joint venture

July 24, 2014 - 2:35pm

Universal Weather & Aviation’s attempt to form a joint-venture company in India to conduct its own ground handling services has been stymied by the rejection of its license application by Indian authorities. The Houston-based company has operated in India, providing trip support for the past decade, with its agents acting in a supervisory role for the local ground handlers it uses.

July 14, 2014 - 7:00am
Under a joint venture with Sikorsky, India’s Tata Advanced Systems, has produced, entirely locally, more than 70 S-92 cabins, one of which is flying for a customer in Brazil.

A slowdown in reforms in India over the past five years–and a virtual pause in procurement–may be about to change following renewed optimism and confidence as the new government shows, for the moment at least, that it is serious. As hectic activity takes place in the ministries of commerce, finance and defense, increasing manufacturing, exports and foreign direct investment (FDI) are focus areas of the new regime.

April 4, 2014 - 8:44am

Managers of foreign aerospace companies with joint-venture operations in China uniformly worry about the theft of their intellectual property, according to a Rand study issued on April 4. They believe that staying ahead of emerging Chinese competitors requires constant technological innovation, it added.

July 19, 2013 - 11:45am

Indian commerce minister Anand Sharma announced the raising of the country’s cap on foreign direct investment (FDI) in 13 important industrial sectors, including defense. But while the defense industry was expecting the cap to be raised to 49 percent from the present 26 percent, Sharma said that defense proposals for more than 26 percent will be permitted only for state-of-the art technology.

June 17, 2013 - 2:40am
Sikorsky S-92 cabins are now being manufactured in India under a joint venture with Tata Advanced Systems. The facility recently increased production to four units per month.

As vendors await the announcement of belated contracts, India continues to grapple with its ever-changing defense procurement policy, with the latest–DPP 2013–announced and effective from June 1. The focus of DPP 2013 is on buying Indian defense products, even though these can fill only a fraction of the country’s requirements.

April 23, 2013 - 3:48pm

AgustaWestland and Embraer have terminated joint-venture discussions for helicopter production in Brazil. The companies issued a joint statement yesterday announcing the decision, but declined to provide reasons why talks collapsed.

October 10, 2011 - 5:59pm

Pratt & Whitney Canada has formed a joint venture with China Aviation Engine Holdings, which will operate in Zhuzhou in China’s Hunan province.

October 10, 2011 - 5:59pm

Pratt & Whitney Canada has formed a joint venture with China Aviation Engine Holdings, which will operate in Zhuzhou in China’s Hunan province.

 
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