European aerospace and defence group EADS will invest 2 billion euros ($2.57 billion) over the next 15 years in India in production as well as research and development facilities, Financial Times Deutschland reported.
The group, currently represented there only by an Airbus branch office, plans cooperation between its Eurocopter subsidiary and India's HAL to develop a new army helicopter.
The project is expected to be announced next week during a visit to India by German economics minister Michael Glos, the paper wrote without citing sources.
They want to sell Dhruv to the world without accepting it....cos no kickbacks and now they want EADS to make one for them cos some palms are greased.....
I remember the poem of Shri Rabindranath Tagore who one said....Father let my country awake in that light of freedom.....and today all i see is scarlett everywhere