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Eurocopter signs two joint ventures with Pawan Hans

Eurocopter signs two joint ventures with Pawan Hans
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First Published: Tue, Mar 02 2010. 10 56 PM IST
Updated: Tue, Mar 02 2010. 10 56 PM IST
Hyderabad: Helicopter maker Eurocopter signed two equal joint venture agreements with India’s state-owned Pawan Hans Helicopters Ltd for setting up a maintenance, repair and overhaul (MRO) centre and a training centre, either in Delhi or Mumbai.
Eurocopter, which has a partnership with military plane maker Hindustan Aeronautics Ltd (HAL), is exploring similar industrial cooperation with 30-40 Indian companies in the private sector, aimed at sourcing equipment, manufacturing components and obtaining engineering services, said Eurocopter India chief executive officer Marie-Agnes Veve.
“We have already signed close to 40 memoranda of understanding with the Indian private sector players such as Tatas, Mahindras and Larsen & Toubro. The idea is (to) have our manufacturing and assembling facility in India going forward,” she said.
The European company is also firming up a strategy to set up an engineering centre similar to the one Airbus SAS has in Bangalore, said Veve.
Seeking to tap growing demand from the corporate and VIP transport segments, the company plans to offer medium-range helicopters such as the five-seater EC-155 and longer-range 20-seater AS365N3 to potential customers.
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First Published: Tue, Mar 02 2010. 10 56 PM IST