"We believe this manufacturing relationship will allow us to demonstrate the quality and competitiveness of Mahindra Aerostructures to Airbus Helicopters. We are already committed to become a trusted partner and supplier to the Airbus Group for airframe parts and assemblies. This contract with Airbus Helicopters signals our further commitment to work with them to develop a robust Indian ecosystem for both design and build capabilities in aerospace," said Arvind Mehra, Executive Director & CEO, Mahindra Aerospace.

Also, as announced earlier, Airbus Helicopters and Mahindra Defence are in the process of forming a joint venture to target India's military helicopter programmes such as the Naval Utility Helicopter, the Naval Multi-Role Helicopter and the Reconnaissance and Surveillance Helicopter. The AS565 MBe Panther is competing for the Naval Utility Helicopter programme. In case the Indian Government selects the Panther, Airbus Helicopters will establish India as a global hub for Panther production in partnership with Mahindra Defence.

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