Wednesday, September 25, 2013

Japanese firm looks for tie-up outside HAL

Kochi: Even as a joint working group — set up in the wake of Prime Minister Manmohan Singh’s visit to Japan early this year — grapples with firming up modalities for possible cooperation and joint development of the Japanese ShinMaywa US-2 amphibious aircraft on offer to the Indian Navy, ShinMaywa Industries Ltd has intensified its search to identify an Indian collaborator, mainly for maintenance, repair, and overhaul (MRO) of the aircraft.
The company, however, wouldn’t want to partner with Hindustan Aeronautics Limited (HAL), as the public sector aerospace company “is too big and complicated for us.”
Having earlier shown interest in the Indian Navy’s requirement for nine such platforms, primarily to carry out search and rescue, the company, which has limited presence in the Indian civil aviation market for nearly 20 years, hopes to forge a strategic alliance with India in the larger context of the expanding Indo-Japan relations.
25/09/13 S. Anandan/The Hindu
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