Comments
Tata Group aims at further consolidation in the aviation and aerospace sector by rolling out a fully built new generation Dornier aircraft from its Hyderabad facility, in association with aircraft maker RUAG Aviation of Switzerland.
Tata Advanced Systems Ltd (TASL), which is spearheading the conglomerate’s interests in the aerospace sector, on Monday tied up with RUAG to set up a manufacturing unit in Hyderabad to make fuselages and wings for the new Dornier 228 aircraft.
It is also the first big-ticket investment for the new State of Telangana. Chief Minister K Chandrashekar Rao laid the foundation stone for the project here.
The company has become a significant player in the global aerospace market by setting up 100 per cent export-dedicated joint ventures with Sikorsky and Lockheed Martin near Hyderabad.
The joint venture with RUAG is its fourth in the aerospace sector.
“Our vision is to work with RUAG in having a full aircraft, equipped with all systems, flying out from a Tata Final Assembly. This will be of significant importance to the Indian armed forces in their desire to produce products locally,” said S Ramadorai, Chairman of TASL.
It was about two years ago that RUAG decided to relaunch its flagship Dornier aircraft with a completely new engine and fully digital cockpit.
In the last five years, the TASL has delivered over 70 Sikorsky S-92 copter cabins in a joint venture with Sikorsky, apart from empennage and centre wing box for the c-130 J aircraft in association with Lockheed Martin.
Boost for Telangana “TASL has been recognised for its product quality by the American Helicopter Society, the premier global organisation for vertical flight,” Ramadorai said.
The Chief Minister welcomed the Tata Group investment in Telangana, stating the group has become a “brand ambassador” of the new State.
He said the Government is set to put in place a novel single window system for clearances to industrial projects, as part of its new industrial policy.
“The single window system will be monitored by my office. All departments will be asked to give the clearances within strict time limit,” Rao said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.