Wipro Infrastructure Engineering, the hydraulics business of Wipro Limited, On Tuesday said that is embarking on an expansion plan in the defence and aerospace segment.
“Our vision is to build a significant presence in the Aerospace and Defense market, leveraging on our experience and competence in precision engineering and machining space. Going forward, we see significant opportunities from this business,” said Pratik Kumar, President, Wipro Infrastructure Engineering.
Wipro as part of this strategy unveiled India’s first-ever aerospace actuator manufacturing facility at the Devanahalli Special Economic Zone near Bengaluru International Airport.
In the first phase, the plant set up in a 7.2 acre campus with an initial investment of Rs 65 crore million, will have an initial capacity to produce 2,000 actuators a year. The existing infrastructure allows for expansion of the capacity up to 8,000 actuators per annum.
Industry estimates put the global actuator systems market at $3 billion. Aerospace actuators have various applications in an aircraft, including landing gear, flight control systems, engines and utilities.
In May 2011, Wipro Infrastructure Engineering signed an agreement with Spanish company CESA (Compania Espanola de Sistemas Aeronauticos S A), a subsidiary of the global Aerospace and Defence Corporation, EADS, for the manufacture of precision engineering components.
The pact involves transfer of technology as well as manufacturing aerospace actuators and related precision engineering components by Wipro for CESA.
Wipro Infrastructure Engineering plans to double the initial investment over the next six years to expand capacity and add new product lines in precision manufactured components.
“We have ambitious plans for this business and are in talks with several players to develop multiple product lines. Our facility, with end-to-end capabilities from product development, manufacturing to testing, is well positioned to partner global OEMs/tier-Is, who are looking to extend their supply chains to cost-competitive countries like India and also to meet their Offset obligations,” said Sunil Rajagopalan, Business Head for Wipro Infrastructure Engineering–Aerospace and Defence.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
