Airbus Helicopters and SIDBI Sign MoU For Helicopter Financing In India

  • Airbus Helicopters and SIDBI have signed a Memorandum of Understanding (MoU) to finance the purchase of Airbus helicopters in India. 
  • The MoU was signed by Rahul Priyadarshi, Chief General Manager, SIDBI, and Sunny Guglani, Head of Airbus Helicopters, India and South Asia. 
  • The MoU aims to identify potential civil helicopter operators in India interested in financing solutions for purchasing Airbus helicopters. 
  • Airbus will provide technical and helicopter industry knowledge to SIDBI, who will evaluate these prospects and finance them exclusively for Airbus. 
  • The collaboration marks a significant foray of SIDBI into helicopter financing and meeting the financial and development needs of India’s rotary wing sector.
Posted in Current Affairs.