- Home
- Current Affairs
- Current News
- Franco-Indian Campus in India
Franco-Indian Campus in India
- 09 Oct 2024
On 7th October, 2024, France announced that it is enhancing cooperation with India in aerospace, including setting up a campus for aviation and space training.
Key Points
- Franco-Indian Campus for Aviation and Space: France will establish a professional training campus for aeronautics and space in India, strengthening cooperation in training through a renewed MoU.
- French Aerospace Delegation in India: A high-level French delegation from over 60 companies, including Airbus, Dassault, and Thales, is visiting India to explore aerospace collaboration opportunities.
- Significant French Exports in Aeronautics: 55% of France’s exports to India come from the aeronautical sector, totalling €2.7 billion in the first half of 2024, with French companies integrating Indian firms into the global supply chain.
- Growing Airbus Procurement from India: Airbus doubled its sourcing from India, reaching €1 billion in 2023, and plans to continue doubling procurement every five years, highlighting the growth in hardware supply from Indian companies.
- Potential for Aerospace Supply Chain Development: While there are discussions on establishing a final assembly line (FAL) for commercial aircraft in India, Airbus emphasizes the importance of strengthening supply chains and manufacturing capabilities at various levels.
State In News
State In News
State In News
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu And Kashmir
- Jharkhand
- Karnataka
- Kerala
- Ladakh
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttarakhand
- West Bengal