Tata Advanced Systems signs deal with Bell Helicopter
Tata Advanced Systems Ltd (TASL) and US-based Bell Helicopter have signed a deal to jointly develop the helicopter market in India.
The agreement seeks to support of India’s aviation and defence modernization initiatives with an emphasis on ‘Make in India’.
Under this agreement
- Both companies will jointly develop the helicopter market in India, including potential production and assembly, training, maintenance, repair and overhaul (MRO).
- They will also undertake research and development (R&D) and technology sharing. They will develop both commercial and government (including military) rotary wing markets in India.
About Tata Advanced Systems Limited (TASL)
- TASL is the strategic Aerospace and Defence arm of the TATA Group. It is a wholly owned subsidiary of Tata Sons.
- TASL is the fastest emerging company in India’s Defence and Aerospace sector. It has established capabilities and demonstrated deliveries in Aerospace & Aero-Structures, Missile Systems, Radar Systems and Command & Control Systems etc.
Month: Current Affairs - July, 2016