Mahindra & Mahindra (M&M) has signed Memorandum of Understanding (MoU) with Embraer Defense & Security with the objective of jointly fulfilling the acquisition of the C-390 Millennium multi-mission aircraft by the Indian Air Force in its upcoming Medium Transport Aircraft (MTA) procurement project.
Embraer and Mahindra will engage with the Indian Air Force to identify the next steps of the MTA program, as well as contact the local aerospace industry in India to start developing the industrialization plan for the project. The C-390 Millennium multi-mission tactical transport aircraft offers unmatched mobility, combining high productivity and operating flexibility with low operating costs, which is an unbeatable combination.
Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
Company Name | CMP |
---|---|
Maruti Suzuki | 12551.85 |
Mahindra & Mahindra | 2521.20 |
Mercury Metals | 70.65 |
Hindustan Motors | 38.58 |
Suzuki (India) | |
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