as I said, we want to develop the indigenous market over the years to make this a made-in-India aircraft. And that will allow India to really connect the second-tier and the third-tier cities in India. We know there's a lot of demand from smaller cities wanting to be connected to the bigger aerospace system. This will bring not only regional connectivity, this will bring economic and environmental benefits. It will facilitate business and trade across the country. We are very certain that we will boost tourism across the country and of course for every Indian provide everyday accessibility. So we believe the opportunity ahead of us is huge. And we're proud to be here today to announce the partnership with Adani, and we really look forward to making this a very successful future together here in India."

ANI

29,079 views • 5 months ago