India has been attracting massive global attention and investor interest
for the past few months. The latest is European plane-maker Airbus,
which is banking on Bengaluru for new business ideas for its aircraft
programmes. It is for the first time in its 46-year history that the
company is seeking ideas from startups across the world. Airbus already
has an engineering centre in Bengaluru.
The company's first stop outside its French base is Hamburg, Germany, while the second would be the Silicon Valley, making it the latest global company to cash in on growing number of entrepreneurs in Asia's third largest economy, as per an Economic Times report.
The initiative is part of Airbus' business accelerator programme called BizLabs, under which it would select business ideas outside its French base and mentor them.
Till now, it has only scouted for ideas within the group. The only level where it has engaged with other companies is for supply of plane parts or technology.
Read news in full 02/06/15 Business Insider
The company's first stop outside its French base is Hamburg, Germany, while the second would be the Silicon Valley, making it the latest global company to cash in on growing number of entrepreneurs in Asia's third largest economy, as per an Economic Times report.
The initiative is part of Airbus' business accelerator programme called BizLabs, under which it would select business ideas outside its French base and mentor them.
Till now, it has only scouted for ideas within the group. The only level where it has engaged with other companies is for supply of plane parts or technology.
Read news in full 02/06/15 Business Insider
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