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TCS Partners With Saab to Set up Aerospace Design and Development Centre in India

Written by thomas · Filed Under Aeronautics News 

September 10, 2008

thomas

MUMBAI, India, Sept. 10 /PRNewswire/ — Tata Consultancy Services
(TCS), (BSE: TCS.BO, NSE: TCS.NS), a leading global IT services, business
solutions and outsourcing firm, today announced its partnership with Saab
for the establishment of Saab’s Aeronautical Design and Development Centre
(ADDC) in India. Saab serves the global market with world-leading products,
services and solutions ranging from military defense to civil security.

The partnership to establish Aeronautical Design and Development Centre
(ADDC) aims at addressing the global aeronautical market. ADDC will create
a single source of design and development capabilities within India, in
addressing domestic and the global defense and civil aeronautical
applications. ADDC capabilities across the product lifecycle include:
Design and Development of Structures / Systems for new Platforms,
Performance Studies and Virtual prototyping, Aircraft Sustenance
Engineering, Manufacturing Support, Production and After Market Support,
Life extension / Upgrade Programs, Avionics and Mission Critical Software
Development.

“This co-operation is not limited to any specific product but is aimed
towards building a joint capability to leverage collective strengths across
the globe,” says Saab CEO Ake Svensson.

Commenting on the partnership, Mr. S Ramadorai, Chief Executive Officer
and Managing Director, TCS, commented, “This partnership has a strong blend
of Saab’s technology solutions and TCS global engineering model to address
the growing opportunities in the aerospace and defense sector.”

Tata Industrial Services Limited (TISL), which oversees and monitors
contracts, was instrumental in forging this co-operation. Ms.Uma Pillai
Managing Director of TISL, commented, “the formation of ADDC is the first
step in harnessing the potential of the two global organizations in
aerospace and defense sector.”

About SAAB:

Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has
operations and employees on all continents and constantly develops, adopts
and improves new technology to meet customers’ changing needs. Saab views
India as an important, fast growing key market with a procurement plan that
fits well into Saabs portfolio. Saab believes in local participation and
has a business model with a built-in mindset of co-operation with local
industries and transfer of technology. Saab has offered Gripen as one of
the contenders in India’s MMRCA (Medium Multi-Role Combat Aircraft)
procurement process.

About TCS

Tata Consultancy Services is an IT services, business solutions and
outsourcing organization that delivers real results to global businesses,
ensuring a level of certainty no other firm can match. TCS offers a
consulting-led, integrated portfolio of IT and IT-enabled services
delivered through its unique Global Network Delivery Model, recognized as
the benchmark of excellence in software development. A part of the Tata
Group, India’s largest industrial conglomerate, TCS has over 116,000 of the
world’s best trained IT consultants in 50 countries. The company generated
consolidated revenues of US $5.7 billion for fiscal year ended 31 March
2008 and is listed on the National Stock Exchange and Bombay Stock Exchange
in India. For more information, visit us at http://www.tcs.com.

About Tata Industrial Services Limited

Tata Industrial Services Limited, a TATA enterprise identifies
competent manufacturing sources; oversees and monitors contracts;
undertakes project management related to domestic and global supply needs
including offset requirements for major aerospace, civil and defense
suppliers.

SOURCE Tata Consultancy Services

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