Airbus Group has appointed Ashish Saraf as Vice President for industry development, strategic partnerships and offsets and he ill drive the Airbus Group's existing 'Make in India' initiatives and conceive new ones for all the businesses of the India with the aim to increase their industrial footprint here, a release said today.
Airbus had in June, during Prime Minister's Modi's tour to France, when he visited Airbus headquarters in Toulouse as well, announced that it would increase its cumulative sourcing from India to USD 2 billion by 2020.
Airbus Group's ambition is to be a benchmark setting company when it comes to realizing the 'Make in India' vision of the Indian government, he said.
Significantly, the European aviation major had in Mid-last year announced uniting its all business verticals in India under single entity, Airbus Group India Private Limited, saying that the move would allow it, among other things, to "greatly support" the 'Make in India' initiative.
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Prior to joining Airbus Group, Saraf was the India head of the Tata Sikorsky joint venture since 2010 and led Sikorsky's industrialisation and strategic partnerships in India.
Airbus Group has been actively collaborating with India, including embedding local players in its global value chain and tying up with Indian partners to target several ongoing defence acquisition programmes.