CONTENT PREVIEW
Industry

Tata/AgustaWestland JV decision deferred again by India

16 July 2014

India's Foreign Investment Promotion Board (FIPB) has again deferred judgment on a bid by Indian Rotorcraft Limited (IRL) - a joint venture (JV) between AgustaWestland and Tata - to manufacture upgraded AW119 reconnaissance and surveillance helicopters in India.

In an announcement on 16 July, the FIPB said in a notice that it had postponed a decision on the proposal, which is centred on IRL's bid to produce the newer AW119Kx model at its Hyderabad facilities in place of the discontinued AW119Ke. It is the fourth occasion that the FIPB has suspended judgment since late 2013.

The proposal by IRL - formed in 2010 to manufacture the AW119Ke for domestic and international commercial and military markets - was originally approved by the FIPB in September 2013.



(125 of 201 words)
By posting a comment you confirm that you have read and accept our Posting Rules and our Terms of Use of this site.
ADVERTISEMENT

Industry Links

IHS Jane's is not responsible for the content within or linking from Industry Links pages.
ADVERTISEMENT