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Posted on Feb 05, 03:39PM | UNI
Bangalore, Feb 4: On the occasion of Aero India, the biggest air show in South Asia beginning here on February 6, the Society of Indian Aerospace Technologies and Industries (SIATI) and UK Aerospace, Defence and Security Trade Association (ADS), today signed an MoU in supply chain partnerships.
A conference on 'Developing Aerospace Supply Chain Excellence and Partnering with UK Companies' jointly organised by the two entities today where the pact was signed.
UK based companies such as BAE Systems, Raytheon UK, Aero Stanrew, Bonaprene, Delcam, Merc Group, Pexa Ltd, Silcoms, Sil-Mid, Stirling Dynamics, Surface Technology International, and Indian firms took part in it.
The conference aims to stimulate and support the development of the aerospace supply chain, and focus on best practices in developing capability and processes to meeting international aerospace standards.
The UK supply chain, which is recognised as the leader in the field, has mastered these requirements and is looking to exchange knowledge with Indian companies to establish a mutually beneficial relationship that increases the competitiveness of both parties.
British Deputy High Commissioner Ian Felton said SMEs play a major role in developing and supplying components, equipment and providing services to major aerospace organisations in India.
'Today, Indian firms have a chance to enter and expand their aerospace opportunities. This can only be done by meeting the right standards and by partnering with UK firms,' he added.
The conference was organised by the United Kingdom Trade and Investment (UKTI), United Nations Industrial Development Organization (UNIDO), Society of Indian Aerospace Technologies and Industries (SIATI), UK Aerospace, Defence and Security Trade Association (ADS) and UK Northwest Aerospace Alliance (NWAA).
ADS Group Director (Market Development and Events) David Scotter; Mr Felton and SIATI President C G Krishnadas Nair spoke at the event.
The speakers emphasised the importance of companies adhering to tough international standards and operate to requirements specified by aerospace contractors.