Tata Sons arm in JV with Sikorsky to make aerospace components

Font Size

Print

Feedback

Email

Discuss

• Discount UK Shopping

Related Articles

Iran continues to import fuel from RILJet Air passenger traffic up 4th straight monthPTC arm raises Rs 100 cr

Mumbai: Tata Advanced Systems Ltd (TASL), a wholly owned subsidiary of Tata Sons, on Thursday said that it has signed an agreement with Sikorsky Aircraft Corp, a subsidiary of United Technologies Corp, to form a joint venture to manufacture aerospace components for Sikorsky in India, including those for S-92 helicopter cabins.

In June 2009, TASL entered into a long-term contract with Sikorsky to assemble S-92 helicopter cabins. Both the joint venture agreement and the cabin assembly contract stem from a memorandum of understanding signed in February 2007 by the companies to explore possibilities in the aerospace sector in India.

The joint venture will manufacture components for other aerospace original equipment manufacturers (OEMs) as well as detailed parts for Sikorsky S-92 helicopter cabin. The JV operations are expected to be housed in a second greenfield facility adjacent to the cabin assembly plant, which is under construction in Hyderabad. The cabin assembly plant will be ready by 2010, while the JV will commence production in late 2012.

Mick Maurer, senior vice-president of operations for Sikorsky, said: "Sikorsky's affiliation with Tata strengthens our supply chain and extends our globalisation efforts to establish significant operations in regions where the need for rotorcraft and support is great. India is certainly a key aerospace region, and we are thrilled to team with Tata and help serve and grow the business there."

Davinder Kumar, chief executive officer, Tata Advanced Systems, said: “This is part of our strategy to participate meaningfully in this space, and to enhance India's capacities in this sector.”