Aero India 2017 - New Project Avenues
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The largest aerospace and defence expo “11th edition of Aero India 2017” was held at Air Force Station, Yelahanka, Bengaluru, from 14 to 18 February, 2017. From the first edition in 1996, the event has gradually seen an increase in participation from different countries. This year, the expo was in line with Prime Minister Narendra Modi’s Make in India initiative.
The Defence Minister Manohar Parrikar inaugurated the five day event. A total of 51 countries took part in the event, with participation from 270 Indian and 279 foreign companies.
The Surya Kiran Aerobatics team (SKAT) of the Indian Air Force made a comeback after skipping two editions of Aero India. |
Major MoUs signed during the Expo:
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US defence contractor, Raytheon inked an MoU with Tata Advanced Systems (TASL) for co-production of Stinger air defence missile components, where TASL will produce components of the missile in India
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European aviation Airbus teamed up with the Government of Telangana, the National Skill Development Corporation India, and AEROCAMPUS France to set up Centre of Excellence for aerospace skill development at Begumpet Airport, in Hyderabad. This will be the first centre of Excellence in aerospace manufacturing in the country
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Airbus Helicopters signed an MoU with Pawan Hans (PHL) for maintenance services provider for the Dauphin and Ecureuil rotorcraft
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Dassault Reliance Aerospace (DRAL) will offset around Rs 30,000 crore obligation of 36 Rafale fighter jets supply agreement. In September 2016, India and France signed a purchase agreement to supply 36 Rafale fighter jets at a value of around Rs 60,000 crore. Reliance Defence has set up a joint venture “Dassault Reliance Aerospace (DRAL)” with France-based Dassault Aviation to execute the order; the JV for the same has been incorporated. DRAL has finalised the infrastructure requirements at Dhirubhai Aerospace Park at Mihan, in Nagpur. Construction work on the greenfield facility will commence in May 2017 and production will begin by 2017 end
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Hindustan Aeronautics (HAL) is planning a capital expenditure of Rs 17,500 crore over five to six years towards upgradation of aircraft, and to create new aircraft and modernise its manufacturing units. The company also inked another contract with Israel Aerospace Industries (IAI) for supply of the Boeing 737 Main Deck Cargo Door
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Aequs will set up a Rs 500 crore aerospace and defence manufacturing facility at Tuem Electronic System Design and Manufacturing (ESDM) hub, Goa. It will manufacture components and systems for the Indian defence industry, and the operation is expected to commence by February 2019
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The 10th edition of Aero India 2015, inaugurated by Prime Minister Narendra Modi in Bengaluru, also witnessed signing of the following major MoUs.
Kalyani group entered into a JV with Israel's Rafael Advanced Defence Systems (51:49) for developing and manufacturing a wide range of technology and systems in Hyderabad in Telangana.
TAL Manufacturing Solutions, the wholly-owned subsidiary of Tata Motors, secured a contract worth USD 19 million from Rolls Royce to manufacture and supply precision aero engine components to Trent XWB and Trent 1000.
ASSYSTEM and AXISCADES inked an MoU to deliver Engineering Service to Airbus Group.
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