Friday, February 13, 2009
The company has set up a new business division, Aerospace Manufacturing Division, to manufacture a host of components and aggregates.
According to V Mohan, director (defence business), BEML, the company is looking at a business worth Rs 100 crore in the next two years from the offset business opportunities.
"We are already in the business of making ground support equipment like aircraft towing tractors, automatic weapon loaders and crash fire tenders. We want to enlarge the product base in this sector by getting into the manufacture of various aerospace components and aggregates as we have a necessary machine shop and equipment ready at KGF and Mysore units," he said
Talking to Business Standard on the sidelines of Aero India 2009, here today, he said the company is currently in talks with several aerospace companies and is likely to enter into memorandum of understanding with them shortly.
"There is a big opportunity available as part of the offset business and we want to explore them as part of our diversification plans," he said.
BEML wants to manufacture a wide range of ground support equipment, small structures, gear and transmission aggregates among others. "The location for setting up a new manufacturing complex for aerospace components will be decided based on what type of components will be awarded to us by the customers," he said.
The company has recently exported 5 units of aircraft towing tractors to Honduras worth Rs 1.5 crore and is expecting more export orders.
12/02/09 Mahesh Kulkarni/Business Standard To read the news in full | PermaLink
According to V Mohan, director (defence business), BEML, the company is looking at a business worth Rs 100 crore in the next two years from the offset business opportunities.
"We are already in the business of making ground support equipment like aircraft towing tractors, automatic weapon loaders and crash fire tenders. We want to enlarge the product base in this sector by getting into the manufacture of various aerospace components and aggregates as we have a necessary machine shop and equipment ready at KGF and Mysore units," he said
Talking to Business Standard on the sidelines of Aero India 2009, here today, he said the company is currently in talks with several aerospace companies and is likely to enter into memorandum of understanding with them shortly.
"There is a big opportunity available as part of the offset business and we want to explore them as part of our diversification plans," he said.
BEML wants to manufacture a wide range of ground support equipment, small structures, gear and transmission aggregates among others. "The location for setting up a new manufacturing complex for aerospace components will be decided based on what type of components will be awarded to us by the customers," he said.
The company has recently exported 5 units of aircraft towing tractors to Honduras worth Rs 1.5 crore and is expecting more export orders.
12/02/09 Mahesh Kulkarni/Business Standard To read the news in full | PermaLink
