The settlement entails Tata Advanced Systems in India overseeing the manufacturing of H125 civil helicopters, the sources stated. Airbus didn’t reply to queries.

Track | Republic Day 2024 LIVE Updates here

Airbus and Tata have already got a number of agreements in place. Recently, Tata Advanced Systems introduced an settlement to fabricate and provide elements to Airbus for business jets such because the A320 and the A350. Additionally, the Indian firm will assemble the Airbus C295 army transport plane for the Indian Air Force.

Sources stated an official announcement of the deal may happen on January 26 after Macron completes his participation within the Republic Day parade in New Delhi alongside Indian Prime Minister Narendra Modi.

Also Read | PM Modi, French President Macron interact over a cup of chai in Jaipur, use UPI for payment | Watch video

President Macron, accompanied by a delegation that features Airbus CEO Guillaume Faury, Safran SA CEO Olivier Andries, and the heads of electrical energy utility EDF SA and Dassault Aviation SA, landed in Jaipur on January 25.

The relationship between France and India has been steadily strengthening, with a 25-year plan geared toward deepening cooperation in defence, nuclear vitality, and house, the report stated. Last yr Modi attended Bastille Day celebrations in France, the place he unveiled plans to amass three further submarines from France’s Naval Group and 26 marine Rafale fighter jets from Dassault Aviation SA.

Initiatives Announced for Students

Earlier within the Day, Macron took to X (previously often called Twitter) to announce that France plans to welcome 30,000 Indian students to the nation. He added that the nation will open new pathways for college kids, and in addition facilitate visa processes for Indians who’ve as soon as studied within the nation.

Stating his purpose of welcoming 30,000 Indian college students in France in 2030, Macron known as it a “very formidable goal”, adding that he is “determined to make it happen”. He additionally outlined how the purpose can be met.

Also Read | Republic Day 2024: Know significance, parade and flag unfurling timings. Full Schedule

“We are launching new pathways to learn French in public schools with the initiative “French for All, French for a Better Future”. We are developing the network of Alliances françaises, with new centres to learn French. We are creating international classes which will allow students, who do not necessarily speak French, to join our universities. Last, but not least, we will facilitate the visa process for any former Indian students who studied in France,” the assertion learn.

He additionally extolled the advantages of scholars selecting France. “Coming to France means on the lookout for excellence. We have now 35 universities within the QS rating and about 15 within the Times greater schooling rating. India and France have a lot to do collectively, now and sooner or later. We will obtain this with you, our younger individuals, in trade and cooperation, in belief, in friendship!” he wrote.

Milestone Alert!
Livemint tops charts because the quickest rising information web site on the planet 🌏 Click here to know extra.

Unlock a world of Benefits! From insightful newsletters to real-time inventory monitoring, breaking information and a customized newsfeed – it is all right here, only a click on away! Login Now!

Published: 26 Jan 2024, 02:23 PM IST