This historic agreement between Air India, Airbus, and Rolls-Royce shows that the UK's thriving aerospace industry has no boundaries, according to Sunak. Sunak pointed out that Rolls-XWB Royce's engines will power the A350 aircraft, and Airbus will produce the wings in the UK.
He noted that the agreement will increase employment in the UK's aerospace industry, which will have around 1,11,000 workers. According to the UK Prime Minister, export wins like this are a major boost to the UK trade-a critical way that can build the economy because India is expected to have the third-largest economy in the world by 2050.
The world's largest aircraft order was the topic of a conversation between Prime Minister Narendra Modi and US President Joe Biden and French President Emmanuel Macron. According to a White House press release, President Biden mentioned how the sale of more than 200 Boeing aircraft will sustain over a million jobs in the US and aid Air India in meeting its transportation needs.
The release further stated, “This announcement also reflects the strength of the US-India economic partnership. Together with Prime Minister Modi, I look forward to deepening our partnership even further as we continue to confront shared global challenges– creating a more secure and prosperous future for all of our citizens.”
The Air India-Airbus pact, according to French President Emmanuel Macron, "marks a new stage in India and France's strategic alliance." In a tweet, Macron said that the agreement between Airbus and Tata Sons this morning marks a new phase in the strategic alliance between France and India. He appreciates Narendra Modi's support of France and his sector.