Embraer, a Brazil-based aerospace company, has announced the formation of a wholly owned subsidiary in India, with its corporate office located in AeroCity, New Delhi. The company stated that the move is aimed at expanding its presence across defence, commercial aviation, business aviation, services and support, and urban air mobility segments. The subsidiary will focus […]
Samvardhana Motherson International Limited (SAMIL), through its wholly owned subsidiary SMP Automotive Produtos Automotivos do Brasil LTDA (SMP Brasil), has agreed to acquire 100% of Baldi Industria e Comercio LTDA, a Brazilian Tier 2 automotive supplier. The transaction is valued at approximately BRL 47 million (USD 7.8 million) and is expected to close by the […]
Embraer, a Brazilian aerospace manufacturer, is exploring opportunities to expand its supply chain in India, with a focus on defense, commercial aviation, and executive jet businesses. A delegation from the company recently visited India to assess potential suppliers for components such as aerostructures, machining, sheet metal, composites, forgings, wire harnesses, and hardware and software development. […]
