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Embraer announces deal to acquire 51% stake in Mahindra Group's Novavayu Aerospace: All you need to know

A defence development with market-wide reach.

· LiveMint Companies

Embraer has agreed to acquire a 51% stake in Mahindra Group-owned Novavayu Aerospace Limited, with the deal expected to close by December 1, 2026. The investment is set to expand Embraer’s presence in India’s commercial aviation and defence sectors.

Dates in focus
December 1

Defence orders carry long execution tails and policy tailwinds, which the market values for their visibility.

  • Sector exposure: Defence & Aerospace.
Defence & Aerospace