BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)
Markets

India’s Adani signs pact with Brazil’s Embraer to build planes

  • The pact offers Adani a key opportunity to boost its aerospace business
Published Updated
By

NEW DELHI: India’s Adani Group and Brazilian plane maker Embraer signed a deal Tuesday to build aircraft in India, as the world’s most populous nation seeks to become a global aviation hub.

The two firms aim to establish an “assembly line”, according to a joint statement, and will collaborate in airplane manufacturing, the broader aviation supply chain and pilot training.

“The proposed ecosystem is geared towards supporting domestic demand while generating significant direct and indirect employment,” the statement said, without providing financial details.

The pact offers Adani – a sprawling ports-to-power conglomerate run by billionaire Gautam Adani – a key opportunity to boost its aerospace business.

READ MORE: India’s SBI MF to take at least 10% of Adani Group’s biggest Indian rupee bond issue, bankers say

For Embraer, the world’s third-biggest aircraft maker, the deal gives it a foundation to expand its growing footprint in India.

India’s air force currently operates Embraer jets including the Legacy 600 and the “Netra” AEW&C aircraft based on its ERJ145 platform.

“India is a pivotal market for Embraer,” Arjan Meijer, president and CEO of Embraer Commercial Aviation, said in the statement, adding the partnership combined the firm’s aerospace expertise with “Adani’s strong industrial capabilities”.

Embraer said in October that it ended the third quarter of 2025 holding unfilled orders for 490 aircraft after closing several major deals.

Comments

200 characters remaining