Anabelle Colaco
05 Feb 2026, 12:51 GMT+10
NEW DELHI, India: India's push to expand domestic defence manufacturing has drawn fresh interest from Europe's aerospace sector, with Italy's Leonardo and Adani Defence & Aerospace moving to establish a helicopter production base in the country.
The two companies said they had signed a preliminary agreement to create a helicopter manufacturing ecosystem in India, formalised through a memorandum of understanding.
The partnership will focus on Leonardo's AW169M and AW109 TrekkerM helicopter models and is intended to meet rising demand and evolving military requirements in India. The companies said the scope of the agreement could also be expanded to cover civil aviation applications at a later stage.
Ashish Rajvanshi, chief executive of Adani Defence & Aerospace, said the Indian Armed Forces project demands more than 1,000 helicopters over the next decade.
Leonardo's shares rose about two percent by 0900 GMT following the announcement.
Get a daily dose of China National News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to China National News.
More InformationNEW DELHI, India: India's push to expand domestic defence manufacturing has drawn fresh interest from Europe's aerospace sector, with...
BEIJING, China: China's Lunar New Year shopping and travel rush is once again becoming a high-stakes battleground for tech giants,...
NEW YORK, New York - AI stocks continued to be pounded on Wednesday dragging the tech sector sharply lower, however the Dow Jones surged...
HONG KONG: From factory floors to street markets, governments and businesses across Latin America are scrambling to respond to a surge...
SINGAPORE: As the global aviation industry gathers in Singapore, airline executives and regulators are confronting a tougher path to...
SINGAPORE: A broad selloff swept through global commodities markets on Monday, dragging down prices of precious metals, energy, and...
SINGAPORE: As the global aviation industry gathers in Singapore, airline executives and regulators are confronting a tougher path to...
MELBOURNE, Australia (Xinhua) -- Top seed Carlos Alcaraz won his first Australian Open title on Sunday to complete his set of major...
BOSTON, Massachusetts - A New Zealand kid has shocked the athletics world with a stunning sub-4 minute mile run, and he says he has...
BEIJING, China: British Prime Minister Keir Starmer and Chinese President Xi Jinping held talks in Beijing on January 29, signalling...
BEIJING, Feb. 5 (Xinhua) -- China on Thursday introduced a zero-tariff policy on certain imported goods for consumption by residents...
New Delhi [India], February 5 (ANI): The Lower House of the Parliament on Thursday was adjourned till 12 noon following continuous...
