Mahindra & Embraer Partner to Manufacture C-390 Aircraft in India

The recent strategic initiative of Mahindra & Mahindra is a great milestone to the India’s self-reliance in defence. M&M’s shares rose 2.14 percent to 3,637.30 upon entering into a strategic cooperation deal with Brazil-based Embraer Defense and Security to present the C-390 Millennium military transport aircraft to India.

The deal was signed in New Delhi when the Embraer national office in Aerocity was inaugurated and it is a follow-up to a memorandum of understanding signed in February 2024 at the Brazilian Embassy. The partnership is aimed at developing the C-390 Millennium as the Medium Transport Aircraft (MTA) programme of the Indian Air Force.

The two companies will collaborate with the rising aerospace ecosystem in India in a bid to explore the local manufacturing, assembly, supply chain, and maintenance opportunities. The project will further help India become a regional center in the C-390 Millennium to cater to both the domestic and export markets.

Bosco da Costa Junior, President and CEO of Embraer Defense & Security, said the partnership “reflects a shared commitment to the Atmanirbhar Bharat initiative and deepens India-Brazil ties.”

Vinod Sahay, Member of the Mahindra Group Executive Board, noted that the collaboration “aligns with India’s Make in India vision and supports the country’s defence self-reliance goals.”

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The C-390 Millennium, which can carry up to 26 tonnes of payload and travel at speeds up to 470 knots, has been credited with being versatile in terms of its operation, such as transporting troops, cargo, medical evacuation and humanitarian aid. It has already been commissioned in Brazil, Portugal, Hungary, the Netherlands, Austria and in South Korea with a mission completion rate of more than 99.

In the case of Mahindra, this alliance will enhance its diversified leadership in mobility, technology, and manufacturing and will support the aerospace aspirations of India.