Aerospace giants eye Indian market, manpower
Indications that India is not being viewed just as the new aerospace market by the US and European giants was provided by Peter Gutsmiedl, the Asia Pacific head of operations of the EADS company, Cassidian, which two years ago in the run up to the MRCA deal set up a Bangalore engineering centre.
“At the conclusion of the (MRCA) deal you see us still here. We are not here for one single project although I admit it was a big one. It has not changed our long term strategy for India. I am here to build a long lasting presence for Cassidian in India,’’ Gutsmeidl said with reference to the failure of the EADS-built Eurofighter Typhoon to bag the MRCA contract. “We have a commitment to India not only as a market but also to build industrial capabilities, and this is also to be seen in the context of the EADS group. Our intention is to build a long term industrial set up with Indian capabilities. It is not just a
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