Wipro Infrastructure Engineering (WIN) has formed a strategic alliance with Israel Aerospace Industries (IAI) to set up a factory in India that will manufacture composite aero-structure parts and assemblies for aircraft manufacturers.
The announcement coincided with Indian Prime Minister Narendra Modi’s maiden visit to Israel.
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Under the strategic alliance, WIN will develop a manufacturing facility in India in collaboration with IAI, reported The Hindu.
The facility will manufacture composite structures adhering with the requirements of global aircraft original equipment manufacturers (OEMs) and tier-1 suppliers and the guidelines set by the Indian Government, along with the Ministry of Defence.
WIN CEO Pratik Kumar was quoted by the online publication as saying: “This partnership will not only strengthen our presence in the growing aerospace sector but will also help us explore emerging business opportunities in key markets.”
WIN expects that the investment in the aerospace industry is going to be strategic for its future.
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By GlobalDataThe Hindu Business Line noted that in 2013, WIN had established India’s first aerospace actuator manufacturing facility in the Devanahalli Special Economic Zone in Bangalore.
Last year, it acquired Israel-headquartered HR Givon, which manufactures metallic parts and assemblies for the aerospace industry.
Givon owns three manufacturing plants, two of which are situated in Israel and the other one in the US.
