Embraer acquires 51% of Indian subsidiary, eyes KC-390 sale to India

Embraer has acquired a 51% stake in its Indian subsidiary for R$27 million, establishing a formal foothold in India's aerospace market. This move aligns with ongoing negotiations to sell up to 80 KC-390 transport aircraft to the Indian Air Force, a potential multi-billion-dollar deal. The acquisition signals Embraer's strategic commitment to the Indian defense market, though the final aircraft sale remains unconfirmed.