indian_foxhound
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BANGALORE: Eurocopter plans to
set up a production line in India to
make its Fennec helicopters, if it
wins an Indian defence contract
for the aircraft, its chief executive
said on Thursday. The company, a unit of aerospace
and defence company EADS , is
competing for a contract to sell 197
reconnaissance and surveillance
helicopters. "We will set up a production line in
India," Eurocopter CEO Lutz Bertling
said at an airshow held in the Indian city of Bangalore. Bertling expects the government to decide on the
cheapest bids in the first half of 2013. "So after
further negotiations, the assembly line could
come up in mid-2014." The factory would produce between 25 and 50
helicopters a year, depending on the size of the
contract, he told Reuters, adding the company
was in talks with several local companies to set
up the production line. Eurocopter previously won a contract to sell 197
helicopters to India, but the deal fell through in
2007. Echoing comments by other executives at the
airshow, Bertling said there was no indication
that India's planned budget cuts would affect its
tenders in the country. India is planning cuts to its budget this year,
including some affecting defence, to reduce
spending by about 1.1 trillion rupees ($20.6
billion) in the current financial year, or some 8
percent of budgeted outlay. "We have zero indication that any request for
proposal (RFP) which is out already to be affected.
We can imagine for future programs it would be
bit of a stretch of delivery time," he said.
http://www.economictimes.com/news/n...helicopters-in-india/articleshow/18382385.cms
set up a production line in India to
make its Fennec helicopters, if it
wins an Indian defence contract
for the aircraft, its chief executive
said on Thursday. The company, a unit of aerospace
and defence company EADS , is
competing for a contract to sell 197
reconnaissance and surveillance
helicopters. "We will set up a production line in
India," Eurocopter CEO Lutz Bertling
said at an airshow held in the Indian city of Bangalore. Bertling expects the government to decide on the
cheapest bids in the first half of 2013. "So after
further negotiations, the assembly line could
come up in mid-2014." The factory would produce between 25 and 50
helicopters a year, depending on the size of the
contract, he told Reuters, adding the company
was in talks with several local companies to set
up the production line. Eurocopter previously won a contract to sell 197
helicopters to India, but the deal fell through in
2007. Echoing comments by other executives at the
airshow, Bertling said there was no indication
that India's planned budget cuts would affect its
tenders in the country. India is planning cuts to its budget this year,
including some affecting defence, to reduce
spending by about 1.1 trillion rupees ($20.6
billion) in the current financial year, or some 8
percent of budgeted outlay. "We have zero indication that any request for
proposal (RFP) which is out already to be affected.
We can imagine for future programs it would be
bit of a stretch of delivery time," he said.
http://www.economictimes.com/news/n...helicopters-in-india/articleshow/18382385.cms