Tata Consultancy Services (TCS), India’s largest software exporter, on Thursday said that it had partnered with Swedish aerospace and defense company Saab AB to set up its local Aeronautical Design and Development Centre (ADDC).
“ADDC will create a single source of design and development capabilities within India, in addressing domestic and the global defense and civil aeronautical applications,” said TCS in a statement to Bombay Stock Exchange.
Ake Svensson, chief executive officer of Saab in the statement said, “This cooperation is not limited to any specific product but is aimed towards building a joint capability to leverage collective strengths across the globe."
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