December 12, 2024 18:19 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | Bengaluru techie's suicide: Atul Subhash's wife and her family booked

Boeing, TATA Joint Venture establishes aerospace facility in Hyderabad

| | Jun 19, 2016, at 12:33 am
Kolkata, June 18 (IBNS) Boeing and Tata Advanced Systems on Saturday celebrated the foundation laying of a new facility in Hyderabad for its joint venture named TATA Boeing Aerospace Limited (TBAL).

The joint venture has been established to co-produce Boeing AH-64 Apache helicopter fuselages and other aerostructures, as well as to pursue integrated systems in aerospace.

The Hyderabad production facility will eventually be the sole producer of AH-64 fuselages globally. The Apache has been flown or selected for acquisition by the United States and 15 other nations, including India.

Participating in the ceremony were Manohar Parrikar, defence minister, Government of India; K. T. Rama Rao, honorable minister of IT and Industries & Commerce, Telangana; and other dignitaries from the Telangana government.

“The joint venture between Tata and Boeing is a significant step in developing India’s capabilities for aerospace & defence manufacturing and becoming a global exporter. This is a clear example of the significant progress made towards “Make in India for defence,” said Manohar Parrikar, Union Defence Minister. “I am delighted to see Boeing and Tata step forward and make this substantial investment, in defence FDI.”

Speaking on the occasion, S. Ramadorai, Chairman of Tata Advanced Systems Ltd (TASL), said, “Today’s ground-breaking ceremony is a significant milestone in furthering our commitment to the Indian aerospace sector. With the advent of the Industrial Revolution 4.0 this partnership could boost the emerging manufacturing sector, contributing to the Hon'ble Prime Minister's vision of Make in India. I am positive that this joint venture which brings together the core strengths of both companies will help take this strategic relationship to the next level."

“This joint venture is an exciting advancement for Boeing in leveraging our capital and expertise globally,” said Pratyush Kumar, president, Boeing India, and board member of TBAL. “I am delighted that every such step we take is forging the way towards building an indigenous aerospace ecosystem in support of Make in India.”

In November 2015, Boeing and Tata announced a joint venture for manufacturing aerostructures and collaboration on integrated systems development opportunities in India.  This joint venture will create a manufacturing center of excellence to produce aerostructures for the AH-64 Apache and provide affordable manufacturing capabilities to the global aerospace industry.

“Today’s groundbreaking is the next step in Boeing and TASL’s journey to develop key technologies and capabilities,” said Dave Koopersmith, Boeing vice president, Vertical Lift, and board member of TBAL. “We will be making significant investments to ensure the success of this joint venture as we bring value to our customers globally and compete for additional manufacturing work in the global market.”

“We are proud to partner with Boeing to manufacture complex aerospace aerostructures parts out of India”, said Sukaran Singh, MD & CEO, Tata Advanced Systems, and Board Member of TBAL. “Tata Advanced Systems has developed expertise in manufacturing as well as in large scale systems integration work in the aerospace and defence sector. Our capabilities are further enhanced through collaborations and partnerships with leading global aerospace majors. We intend to grow this unique joint venture partnership with Boeing, focusing on opportunities to collaborate on development and life cycle management of integrated systems.”

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.