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WORLD NEWS | India represents huge market opportunity for all our business units: Thales

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Pascale Sourisse, Senior Executive Vice President International Development, Thales (Photo/ANI)

by Shailesh Yadav

Paris [France]June 21 (ANI): Paris-based defense group Thales said India offers significant market opportunities for various business segments at the Paris Air Show, the world’s largest air show, alongside UK’s Farnborough takes turns at Le Bourget for the first time in four years after the 2021 edition fell victim to the pandemic.

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According to Pascale Sourisse, Senior Executive Vice President, International Development, Thales, India offers huge market opportunities in various business sectors including civil aviation, digital identity, security and satellites.

In an exclusive interview with ANI, Sourisse said, “Indigo Airlines’ order for 500 aircraft is a clear indication that the Indian market is booming. So for us, India represents a huge market opportunity across all our business segments, fans, see Civil aviation, digital identity and security, and satellites.”

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Talking to ANI, Sourisse said that this order from Indigo is a clear indication that the Indian market is booming and that there are large players in India.

Sourisse highlighted India’s strong economic growth of more than 6%, which is remarkable for a large country. She expressed enthusiasm for the prospects this growth holds for Thales.

Sourisse further stated, “Air India’s and Indigo’s aircraft orders show that the civil aviation sector is developing and Thales is directly involved in civil aviation. Firstly, we are the avionics solutions provider for Airbus and directly to the airlines that provide our in-flight services Providing services entertainment and connectivity solutions.”

“So these announcements about mega-orders are a good sign that we can respond to new opportunities. Besides that, another area that Thales is moving into is the field of air traffic management. Obviously, there will be new opportunities for air traffic management. The requirements for the number of aircraft will increase significantly because the number of aircraft is changing,” she added.

The senior executive vice president of Thales said that they have identified India as a very strategic country for the group. As such, Thales has started deploying capabilities in India.

“Our presence in India is 70 years old. Our first experience in the country was in radar field in 1953 and since then we have continued to expand. We have about 2000 people today. The development of Indian civil aviation has also It shows that it is a good idea for us to continue to expand in India and expand our presence,” she said. (Arnie)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)


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