SIDBI and Airbus Helicopters sign an MoU for helicopter financing in India
New Delhi: Airbus Helicopters and the Small Industries Development Bank of India (SIDBI), the primary financial institution of the Indian government supporting the growth of Micro, Small, and Medium Enterprises (MSMEs), have entered into a Memorandum of Understanding (MoU). This agreement aims to facilitate financing for the acquisition of Airbus helicopters in India.
Rahul Priyadarshi, Chief General Manager of SIDBI, and Sunny Guglani, Head of Airbus Helicopters in India and South Asia, signed the MoU. As per the terms, both Airbus Helicopters and SIDBI will collaborate to identify potential civil helicopter operators in India seeking financing options for purchasing Airbus helicopters. Airbus will offer its expertise and industry knowledge to SIDBI, which will assess these opportunities and provide exclusive financing solutions for Airbus helicopters.
Speaking on the occasion, Rahul Priyadarshi, Chief General Manager, SIDBI, said, “This a new area for financing to helicopter operators by SIDBI and is expected to open new avenues for financing MSMEs related to this segment.”
“The MoU with SIDBI opens a new chapter in making civil helicopters more accessible to operators in India, which will further position these rotary wing aircraft as a critical tool for nation building.