Saturday, November 15, 2014

IIMB to offer course in aerospace, aviation

Bengaluru: The Indian Institute of Management,?Bengaluru, (IIMB), in association with the Toulouse School of Business (TSB),?France, will offer a general management programme in aerospace and aviation for executives (GMAE).
The part-time and year-long course, set to commence in April 2015, will be offered as a certificate programme with an option for candidates to complete a full-fledged aerospace MBA?programme from the TSB in the second year.
According to IIMB professor S Raghunath, who is also one of the programme directors, India is set for a period of strong growth in the aviation sector. “Strong market growth rate and development of infrastructure will accelerate business opportunities for the aviation industry and related players. Our country has a record of consistent growth in air traffic in terms of passengers and cargo, and will continue to do so in the future,” he said, adding that both Indian and foreign companies have excellent growth opportunities in the aerospace value chain as players in developed economies are looking to cut costs and improve efficiency.
He added that with the expansion of growth in the sector, a number of companies would occupy a certain niche in the value chain relating to software, services and technology. Companies such as Tata Advance Systems Limited, Larsen and Toubro, Aviation Software Development Consultancy (a part of Tata), HAL, BEL, Acumen Aviation, Altran Aviation, Apollo Microsystems, Calsoft Labs are already in the fray, he added.
15/11/14 Ramzauva Chhakchhuak/Deccan Herald
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