Wipro Infrastructure Engineering, the hydraulics business of Wipro Limited on Tuesday unveiled India’s first-ever aerospace actuator manufacturing facility at the Devanahalli Special Economic Zone near Bangalore International Airport.
In the first phase, the plant set up in a 7.2 acre campus with an initial investment of Rs 65 crore will have an initial capacity to produce 2,000 actuators a year. The existing infrastructure allows for expansion of the capacity up to 8,000 actuators per annum.
Industry estimates put the global actuator systems market at $3 billion. Aerospace actuators have various applications in an aircraft, including landing gear, flight control systems, engines and utilities.
In May 2011, Wipro Infrastructure Engineering signed an agreement with Spanish company CESA (Compania Espanola de Sistemas Aeronauticos S A), a subsidiary of the global Aerospace and Defence Corporation, EADS, for the manufacture of precision engineering components.
The pact involves transfer of technology as well as manufacturing aerospace actuators and related precision engineering components by Wipro for CESA.
The unit will commence serial production in April.
Deccan Herald is on WhatsApp Channels | Join now for Breaking News & Editor's Picks