Spain rising as one in every of India’s sturdy defence companions: Ambassador

Express News Service

NEW DELHI: India is working carefully with Spain to strengthen its naval and air defence capabilities. In line with that India might think about shopping for 5 naval submarines from Spain. This follows an settlement India has signed with Spain for procuring 56 C295MW Airbus plane price Euro 2.5 billion, to switch the Indian Air Force (IAF) AVRO fleet.

“India is considering buying submarines and several countries including Spain are taking part in the tender. Spain considers that Navantia’s (a Spanish company) offer is very competitive in terms of quality, cost, transfer of technology and indigenisation. Navantia would be in charge of providing to the Indian Navy with state-of-the-art conventional Air Independent Propulsion (AIP) submarines – if the Indian government consider’s the offer,” stated Spain’s Ambassador to India, Jose Maria Ridao advised this paper.

Meanwhile, India signed an settlement with Spain for the acquisition of 56 Airbus plane at a price of Euro 2.5 billion.

“This contract is representative of the great potential between our two countries. On the one hand, it shows the importance of Spain´s defence industry and, on the other, it contributes to the “Make in India” policy. In that context, the first 16 aircrafts will be produced in Seville and the other 40 will be produced by Tatas with Spanish assistance,” Ambassador Ridao added.

This might be  the primary ‘Make in India’ aerospace programme within the non-public sector, involving the total growth of a whole industrial ecosystem: from the manufacture to meeting, check and qualification, to supply and upkeep of the whole lifecycle of the plane.

“Under the contractual agreement, Airbus will deliver the first 16 aircraft in ‘fly-away’ condition from its final assembly line in Seville, Spain. The subsequent 40 aircraft will be manufactured and assembled by the Tata Advanced Systems (TASL) in India as part of an industrial partnership between the two companies,” stated a spokesperson of Tatas.

The first 16 plane might be delivered over 4 years after the contract implementation. All the IAF C295MW plane might be handed over in transport configuration and geared up with an indigenous Electronic Warfare Suite.

With a confirmed functionality of working from brief or unprepared airstrips, the C295 is used for tactical transport of as much as 71 troops or 50 paratroopers, and for logistic operations to places that aren’t accessible to present heavier plane.

Meanwhile, in recent times, imports into Spain have tripled, in comparison with exports.

“In 2021, Spanish exports were €1,496.53M and imports from India were €4,200.10M, a coverage rate (which is the ration between the value of exports and imports) of 35.6%. In 2021, total exports increased by 37.1% as a sign of recovery after the pandemic,” stated Ambassador Ridao.

During the primary 5 months of 2022, Spanish exports to India have been €731.9 million and imports from India have been €2,466.7 million, which represents a protection charge of 29.67%.

NEW DELHI: India is working carefully with Spain to strengthen its naval and air defence capabilities. In line with that India might think about shopping for 5 naval submarines from Spain. This follows an settlement India has signed with Spain for procuring 56 C295MW Airbus plane price Euro 2.5 billion, to switch the Indian Air Force (IAF) AVRO fleet.

“India is considering buying submarines and several countries including Spain are taking part in the tender. Spain considers that Navantia’s (a Spanish company) offer is very competitive in terms of quality, cost, transfer of technology and indigenisation. Navantia would be in charge of providing to the Indian Navy with state-of-the-art conventional Air Independent Propulsion (AIP) submarines – if the Indian government consider’s the offer,” stated Spain’s Ambassador to India, Jose Maria Ridao advised this paper.

Meanwhile, India signed an settlement with Spain for the acquisition of 56 Airbus plane at a price of Euro 2.5 billion.

“This contract is representative of the great potential between our two countries. On the one hand, it shows the importance of Spain´s defence industry and, on the other, it contributes to the “Make in India” policy. In that context, the first 16 aircrafts will be produced in Seville and the other 40 will be produced by Tatas with Spanish assistance,” Ambassador Ridao added.

This might be  the primary ‘Make in India’ aerospace programme within the non-public sector, involving the total growth of a whole industrial ecosystem: from the manufacture to meeting, check and qualification, to supply and upkeep of the whole lifecycle of the plane.

“Under the contractual agreement, Airbus will deliver the first 16 aircraft in ‘fly-away’ condition from its final assembly line in Seville, Spain. The subsequent 40 aircraft will be manufactured and assembled by the Tata Advanced Systems (TASL) in India as part of an industrial partnership between the two companies,” stated a spokesperson of Tatas.

The first 16 plane might be delivered over 4 years after the contract implementation. All the IAF C295MW plane might be handed over in transport configuration and geared up with an indigenous Electronic Warfare Suite.

With a confirmed functionality of working from brief or unprepared airstrips, the C295 is used for tactical transport of as much as 71 troops or 50 paratroopers, and for logistic operations to places that aren’t accessible to present heavier plane.

Meanwhile, in recent times, imports into Spain have tripled, in comparison with exports.

“In 2021, Spanish exports were €1,496.53M and imports from India were €4,200.10M, a coverage rate (which is the ration between the value of exports and imports) of 35.6%. In 2021, total exports increased by 37.1% as a sign of recovery after the pandemic,” stated Ambassador Ridao.

During the primary 5 months of 2022, Spanish exports to India have been €731.9 million and imports from India have been €2,466.7 million, which represents a protection charge of 29.67%.