SAO PAULO, Oct 17 (Reuters) - The defense and security
division of Brazilian planemaker Embraer ( ERJ ) said on
Friday it had signed a strategic cooperation agreement with
India's Mahindra Group, including joint initiatives for the
development and production of the C-390 Millennium aircraft in
India.
The agreement supports the promotion of the C-390 Millennium
aircraft for the Indian Air Force's Medium Transport Aircraft
program and builds on a 2024 memorandum of understanding.
Its scope has now been expanded to include joint marketing
efforts, industrialization, and the development of India as a
regional hub for the aircraft, Embraer ( ERJ ) said in a statement.
Embraer ( ERJ ) added that it will work with Mahindra Group to identify
opportunities for manufacturing, assembly facilities, supply
chain and maintenance, repair and operation activities in India.
"The long-term ambition is to position India as a manufacturing
and support hub for the C-390 Millennium aircraft, serving both
domestic and regional requirements," it said.
The announcement coincided with the inauguration of Embraer's ( ERJ )
national office in New Delhi, which brought together executives
from both companies as well as Brazilian and Indian government
officials.
Brazil's Vice President Geraldo Alckmin, who attended the
opening, said the new office lays the groundwork for future
Brazilian projects in India, according to a government
statement.