Intends to consolidate companies from across the Group to provide unified offering
Designed for Make In India and Exports by being partner of choice for global OEMs
MUMBAI, April 11, 2018 – Tata Sons today said it is in the process of consolidating its various businesses across Aerospace and Defence sectors together under a single entity – Tata Aerospace & Defence (Tata A&D). The necessary statutory and regulatory approvals are in the process of being obtained. Tata A&D proposes to leverage its full range of expertise, experience, and capabilities from across the Group related to Land Mobility Solutions, Aerospace, Weapon systems, Sensors and Command, Control, Communication, Computers and Intelligence (C4I).
Several companies proposed to be forming part of Tata A&D already have strong, established partnerships with leading aerospace and defence firms and are part of the global supply chain. In some instances, they are also a global single source provider. It is proposed that Tata A&D will also be deeply invested in the development of indigenous platforms uniquely suited for the Indian Defence Forces, which is central to Tata A&D’s long-term strategy. In addition to the growing list of joint ventures and collaborations with leading global equipment manufacturers, Tata A&D proposes to bring together over 6,000 employees, and have production facilities in the states of Telangana, Karnataka, Jharkhand, and Maharashtra.
N. Chandrasekaran, Chairman of Tata Sons, said, “The formation of Tata A&D, a single unified entity, will allow us to better target emerging opportunities in Aerospace and Defence, and engage holistically with customers both in India and globally.”
Banmali Agrawala, President, Infrastructure and Defence & Aerospace, Tata Sons, said, “Tata A&D when formed, will be better equipped to execute larger and more complex projects and be more globally competitive as part of the global supply chain. We have moved beyond providing individual products to develop integrated offerings across Land mobility, airborne platforms and systems, as well as weapons systems and C4I. In India, Tata has built an industrial base in defence intentionally designed to complement and integrate with the efforts of the Defence Research & Development Organization (DRDO) and Defence Public Sector Units (PSU).”
Post the combination, the full range of integrated solutions by Tata A&D include:
Land mobility solutions: Multi-axle combat support vehicles, light armoured vehicles, light support vehicles, mine protected vehicles, light armoured multi-role combat vehicles, wheeled armoured amphibious platforms (WHAP) and tracked amphibious platforms like the Futuristic Infantry Combat Vehicle (FICV) and Future Ready Combat Vehicle (FRCV).
Airborne platforms and systems: Unmanned systems, rotary platforms, fixed wing platforms, mission systems and avionics, as well as in-house indigenous development of mini and micro unmanned aerial vehicles (UAVs), and in-house development of safety-critical airborne computer systems and related applications for both manned and unmanned platforms.
Weapon systems, sensors, C4I: Radars, sonars, electro optics systems, electronics for land systems, homeland security sensors, comprehensive border management systems, as well as integration for design, development, and manufacture of command control and tactical communication systems, including for air defence and naval combat.
Subsequent to the consolidation, Tata A&D will draw synergies from entities across the group, including Tata Motors’ Defence Division, TAL Manufacturing Solutions Limited (subsidiary of Tata Motors), Tata Power’s Strategic Engineering Division, Tata Advanced Materials Limited, and Tata Advanced Systems Limited.
About the Tata Group
Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising over 100 independent operating companies. The group operates in more than 100 countries across six continents, with a mission To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust&. Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. In 2016-17, the revenue of Tata companies, taken together, was $100.39 billion.These companies collectively employ 695,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors and shareholders. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of about $130.13 billion (as on March 31, 2017). Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels.