Adani, Embraer to Partner for Civil Aircraft Assembly in India

• Adani Aerospace and Brazil's Embraer are set to announce a partnership next week to assemble commercial aircraft in India.
• This collaboration marks a significant boost for India's civil aviation industry and the government's 'Make in India' initiative.
• Adani Aerospace has signed an MoU with Embraer, the world's third-largest planemaker, for a regional jet final assembly line.
• The announcement, described as 'historic,' will take place at India's civil aviation ministry office.
• Embraer forecasts India will need at least 500 aircraft in the 80-146 seat range over the next two decades.

Why It Matters: Adani and Embraer are partnering to assemble civil aircraft in India, boosting domestic manufacturing.