Wipro set for bigger role in aerospace business

BS Reporter Bangalore
Last Updated : Feb 06 2013 | 7:40 AM IST
Wipro Infrastructure Engineering, the hydraulics business of Wipro Limited, today said it was embarking on an expansion plan in the defence and aerospace segment.

“Our vision is to build a significant presence in the aerospace and defence 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 aerospace actuator manufacturing facility at the Devanahalli Special Economic Zone near Bangalore International Airport.

In the first phase, the plant set up in a 7.2- acre campus with an initial investment of Rs 65 crore, 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 an 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.

Wipro, defence, aerospace,
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First Published: Feb 06 2013 | 7:12 AM IST

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