Airbus says India-assembled C295s will start rolling off the local production facility in 2026, as it disclosed the inauguration of the Vadodara FAL in Gujarat.
The Indian government has approved plans for a space investment fund, saying it has earmarked INR10 billion ($118 million) to the effort on a multiyear basis.
The Indian government has approved the purchase of 240 locally assembled Al-31FP engines from Hindustan Aeronautics to power its Sukhoi Su-30MKI fighters.