Wednesday, February 18, 2015

Tata group to showcase its capabilities in defence and aerospace at Aero India 2015

The Tata group is displaying its end-to-end design to manufacturing capabilities at the Aero India 2015, the 10th international show on ‘Make in India’ in aerospace, defence, civil aviation, airport infrastructure and defence engineering, beginning on February 18 at Bengaluru, according to Tata group.

These include a range of solutions in the defence and aerospace sector in areas such as design, engineering, programme management, manufacturing and product lifecycle management, among others.

Defence and aerospace is a focus area of the Tata group. The combined order book of Tata companies operating in the sector is over Rs10,000 crore (over US$1.6 billion) and in 2013-14 alone these companies have invested over Rs320 crore (over US$50 million) in their respective businesses. Their expected revenue from the sector for FY15 is over Rs2,500 crore (over US$400 million), according to Tata group.

This year, nine Tata companies namely Tata Advanced Systems Limited, Tata Power Strategic Engineering Division (Tata Power SED), Tata Motors, Tata Advanced Materials, Tata Steel (Specialty Steel business in Europe), Tata Technologies, TAL Manufacturing Solutions, Titan Company (Precision Engineering Division) and Tata Consultancy Services are exhibiting their expertise and offerings at Aero India, Asia’s premier air show. Several of these companies work collaboratively to provide convergent defence solutions, and thus meet multiple requirements of their customers.
18/02/15 Financial
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