SP Shukla, Group President & CEO, Mahindra Aerospace and Defence Sector and Member, Group Executive Board, Mahindra & Mahindra Ltd., said, "Premium Aerotec and Mahindra Aerospace have started a journey to build capability and capacity in India to support the global market demand for Airbus aircraft.

"We are thrilled to be part of this relationship and are committed to growing it significantly in the years to come." The Mahindra Group recently created the Aerospace and Defence sector under Shukla's leadership to ensure strategic focus and targeted imperatives to support India's recent policy initiatives in both these industry domains.

Dr. Lars Kästle, Senior Vice President Finance, Procurement & IT Management, Premium AEROTEC, said, "For Premium AEROTEC, this is the start of a strategic partnership with Mahindra Aerospace. It represents an important step in our restructuring efforts to rearrange our supply chain in collaboration with global partners."

"We greatly appreciate this opportunity to work with Premium AEROTEC as they implement their strategic sourcing plans, and look forward to building up a vibrant partnership with Premium and the Airbus Group from this foundation," said Arvind Mehra, Executive Director and Global CEO, Mahindra Aerospace.
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