Saturday, August 12, 2023

Boeing officials visit Kochi firm; may source components for its aircraft

Kochi: In a boost to the ‘Make in Kerala’ initiative, a team from US multinational aviation major Boeing visited Kochi-based  Compaero India to explore sourcing of critical components for its aircraft from the local company. Compaero India, founded in 2017 by  Ranjith Thomas Cyriac and his US partner Robert Small, specialises in the design and testing of components for the aerospace and defence industries. “Boeing officials from its headquarters in the US and its Bengaluru office have come to discuss sourcing  components from us,” said Ranjith, the managing director of Compaero India. 

“They have identified the areas to collaborate, and the  talks are in the initial stages. Boeing has asked us to initiate the paperwork,” he told TNIE. Compaero India, which has a turnover of  Rs 5 crore and employs 20 people at its Kochi unit, has customers in Finland, Norway, Italy, and Israel. If the Boeing deal is  clinched, it will become the first company in Kerala to supply critical components to the US multinational giant.

Ranjith, who began his career as a design engineer at the military  aerospace division of FCI-OEN at Kochi in 2002 after completing his engineering from Regional Engineering College, Jaipur (now NIT,  Jaipur), has a 51% stake in Compaero India, while his US partner Robert owns the remaining 49%. 

12/08/2023 Rajesh Abraham/New Indian Express


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