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Airbus Ready to Make in India, will Hike Outsourcing Kitty to $2 billion

News

  • Aircraft maker Airbus Industrie has assured Prime Minister Narendra Modi that its outsourcing from India will increase to $2 billion from $ 400 million over the next five years as part of the Indian government’s Make in India initiative.

Benefits

  • 500% increase in 5 years.
  • Indian outsourcing to increase from $400 mil to $2 billion.

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Just like an iris controls the light levels inside the eye making it possible for us to see the outside world, The Indian Iris aims at shedding light on the ongoing political affairs, policies and schemes of the Government of India (GOI) and those of the State Governments.

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