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HindustanTimes Thu,24 Apr 2014

Won't affect JV, says Tata

Manoj Gairola , Hindustan Times  New Delhi, February 15, 2013
First Published: 00:12 IST(15/2/2013) | Last Updated: 00:13 IST(15/2/2013)

Tata group is confident that the controversy over alleged corruption in the Finmeccanica chopper deal will not have any impact on its joint-venture with AgustaWestland.

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Rotorcraft a joint venture between Tata Sons and the Finmeccanica subsidiary specialises in assembling, customizing and flight-testing new helicopters.  "We do not envisage any impact on our plans to manufacture helicopters," said Indian Rotorcraft.

The JV is supposed to start producing the 8-seat AW119Ke light helicopter in 2013, which will cater to global markets.

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