PL Engineering, a Punj Lloyd Group Company providing a full spectrum of design and engineering services in Oil & Gas, infrastructure, product and nuclear sectors and GECI India, a subsidiary of GECI International, a French major providing engineering services in the transportation sector and mainly aeronautics and space, today announced a JV in Bangalore to offer engineering services in the Aerospace sector.
The JV will initially focus on providing services to the growing Indian Aerospace sector on supporting activities in Europe, followed by looking at the global market.
Speaking on the JV, Mr Serge Bitboul chairman and CEO of GECI International said that “GECI International has over thirty years of experience in providing high level engineering activities, especially to the Aerospace sector and is referenced by major manufacturers like Dassault, Thales or EADS/E2S. We are currently establishing ourselves as an aircraft manufacturer with the production of the turboprop aircraft F406 and the development of the Skylander, a 19-seater turboprop, with serial aircraft available in 2013. We are delighted to have entered into a partnership with the Punj Lloyd Group which will allow us to offer an extended range of engineering services and together capture a significant part of the growing Indian Aerospace sector.”
Speaking on the JV, Mr Sanjay Goel CEO of PL Engineering said that “We are very excited with this joint venture, which will be a significant step towards furthering our existing engineering capabilities in the Oil Gas, Power and Defence sectors. Together with GECI, we look forward to leveraging the potential in the Indian Aerospace Sector. Besides strengthening the existing bilateral relations between Europe and India, this JV will bring together the Indian resources and skills in design and engineering with global aerospace technology, knowhow and experience. This will introduce a new dimension to the supply chain, thus addressing the complex resource demands of the Indian and International Aerospace program.”
