Global aerospace major Airbus Group plans to procure components and sub - systems worth $2 billion cumulatively for a period of five years till 2020 for its civil and defence projects - - up from $500 million in 2015, the European consortium said on Monday.
"We have set our sight to exceed $2 billion in cumulative procurement annually by 2020 from over $500 million worth aerospace goods in 2015 for civil and defence projects, " the Indian arm of Airbus said in a statement here.
Procurement value increased 15 percent in 2015 over that of 2014.
About 6, 000 skilled people at 45 state - run and private suppliers side across the country provide engineering and IT services, aero - structures, detail parts and systems, materials and cabins to the group for many of its leading platforms, including A380, A350 XWB, A320 family, A330, C295W, A400M, Eurofighter, Tiger and NH90.
Claiming that every Airbus commercial aircraft was partly 'made in India', Airbus chief procurement officer Klaus Richter said Indian suppliers were a cornerstone of its globalisation strategy.
"As many projects with our Indian partners have been successful, we aim to strengthen these relationships in the future, " Richter said on the occasion.
According to Airbus Group India president and managing director Pierre de Bausset, the company is ready to set up system integration and final assembly lines if its proposal of producing C295W military transporters in India with Tata and military helicopters with Mahindra fructify.
Further elaborating on its Indian procurement collaborations, Airbus said Hindustan Aeronautics Limited (HAL) manufactures half of A320 family forward passenger doors while Dynamite Technologies makes flap track beams.
Mahindra Aerospace has a contract with Airbus Group company Premium Aerotec to supply more than one million aero - components per annum while Wipro received technology transfer to produce 8, 000 aerospace actuators per year.
"Infosys provides SAP development and maintenance services while Geometric supports on product life - cycle management (PLM) applications and CAD services. Tech Mahindra provides consulting services on Quality and Business Support, " said the statement.