New Technology Centre for EADS in India
EADS, a global leader in aerospace, defence and related services, has underlined its intentions to make India a priority with the announcement that it will be opening the EADS Technology Centre India. The move follows on from the company registering EADS India Private Ltd., a 100 percent owned subsidiary of EADS, earlier this year, which has the role of developing the Group in India.
The campus-style technology centre will bring both EADS subsidiaries and Indian partners under the same roof, performing engineering and information technology services. Operations are expected to begin in the second quarter of 2007 and the entire campus will be inaugurated in early 2008. Central to the campus will be a state-of-the-art engineering unit called the Engineering Centre Airbus India. It will be a 100 percent owned subsidiary of Airbus and will represent the biggest on-site unit owned by an EADS Division.
The EADS Technology Centre India will become a major employer in the aerospace and defence sector in India with the potential to create up to 2000 jobs. Over the next 15 years, the volume of investment and high tech activities generated thanks to the EADS Technology Centre, including the Airbus Engineering Centre and other cooperation programmes will reach approximately €2 B.