Billionaire Gautam Adani's aerospace and defence business and Brazil's Embraer will announce a tie-up next week to assemble commercial aircraft in India, a source with direct knowledge of the matter said, boosting the country's civil aviation industry. Adani Aerospace and Embraer sent invitations to the media teasing a "historic" development in commercial aviation on Tuesday. The announcement will be made at the office of India's civil aviation ministry, the invitation said. Embraer declined to comment, while Adani Aerospace and India's civil aviation ministry did not immediately respond to requests for comment. Nearly 50 Embraer aircraft of various types operate in India, including civil aircraft flown by regional carrier Star Air.

Source: The Telegraph January 23, 2026 16:47 UTC