Eurocopter in MoU with India’s Mahindra Group

Singapore
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Eurocopter has signed a Memorandum of Understanding with India's Mahindra Group to target opportunities in India's helicopter market.

The MoU involves Eurocopter India and two Mahindra companies, Mahindra Aerospace and Mahindra Satyam, said Eurocopter.

"The partnership will be focused on the manufacture of subassemblies, engineering, and customisation of civil helicopters, and the joint development of specific market segments," said Eurocopter.

Eurocopter added that the deal is part of its effort to grow its India business through arrangements with local partners.

Separately, on 22 July Eurocopter signed an agreement with Hindustan Aeronautics reaffirming its long long-term partnership with India's state-owned aerospace giant, and agreeing to work on future projects together.