Airbus to set up R&D centre at Gati Shakti Vishwavidyalaya in Gujarat

Global aerospace giant, Airbus, will soon set up an R&D Centre of Excellence at Gati Shakti Vishwavidyalaya in Gujarat. Jürgen Westermeier, MD at Airbus, informed Ashwini Vaishnaw that the company is sourcing $1 billion+ worth components from 100+ Indian suppliers. Union Minister of Electronics & Information Technology, Vaishnaw met Westermeier on Thursday to speak about Airbus' India presence. According to the company website, Airbus contributes to India's economic growth by sourcing over EUR 1 billion annually in components and services for global exports. The aircraft maker has set up a Digital Centre in Bengaluru, terming it as the 'backbone' of Airbus' Digital Transformation.