Samvardhana Motherson International Ltd has recorded a major victory in the aviation sector. Samvardhana Motherson International Ltd has emerged as a Tier 1 supplier to Airbus Commercial Aircraft, joining the commercial aviation market. This long-term agreement makes Samvardhana Motherson a crucial player in the supply chain of Airbus. The deal will entail the supply of key parts for Airbus commercial aircraft, exemplifying the competency of the firm in manufacturing as well as the quality of output. The joint venture is intended to enhance the global footprint of Samvardhana Motherson as well as its revenue flow, in addition to helping propel India's capabilities in aerospace manufacture. The move highlights the escalating role of Indian suppliers in world aviation.
Source: Business Wire