Brazil's Embraer optimistic about partnership with India for aerospace development

Embraer, a Brazilian aircraft maker, sees an opportunity to partner with India to develop a strong aerospace industry in both countries. The company's CEO, Francisco Gomes Neto on Friday said that the challenges in the global supply chain brought by the pandemic also create opportunities to develop new partnerships. He made these remarks at a panel discussion at the B20 Summit India 2023.

"India has a very competitive labour cost. India has the availability of engineering, design, (and) technical expertise, and we from Embraer, we have knowledge and experience to develop, certify and manufacture aircraft. So it seems to be a good opportunity to have collaboration," Neto said.

He further said, "I'm sure we can bring both things together, create a strong aerospace industry on both sides."

Neto highlighted that there are a lot of opportunities among the G20 nations for collaboration but it should be "more effective" and make things happen to help each other.

He recalled about the pandemic and said logistics and supply chain became a very big issue.

"We are suffering until now with the shortage of parts, shortage of specialised labour but I see a good opportunity here to improve the resilience in the supply chain (through) partnerships," Neto said.

Embraer is working to take the collaboration with its suppliers to the next level and bring more insights to share best practices to increase efficiency, he added.

"We are also looking for partners for innovation...we see a lot of opportunities of collaboration with the different G20 countries," Neto said.

Embraer, since its inception, has delivered over 8,000 aircraft and has more than 2,000 clients around the world, he said.

Inputs from PTI

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