Hyderabad: 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.
23/06/14 Amit Mitra/Business Line
To Read the News in full at Source, Click the Headline
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.
23/06/14 Amit Mitra/Business Line
