Tuesday, July 15, 2014

Wipro Infra ties up with global aviation companies for components

Bangalore: Wipro Infrastructure Engineering (WIN), the privately-owned business of Azim Premji, has strengthened its presence in the aerospace segment through partnership with two global aviation majors to manufacture high precision components. WIN expects more opportunities with the likely opening of the sector to foreign investors.
WIN had opened a facility to manufacture aerospace actuators components at Devanahalli on the outskirts of Bangalore in February 2013 and has two global customers. One of them is CESA, a subsidiary of EADS and the pact involves transfer of technology as well as manufacturing aerospace actuators and related precision engineering components. WIN did not name the other aviation customer.
This has set the stage for WIN to use this manufacturing facility. Speaking to FE, WIN CEO Pratik Kumar said, “The opportunity is huge and we are well positioned with a strong platform to take our growth going forward.”
15/07/14 PP Thimmaya/Financial Express
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