Wipro arm, Israel Aerospace to make aircraft structures

To make composite aerostructure parts and assemblies for aircraft makers

Wipro arm, Israel Aerospace to make aircraft structures
Ayan Pramanik Bengaluru
Last Updated : Jul 06 2017 | 2:52 AM IST
Wipro Infrastructure Engineering (WIN), a unit of Wipro Enterprises, and Israel Aerospace Industries (IAI) will set up a factory to make composite aerostructure parts and assemblies for aircraft makers.

Wipro Enterprises was spun out of information technology (IT) services major Wipro in 2013. It focuses on two major businesses — consumer care and industrial engineering & aerospace.

WIN and IAI, Israel's aerospace and defence manufacturer, announced the strategic alliance on Wednesday. Prime Minister Narendra Modi is on a three-day visit to Israel, the first by an Indian prime minister to the Mediterranean country. Wipro said: “The facility will make composite structures in India for global markets and address the compliance requirements of IAI, other OEMs (original equipment manufacturers) and Tier-1 suppliers to meet defence offset guidelines detailed by the Ministry of Defence, Government of India.”

India’s offset policy mandates global arms sellers to source 30 per cent of the value of a deal of more than Rs 300 crore from domestic companies. This is aimed at building a local ecosystem of aerospace and defence suppliers that could serve the local market as well as global firms. Wipro, which set up India’s first aerospace actuator manufacturing facility in Bengaluru, said WIN expects the aerospace industry to be strategic for its future.

“This partnership will not only strengthen our presence in the growing aerospace sector and standing as a partner of choice for global OEMs and Tier-1s, but will also help us explore emerging business opportunities in key markets,” said Pratik Kumar, chief executive officer, WIN, & executive director, Wipro Enterprises. 

WIN had acquired HR Givon Ltd, an Israel-headquartered manufacturer of metallic parts and assemblies for the aerospace industry, in 2016 to increase its product portfolio and to expand global footprint.

Shlomi Karako, general manager of the Commercial Aircraft Group, IAI, said its relationship with India was “extremely important” as the country was a major strategic customer.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

Next Story