Pratt & Whitney to step up component sourcing and form 5 manufacturing JVs

Bangalore: Aircraft engine maker, Pratt & Whitney, a United Technologies Corp company, plans to step up sourcing of components from India. The company is currently working with 16 Indian engine parts suppliers.
Pratt & Whitney is also holding discussions with five Indian companies to form joint ventures for manufacturing engine parts in India. One of these joint ventures could be announced sometime next week, said  Vivek Saxena, country manager, Pratt & Whitney.
The company plans to double the headcount at it’s sourcing office in Bangalore to about 80 people in three years. It’s local sourcing of components and engineering services will increase 10-fold by 2014, to around $150-200 million a year from the current $15 million.
Pratt & Whitney is also exploring partnership opportunities with L&T, the Tata Group and other companies. The company is working with it’s suppliers in India to bring them up to the required quality standards.
Boeing Company and the Indian Air Force reached preliminary agreement on the purchase of 10 C-17 Globemaster III military transport aircraft, and are now in the process of finalizing the details of the sale. The preliminary agreement represents the purchase of approximately 45 engines for Pratt & Whitney.
09/02/11 Anand, James/Machinist

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