A six-member Indian delegation including the Salem-based aviation product manufacturing engineer R. Sundaram is on a four-day high level trade visit to United Kingdom (UK) from April 16 to April 19 to know about the needs of the U.K. firms in advanced manufacturing technologies such as precision aeronautical parts.
The visit, organised by U.K. Trades and Investment, a Government Department that helps U.K.-based companies succeed in the global economy and assists overseas companies to bring their high-quality investment to the U.K., will throw open key Indian companies to leading U.K. firms, industry bodies and also academia in the areas of manufacturing technology, metal joining and forming technologies, engines, automation, manufacturing education and skills to widen and deepen relationships between India and U.K. in the field of advanced engineering.
Mr. Sundaram, chief executive of Aerospace Engineers, one of the leading manufacturers in precision aeronautical parts, at Mallur, a suburban town of Salem, told The Hindu prior to his departure that it would be a great opportunity for him to meet and interact with leading manufacturers of aviation industry in U.K., one of the leaders in aircraft manufacturer to “understand their needs.”
“Some of the leaders in the market including TWI, Marshall Aerospace, BAE Systems and Goodrich companies are going to interact with us. British firms are willing to outsource precision parts from us since the cost of production in India is cheaper,” he said.
His firm is already associated with HAL, Airbus, Boeing, Goodrich, Ministry of Defence, Honeywell, Tata Advanced Systrems, Godrej, ADA and L and T.
He further pointed out that though China was giving a tough competition, the buyers in European countries preferred Indian precision products since Indian manufacturers adhere to ‘ethical business practices.' “The trade visit will further provide a lot more opportunities for us to study their requirements and sell our wares,” he said.
The other members in the delegation included Shefali Chaturvedi and Surbhi Mathur from CII, S.M. Vaidya, executive vice-president from Godrej Precision Systems, Deep Kapuria, chairman and industry lead of Hi-Tech Gears and N.S.Mohan Ram, advisor, TVS Motor Company Limited.