Adani Aerospace & Defence signs pact with Embraer to manufacture commercial planes
Adani Group's aviation arm, Adani Aerospace & Defence, has signed a pact with Brazilian multinational aerospace corporation Embraer. The Memorandum of Understanding (MoU) is for assembling commercial aircraft in India, marking a major push to localise aircraft manufacturing.
As per the firm, the collaboration aims to position India as a hub for regional jet production, capitalizing on the growing demand for smaller aircraft.