India and Spain have collaborated to launch the country’s first private military aircraft plant, marking a significant milestone in India’s defense manufacturing ambitions. Prime Minister Narendra Modi and Spanish counterpart Pedro Sanchez inaugurated the Tata Aircraft Complex in Gujarat, which will produce Airbus C-295 transport aircraft.
The $2.5 billion deal includes assembling 16 aircraft in Spain and 40 in India, with the first “Made in India” C-295 aircraft expected in 2026. The plant strengthens India-Spain relations and reinforces India’s position in global aerospace manufacturing.
[news_related_post]Sanchez’s visit to India, the first by a Spanish premier in 18 years, aims to boost investment and cooperation in various sectors, including construction, pharmacy, energy, and railways. The two nations reported $9.9 billion in trade in 2023, with India exporting $7.17 billion and importing $2.74 billion.
