SIDBI Signs MoU with Airbus Helicopters for Financing Purchases in India

Category : National Published on: May 24 2024

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The Small Industries Development Bank of India (SIDBI) signed a Memorandum of Understanding (MoU) with Airbus Helicopters to finance the purchase of Airbus helicopters in India, with the MoU signed by Rahul Priyadarshi, Chief General Manager (CGM) of SIDBI, and Sunny Guglani, Head of Airbus Helicopters, India and South Asia.
The agreement aims to provide financing solutions for potential civil helicopter operators in India, facilitating the acquisition of Airbus helicopters through SIDBI's support.
This collaboration between SIDBI and Airbus Helicopters is expected to boost the helicopter market in India by identifying and supporting civil operators interested in expanding their fleet with Airbus helicopters.