For the first time, a Tamil Nadu-based Micro Small and Medium Enterprise (MSME) has clinched a deal with largest aerospace firm Boeing.
For the first time, a Tamil Nadu based Micro Small and Medium Enterprise (MSME) has clinched a deal with largest aerospace firm Boeing. Aerospace Engineers Private Limited, located in Salem, won a long term contract from Boeing to manufacture and supply critical aviation components and parts for the global aerospace company’s products.
The contract order was handed over to R. Sundaram, CEO and Managing Director, Aerospace Engineers Private Limited by Thiru Ashwani Bhargava, Director, Supply Chain Management, Boeing India in the presence of Tamil Nadu Chief Minister M.K.Stalin.
A Tamil Nadu government release said, the cooperation between Aerospace Engineers Private Limited and Boeing is a significant milestone and will provide an impetus to the growing aerospace and defense ecosystem in Salem and Hosur and Tamil Nadu Defence Industrial Corridor.
Mr.Sundaram told The Hindu that his MSME will begin delivering the critical components to Boeing from the first quarter of 2022. “The first consignment would roll out from February 2022,” he said. He also clarified that his firm has been associated with Boeing for last seven years. “We were a tier-2 supplier but now we have become a tier-1 supplier,” he added.
“As a company with over seven decades of presence in India, Boeing continues to support the development of indigenous aerospace and defence capabilities in the country,” Ashwani Bhargava, Director, Supply Chain Management, Boeing India said.
Aerospace Engineers Private Limited will be setting up a new manufacturing facility, dedicated for Civil Aerospace production at Hosur and will also expand its existing Salem facility with an additional covered building space of 50,000 square feet over the next 24 months with an investment of Rs.150 crore. This additional facility will generate employment for over 1000 persons. For over three decades, the MSME has been dedicated to manufacturing and supplying high-precision and high-quality parts and sub-assemblies to customers in the aerospace and defence industry.
Source : The Hindu