Tatas to enter aircraft component manufacturing
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Tata Group, pioneers of Indian civil aviation industry, is planning
to foray into manufacture of aircraft components for exports, reports
Economic Times.
For setting up the component manufacturing plant, the group is
aquiring land at Special Economic Zone in Nagpur. Incidentaly,
Boeing, a US aircrfaft maker is also setting up a maintenance, repair
and overhaul facility at the Nagpur SEZ.
Tata Motors executive director (Finance) Praveen Kadle said that the
company has intentions to enter aerospace sector but nothing has been
finalised.
Maharashtra Airport Development Company vice chairman and managing
director R C Sinha, whose firm is in charge of putting up the Nagpur
SEZ project, said that a Tata company is taking up the land for
aircraft component business.
The Tata Group had started Tata Airlines in 1932, which was later
taken over by the government that turned it into Air India.
Source: http://www.myiris.com/newsCentre/newsPopup.php?fileR=20070803072810166&d...
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Govt needs to act responsibly here
Hi,
This is certainly a good news for Nagpurians - but still govt needs to handle this matter seriously.
In early 90s TATA wanted to start private Airlines, for which they wanted to license from Govt. Govt kept them waiting for 8 years - after which TATAs withdrew their plans - even though govt persuaded them. TATAs are real business people.
Govt needs to be become serious while handling top business houses, and provide required infrastructures to them.
Good Day
Vinay
http://www.nagpurpulse.com
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