23.07.2010, 16:08
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Zitat:Corporate News
Ratan Tata to head helicopter joint venture
Indian Rotorcraft, the Tatas’ joint venture with AgustaWestland, will manufacture the eight-seat AW119
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State-owned Hindustan Aeronautics Ltd (HAL) is the only other helicopter maker in India. Another Tata group company, Tata Advanced Systems Ltd, has a joint venture with Sikorsky Aircraft Corp., a subsidiary of US-based United Technologies Corp., to assemble helicopter cabins in India. The venture was announced in November.
Indian Rotorcraft’s plant, to be set up in Hyderabad, will manufacture AgustaWestland’s eight-seat utility helicopter AW119, which will be rolled out by the end of 2011 or early 2012. The facility can also cater to military requirements if the need arises, Orsi said.
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The facility will be located at the aerospace park in the Hyderabad international airport campus.
“We initiated talks with two SEZs (special economic zones) in Hyderabad, one within the airport and one outside the airport, where Tata already has its existing operations. After evaluating, we have decided to go ahead with the SEZ within the airport as that will not just provide us with greenfield (space), but also other infrastructural benefits,” Orsi said.
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