Manufacturing base, billion dollar investment in India over 10 years: Airbus

New Delhi: European aircraft manufacturing giant Airbus Industrie intends to establish a manufacturing base in India over the next three-four years, a top company official said Tuesday.

"We don't want to copy what we have done in China (having an aircraft manufacturing base there). China started more on the manufacturing side, but the biggest development in India was on engineering and services sector.

"... But we plan to develop manufacturing base in India in the next three to four years," Eric Zenin, head of Airbus business development and international cooperation, told reporters here.

Airbus, director, international cooperation, Swaminathan Dwarakanath, said the company would invest about $1 billion in India over the next 10 years if it found the "right partners and the right projects" as part of its globalisation plans.

According to executive vice-president, Christian Scherer, Airbus planned to sub-contract up to 20 per cent of aero structures and 30 per cent of engineering services offshore by 2020 and "India will get a large chunk of this business". This is part of its move to shift portions of its manufacturing operations out of Europe.

Scherer pointed out that Airbus Industrie already had five engineering centres outside Europe -- two in the US and one each in Bangalore, Beijing and Russia.