Embraer Defense & Security CEO Bosco da Costa Junior stated that the company aims to establish C-390 Millennium production in India to supply a broader Asian market.
Embraer and Mahindra Group are jointly bidding for the Indian Air Force medium transport aircraft programme for 60 planes, targeting a potential ₹1 lakh crore contract.
The winning consortium must set up a final assembly line in Nagpur and ensure 40% indigenous content, with bids closing on January 13.