Aerospace firm Embraer SA is holding discussions with five Indian firms, including Hindustan Aeronautics Ltd (HAL) and Tata Group, to make defence transport aircraft in India, according to a report by Mint. The firm expects to finalise and announce its partner by the end of this year.
Joao Bosco da Costa Junior, president and chief executive of Embraer Defence & Security, stated in an interview that the firm is watching what the big players are doing in India and learning from them. The firm is talking to four or five companies to discuss the Medium Transport Aircraft (MTA) programme, and these companies are from both the government and private sectors.