Mahindra & Mahindra Limited has informed the Exchange regarding a press release dated October 17, 2025, titled "Embraer and Mahindra Group Forge Strategic Alliance to Introduce the C-390 Millennium to India".
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Mahindra Group has announced a strategic alliance with Embraer, the Brazilian aerospace major, to bring the C-390 Millennium military transport aircraft to India. The C-390 is a medium-lift, multi-mission military transport aircraft used by air forces globally. This partnership positions Mahindra as Embraer's local partner in India for this defense aviation platform, aligning with India's push for indigenisation and modernisation of military assets. The announcement comes via a press release dated October 17, 2025, shared with the exchanges.
Positive for Mahindra's defence and aerospace ambitions, opening a new revenue stream in a high-growth, government-backed sector. Likely to boost investor confidence around the company's expanding defence portfolio, though commercial outcomes depend on final orders from the Indian Air Force.