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Cenco International, a
division of Techspace Aero S.A. member of the SAFRAN Group and
ETBRDC, a division of HAL, Bangalore, have signed a Memorandum of
Understanding (MoU) on November 6 in the presence of Mr Didier
Reynders, Vice Prime Minister and Minister for Finance, Belgium. Mr
Reynders is part of a high-level Belgian delegation visiting India
this week.
This MoU sets forth the principles of a long-term commercial and
technical collaboration on the design, manufacturing, and
installation of gas turbine engine test equipment in the worldwide
market. Both parties will work together on specific projects in
India and abroad and work as preferred supplier on specific items
such as mechanical parts, data acquisition systems and other
specialised equipment.
The agreement was signed by Mr Philippe Schleicher, president & CEO,
Techspace Aero and Mr PV Mustafa, General Manager, Engine & Test Bed
Research & Development Centre, HAL, in the presence of Mr A.K.
Saxena, Managing Director HAL Bangalore Complex.
Commenting on the landmark signing, Mr Philippe Schleicher said:
“Our group company SAFRAN has a long and strategically important
association with India, and we at Techspace Aero also have the
unique distinction of the presence of our Test systems in India for
more than 3 decades. We are therefore excited at the prospect of
working with HAL, one of the top 50 defense companies in the world.
We hope to significantly contribute to the continuing growth of the
Indian aviation sector through the work we do with HAL”.
Mr Vincent Gorry, National Executive, South Asia (SAFRAN), further
added: “This is an important milestone for the two parties as it
strengthens Cenco’s presence in India, and allows HAL to reach
markets outside India.” |
