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Boeing, Tata joint venture establish aerospace facility in Hyderabad

By Swati Deshpande,

Added 20 June 2016

Joint venture will pursue integrated systems, services opportunities

Speaking on the occasion, S. Ramadorai, Chairman of Tata Advanced Systems Ltd (TASL), said, "Today's ground-breaking ceremony is a significant milestone in furthering our commitment to the Indian aerospace sector. With the advent of the Industrial Revolution 4.0 this partnership could boost the emerging manufacturing sector, contributing to the Hon'ble Prime Minister's vision of Make in India. I am positive that this joint venture which brings together the core strengths of both companies will help take this strategic relationship to the next level."

"This joint venture is an exciting advancement for Boeing in leveraging our capital and expertise globally," said Pratyush Kumar, president, Boeing India, and board member of TBAL. "I am delighted that every such step we take is forging the way towards building an indigenous aerospace ecosystem in support of Make in India."

In November 2015, Boeing and Tata announced a joint venture for manufacturing aerostructures and collaboration on integrated systems development opportunities in India.  This joint venture will create a manufacturing center of excellence to produce aerostructures for the AH-64 Apache and provide affordable manufacturing capabilities to the global aerospace industry.

"Today's groundbreaking is the next step in Boeing and TASL's journey to develop key technologies and capabilities," said Dave Koopersmith, Boeing vice president, Vertical Lift, and board member of TBAL. "We will be making significant investments to ensure the success of this joint venture as we bring value to our customers globally and compete for additional manufacturing work in the global market."

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