AgustaWestland, Tata Sons Establish A Joint Venture Company | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.05.25

Airborne-NextGen-05.06.25

AirborneUnlimited-05.07.25

Airborne-Unlimited-05.01.25

AirborneUnlimited-05.02.25

Wed, Feb 17, 2010

AgustaWestland, Tata Sons Establish A Joint Venture Company

New Enterprise Will Complete Final Assembly Of AW119 In India

AgustaWestland and Tata Sons have signed a Shareholders' Agreement for the formation of an Indian joint venture company which will establish in India a final assembly line for the AW119 helicopter for the worldwide market.

The agreement was signed in New Delhi Tuesday by Mr. Giuseppe Orsi, CEO, AgustaWestland and Mr. Ratan Tata, Chairman, Tata Sons. The joint venture company will be responsible for AW119 final assembly, completion and delivery while AgustaWestland will retain responsibility for worldwide marketing and sales. The first aircraft is scheduled to be delivered from the new facility in 2011 with production forecast to rise to 30 aircraft per year to meet worldwide demand.

Mr. Giuseppe Orsi, CEO, AgustaWestland speaking after the signing ceremony said "It gives us great pleasure to have achieved this important agreement with such a leading industrial partner in India. The establishment of a Joint Venture to set up an AW119 assembly line in India will provide extraordinary industrial opportunities both in the country and worldwide through the synergies generated by AgustaWestland and Tata Sons capitalizing upon the depth of their respective resources. We are committed to enabling Tata Sons to play an increasing role as an aerospace enterprise and to jointly exploiting future prospects in the growing Indian helicopter market." 

AW119 File Photo

It is envisaged that the joint venture company would be a supplier for the current Reconnaissance and Surveillance Helicopter (RSH) program of the Indian Armed Forces, for which AgustaWestland has already proposed the AW119 to be manufactured in India. Additionally, AgustaWestland and Tata Sons are exploring further commercial, technical and industrial collaboration opportunities in the rotorcraft industry to strengthen their strategic relationship.

FMI: www.agustawestland.com, www.tata.com

Advertisement

More News

ANN's Daily Aero-Term (05.05.25): Circle To Runway (Runway Number)

Circle To Runway (Runway Number) Used by ATC to inform the pilot that he/she must circle to land because the runway in use is other than the runway aligned with the instrument appr>[...]

ANN's Daily Aero-Linx (05.05.25)

Aero Linx: National Aviation Safety Foundation (NASF) The National Aviation Safety Foundation is a support group whose objective is to enhance aviation safety through educational p>[...]

NTSB Prelim: De Havilland DHC-1

At Altitude Of About 250-300 Ft Agl, The Airplane Experienced A Total Loss Of Engine Power On November 6, 2024, at 1600 central standard time, a De Havilland DHC-1, N420TD, was inv>[...]

Classic Aero-TV: The Boeing Dreamliner -- Historic First Flight Coverage

From 2009 (YouTube Edition): Three Hour Flight Was 'Flawless' -- At Least, Until Mother Nature Intervened For anyone who loves the aviation business, this was a VERY good day. Afte>[...]

Airborne-NextGen 05.06.25: AF Uncrewed Fighters, Drones v Planes, Joby Crew Test

Also: AMA Names Tyler Dobbs, More Falcon 9 Ops, Firefly Launch Unsuccessful, Autonomous F-16s The Air Force has begun ground testing a future uncrewed jet design in a milestone tow>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC