Israel Aerospace Industries signs a strategic teaming agreement with Wipro Enterprises in India

Eleanor Steed
By Eleanor Steed July 6, 2017 10:17

Israel Aerospace Industries signs a strategic teaming agreement with Wipro Enterprises in India

Israel Aerospace Industries and Wipro Enterprises have entered an agreement to collaborate in manufacturing of composite aero structures in India’ including establishing a facility for this purpose. The agreement has been signed during India Prime Minister’s visit in Israel. Among others, the agreement stipulates that IAI will transfer technology and assist Wipro in building a plant for manufacturing and assembly of aero structures for the civilian aerospace sector. The agreement forms the foundation for broader future collaboration between the two companies in India and is expected to support IAI’s leadership in this arena while supporting the implementation of future projects.

The agreement cements the close relationship between IAI and the Indian industry, which started 25 years ago and is naturally developing now into aerospace field. To date, the collaboration found its expression in ongoing support by IAI to local companies in India. The establishment of a composite aero structure manufacturing plant will allow India to act on its decision to expand its activity in the aerospace market and offer a range of aerospace structures.

Shlomi Karako, EVP and general manager of the Commercial Aircraft Group in IAI: “India is a major strategic customer of IAI and the relationship with India is extremely important for us. We look forward to assisting Wipro in building its composite facility that we will provide in the near future as part of Indian government’s ‘Make in India’ initiative and plan to expand the collaboration even further in the future.”

Pratik Kumar, Chief Executive Officer, Wipro Infrastructure Engineering &Executive Director, Wipro Enterprises (P) Limited: “We are excited to partner with IAI, which has a strong tradition of technical expertise and enduring client relationships with leading OEMs and Tier-1s in the aerospace and defense domains. 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.”

Eleanor Steed
By Eleanor Steed July 6, 2017 10:17