Rio De Janerio: After making history by taking over Corus and Jaguar, Indian giant Tata is eyeing on forging a partnership with Embraer, aircraft manufacturing company of Brazil.
Sources here said that talks were on with the Brazilian aircraft manufacturer for starting a joint venture for production of aircraft as Embraer, world's third largest plane manufacturer, was unable to cope up with the orders that it was getting from various countries and private players.
The talks are in infancy stage but Tata, with its expertise in various fields, is considered as a serious contender for the joint venture, the sources said.
Aviationbuff From , joined Dec 1969, posts, RR:
Reply 3, posted (7 years 4 months 2 weeks 3 days 10 hours ago) and read 2785 times:
Another article which talks about the JV's between Tata and 1) Embraer (Negotiation stage) 2) Boeing (Finalized) - the joint-venture company will be established by June 2008, and shortly thereafter will begin work of building Boeing aerospace components. 3) Singapore-based Bjets - had announced roping in Tata group firm Indian Hotels as a “significant investor”
Quote: "Indian conglomerate Tata has flatly denied that it has spoken to or has any intention of doing work for Brazilian aircraft maker Embraer.
But a spokesperson for Tata Sons in Mumbai says in an emailed response to ATI: 'The Tata Group wishes to clarify that the information is completely untrue and baseless'."
.....while clarifying arrangements with Sikorsky, IAI and Boeing.....
Quote: "Tata in recent months has also made major push into the aerospace sector. In February it signed a memorandum of understanding with Sikorsky to manufacture cabins for Sikorsky S-92 helicopters as well as a memorandum of understanding with Israel Aerospace Industries to manufacture defence and aerospace products.
In February it also signed an agreement with Boeing to establish a joint venture in India that would make components for Boeing military aircraft and later possibly commercial aircraft. In addition, that same month ATI reported that Tata Motors would be making titanium and composite floor beams for Boeing 787s."