SIDBI and Airbus Helicopters Partner for Helicopter Financing in India
| Topic | Details |
|---|---|
| Parties Involved | SIDBI (Small Industries Development Bank of India) and Airbus Helicopters |
| Agreement | Memorandum of Understanding (MoU) for helicopter financing in India |
| Objective | Facilitate financing of Airbus helicopters for civil operators in India |
| Key Roles | - Airbus: Provide technical expertise and industry knowledge |
| - SIDBI: Identify and evaluate potential helicopter operators seeking financing | |
| Stakeholder Statements | - Rahul Priyadarshi (SIDBI): Emphasized potential to open financing avenues for MSMEs |
| - Sunny Guglani (Airbus): Highlighted accessibility of civil helicopters for national development | |
| Current Helicopter Industry | - Dominated by foreign manufacturers, with Airbus Helicopters as a major player |
| - Pawan Hans Ltd. primarily uses Airbus helicopters | |
| - Hindustan Aeronautics Limited (HAL) focuses on fixed-wing aircraft with limited civil helicopter production |