STOCK MARKET BSE NSE

Boeing, Tata Advanced Systems' JV to Make Aero Structures in Hyd

Published: 10th November 2015 05:07 AM  |   Last Updated: 10th November 2015 05:07 AM   |  A+A-

TASL

HYDERABAD: Boeing and Tata Advanced Systems Ltd (TASL)on Monday announced a joint venture that will manufacture aero structures for aircraft and collaborate on integrated systems development opportunities in India.

According to a release issued by the TASL, the JV will initially create a manufacturing centre of excellence to produce aero structures in its Hyderabad facility for the AH-64 Apache helicopter and compete for additional manufacturing work across Boeing platforms, both commercial and defence.

Boeing and TASL intend to grow the JV partnership in the future, with a focus on opportunities to collaborate on development and selling of integrated systems, it said. Confirming the same, Telangana IT Minister K T Rama Rao tweeted, “Another big news for Telangana. Boeing & Tata Advanced System JV to manufacture Apache helicopters soon from Hyderabad #HappeningHyderabad.”

Chris Chadwick, president and CEO of Boeing Defence, Space and Security, said, “This partnership will capitalise on India’s industrial capability, innovation and talent to contribute to Boeing’s long-term competitiveness and position us for future growth in the global marketplace.”  “This agreement to establish a JV will propel the growth of the Indian aerospace sector by leveraging the world-class competencies of TASL and its supplier eco-system, as well as provide access to India’s world-class manufacturing capability, skilled talent and competitive cost structures,” TASL Chairman S Ramadorai said.

Boeing and Tata group companies have established partnerships in India to manufacture aero structures for Boeing’s commercial and military aircraft. Tata Advanced Materials has delivered composite panels for power and mission equipment cabinets and auxiliary power unit door fairings for the P-8I long-range maritime surveillance and anti-submarine warfare aircraft. TAL Manufacturing Solutions is manufacturing complex floor beams out of composite materials for the Boeing 787-9, the most modern aircraft.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp