Brazilian aircraft manufacturer Embraer Defense & Security and Mahindra signed a Memorandum of Understanding (MoU) to jointly bid for the Indian Air Force’s (IAF) Medium Transport (MTA) Aircraft tender. Embraer is pitching its C-390 Millennium multi-mission aircraft for the deal. The MoU was signed at the Embassy of Brazil in New Delhi on Friday.
“We are honored to announce this MoU with Mahindra. India has a diverse and strong defense and aerospace industry and we have chosen Mahindra as our partner to jointly pursue the MTA program” said Mr Bosco da Costa Junior, President & CEO, Embraer Defense & Security in a statement. “India is a key market for Embraer and we fully support India’s ambitions for ‘Atmanirbhar Bharat’. We see this partnership as a symbol of strengthening relations between Brazil and India and a way to foster Global South cooperation.”