With a clear mandate from India’s 100-day-old government to make aerospace manufacturing a focus area for domestic and export markets, there is renewed interest by manufacturers to be in the forefront. This was clear at a recent conference the Center for Air Power Studies and the Confederation of Indian Industry held in New Delhi.
Switzerland’s Ruag Aviation (Hall 4 Stand E3/4) has entered into an agreement with Tata Advanced Systems (Hall 1 Stand B13) under which the Indian company will provide fully assembled fuselages and wings for the Do 228-212NG aircraft from its Hyderabad factory.
Tata is a leader in the Indian aerostructures sector, and holds a number of certifications, such as AS9100, Nadcap and ISO 14000.
The joint venture between Tata Advanced Systems and Sikorsky has delivered its first fully indigenous S-92 cabin. The Indian operation is now not only assembling cabins but also producing more than 5,000 associated precision components. At the Hyderabad factory, the capacity has reached four S-92 cabins per month and the 50th was produced in October.
Italy’s Piaggio Aero Industries (Stand 1906) announced before the Dubai Airshow that India’s Tata group is now its largest shareholder, with 44.5 percent of the company’s new equity.
After making a €190 million cash infusion, Tata Ltd., the British arm of the Indian Tata Group, and Abu Dhabi-based Mubadala Development became the main shareholders of Piaggio Aero Industries, while Piero Ferrari remains as a minority stakeholder. Before the transaction, Tata and Mubadala each owned a one-third share in the company.
The bid by Malaysia’s AirAsia to launch a low-fare airline in India with the Tata Group has hit some unexpected turbulence as Singapore Airlines prepares to launch a joint venture with the very same investors.
The corruption trial of former AgustaWestland CEOs Giuseppe Orsi and Bruno Spagnolini is set to resume this month, with defense lawyers prepared to call an international witness list of top government officials and industry leaders. The men are charged with orchestrating bribes in connection with the sale of 12 AW101s to the government of India in 2010 when Orsi was CEO of Finmeccanica unit AgustaWestland and Spagnolini was his deputy.
Slowly and steadily, a handful of Indian aerospace companies are getting absorbed into the global supply chain of OEMs. For instance, in the opto-electronics segment, the new Samtel-Thales Avionics joint venture “plans to become the first electro-optic house in the country,” said executive director Puneet Kaura.
As India celebrated the centenary year of commercial aviation last month, the nationπs business aviation sector is poised for exponential growth fueled by the nation's expanding economy.
London-based Design Q has taken its work creating private jet cabins to a new level. Ground level, that is. The latest is a stretched Range Rover that the company says “will allow VIPs to travel in exactly the same comfort on the ground as in the air.”
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