Boeing and Tata Advanced Systems celebrated the foundation laying of a new facility in Hyderabad for its joint venture named TATA Boeing Aerospace Limited (TBAL). The joint venture has been established to co-produce Boeing AH-64 Apache helicopter fuselages and other aerostructures, as well as to pursue integrated systems in aerospace. The Hyderabad production facility will eventually be the sole producer of AH-64 fuselages globally. The Apache has been flown or selected for acquisition by the United States and 15 other nations, including India. Participating in the ceremony were Manohar Parrikar, Defence Minister, Government of India; K. T. Rama Rao, Minister of IT and Industries & Commerce, Telangana; and other dignitaries from the Telangana government. “The joint venture between Tata and Boeing is a significant step in developing India’s capabilities for aerospace & defence manufacturing and becoming a global exporter. This is a clear example of the significant progress made towards “Make in India for defence,” said Parrikar, Union Defence Minister. “I am delighted to see Boeing and Tata step forward and make this substantial investment, in defence FDI.” Speaking on the occasion, S. Ramadorai, Chairman of Tata Advanced Systems Ltd (TASL), said, “Today’s ground-breaking ceremony is a significant milestone in furthering our commitment to the Indian aerospace sector. With the advent of the Industrial Revolution 4.0 this partnership could boost the emerging manufacturing sector, contributing to the Hon’ble Prime Minister’s vision of Make in India. I am positive that this joint venture which brings together the core strengths of both companies will help take this strategic relationship to the next level.” “This joint venture is an exciting advancement for Boeing in leveraging our capital and expertise globally,” said Pratyush Kumar, …
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