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Novavayu Aerospace

Embraer’s ₹5.1 Lakh Stake in Mahindra’s Novavayu and the IAF Transport Contest

October 22, 2026 by Shiwangi Priya

Embraer Novavayu stake: C-390 Millennium tactical transport aircraft in flight

Less than two months after the Ministry of Defence issued its tender for 60 medium transport aircraft, Embraer agreed to pay about ₹5.1 lakh for…

Categories Defence, Defence Stocks Tags Airbus C-295, An-32, C-130J Super Hercules, C-390 Millennium, Defence, Defence Acquisition Procedure (DAP), Embraer, HAL, Indian Air Force, Mahindra Defence Systems, Make in India defence, Medium Transport Aircraft (MTA), Nagpur Defence Cluster, Novavayu Aerospace, Tata Advanced Systems, Vadodara FAL Leave a comment

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