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Image Credit: Bloomberg Quint

Airbus Plans To Buy $2 Billion Of Parts From India Every Year

  • Airbus plans to increase its sourcing from India to $2 billion a year by 2030.
  • This reflects India's growing importance as one of the world's largest domestic aviation markets.
  • In 2024, Airbus sourced $1.4 billion of products from India, a 40% increase from the previous year.
  • The decision to boost sourcing is driven by the estimated demand for 2,210 new aircraft in India over the next 20 years.

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