Mahindra to Manufacture Components for Airbus, Embraer in $300M Aernnova Pact

by R. Suryamurthy June 19, 2025

By R. Suryamurthy June 19, 2025 0 comments 1 minutes read

Managing Director and CEO of Mahindra Aerostructures, Arvind Mehra with CEO of Aernnova Ricardo Chocarro. PHOTO: Mahindra

Spanish aerospace firm Aernnova Aerospace, SAU and India’s Mahindra Aerostructures Pvt. Ltd (MASPL) have signed a multi-year contract valued at approximately $300 million, the companies announced on June 17, 2025.

Under the agreement, MASPL will manufacture metal sub-assemblies and components for various Airbus aircraft and Embraer aircraft families, including the Embraer C390 Millennium military transport aircraft.

The components will be supplied to Aernnova sites in Spain, the UK, Portugal, and Brazil, further strengthening a collaboration that began in 2013.

CEO of Aernnova, Ricardo Chocarro, said the partnership would “reinforce its supply base to secure production ramp-ups in our factories for all our programs, fulfilling our mission to deliver to our customers.” He expressed confidence in MASPL’s “expertise and high-end technology capabilities.”

Group CEO & MD of Mahindra Group, Anish Shah, welcomed the agreement, stating, “As we scale up our operations and make significant investments in our Aerospace business, we look forward to enhancing this partnership and scale new heights.”

Managing Director and CEO of Mahindra Aerostructures, Arvind Mehra, emphasized the deal’s importance, noting it “builds significantly on our existing relationship with their UK subsidiary and also opens up several opportunities to make in India.”

Aernnova had supported MASPL in the early stages of its facility development in India, aiding in design, development, and skill assessment. The relationship expanded in 2020 when Aernnova acquired Hamble Aerostructures (UK), an existing MASPL customer.

Both companies said they intend to progressively grow the size of their relationship in the coming years.