Bangalore: Axis Aerospace & Technologies (AAT), owned by Rajya Sabha MP Rajeev Chandrasekar, is planning to establish a supply chain cluster in 75-acre land near the Bangalore International Airport to provide manufacturing and allied support facilities to global aerospace and defence companies.
AAT, which offers integrated product development services to companies such as Airbus, Bombardier, Caterpillar, Thales, Volvo among others, is also understood to be closing in on a key acquisition to tap the impending flow of offset orders into India.
Sudhakar Gande, Vice Chairman, Axis Aerospace & Technologies, said, "The relationship with Airbus, one of the key clients of AAT subsidiary CADES, has been progressing well, and the ODC (Offshore Development Centre) that has been set up for Airbus is on track to achieve its business objectives and goals."
"As part of AAT’s growth strategy, we are actively scouting the market for acquisitions to expand our offerings in engineering services for both the civil/commercial as well as defence/offset markets," he added.
15/10/12 Raghuvir Badrinath/Business Standard
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AAT, which offers integrated product development services to companies such as Airbus, Bombardier, Caterpillar, Thales, Volvo among others, is also understood to be closing in on a key acquisition to tap the impending flow of offset orders into India.
Sudhakar Gande, Vice Chairman, Axis Aerospace & Technologies, said, "The relationship with Airbus, one of the key clients of AAT subsidiary CADES, has been progressing well, and the ODC (Offshore Development Centre) that has been set up for Airbus is on track to achieve its business objectives and goals."
"As part of AAT’s growth strategy, we are actively scouting the market for acquisitions to expand our offerings in engineering services for both the civil/commercial as well as defence/offset markets," he added.
15/10/12 Raghuvir Badrinath/Business Standard
