Tatas explore tie up with US co for defence equipment

Tatas explore tie up with US co for defence equipment
PTI
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First Published: Tue, Feb 05 2008. 03 56 PM IST
Updated: Tue, Feb 05 2008. 03 56 PM IST
Mumbai: The Tata group is looking at a tie up with Microbotics, a US aerospace research and development company, to bring its products to India, an official of US- India Business Alliance said.
“There was a meeting between Tata and Microbotics officials to discuss opportunities that might exist in India for the US company,” said Manohar Thyagaraj, USIBA director Manohar.
Tata and Microbotics officials met on Monday in Mumbai and are scheduled to meet again on Thursday in Bangalore.
Microbotics focuses on controls, instrumentation and navigation systems. It specialises in Global Positioning System and Inertial Navigation System applications.
Microbotics officials would be meeting other public sector companies, which are into defence equipment development, in Bangalore, according to Thyagaraj.
US companies, which have unique technological solutions, are looking at the large opportunities that India has to offer, he said.
US is looking at India as a long-term partner for security, he added.
The US delegation would head to Bangalore tomorrow to meet officials of Biocon and Strides Acrolabs.
Many private sector companies have already entered in to manufacturing of defence equipment. Besides Tatas, others include Godrej, Mahindras and Larsen and Toubro.
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First Published: Tue, Feb 05 2008. 03 56 PM IST