Embraer to buy 51% of Novavayu Aerospace from Mahindra Group

Business Oct 16, 2026

Brazil's Embraer is set to buy 51% of Novavayu Aerospace from India's Mahindra Group, with the deal expected to close by December 1, 2026.

This gives Embraer a bigger role in India's fast-growing aviation and defense scene and shows how much India matters in their global plans.

Deal strengthens Brazil India aerospace ties

By teaming up with Mahindra, Embraer gets a stronger local presence just as India's demand for air travel and military tech is taking off.

The move follows recent Brazil-India talks on boosting economic and defense ties.

Brazilian Industry and Trade Minister Marcio Fernando Elias Rosa even called out the need for closer aerospace cooperation at the G-20.

For both sides, it looks like a win for future growth and collaboration.