Hoofddorp, Netherlands, 22-7-2014 — /EuropaWire/ — Fokker Elmo, a business unit of Fokker Technologies and SASMOS HET Technologies Ltd. have signed Agreements for producing electrical wiring interconnection systems in Bangalore, India.
Recognizing the Indian aviation market is one of the fastest growing and most dynamic aviation markets in the world, aircraft manufacturers have the need for Indian Industrial Participation, presenting an excellent business development opportunity for Fokker Elmo and SASMOS.
Over time, this Indian business model is expected to grow to attractive values for both companies.
These Agreements have been signed at the Farnborough Airshow 2014 by Mr. Tim Hayter President of Fokker Elmo and Mr. Chandrashekar, Managing Director at SASMOS.
Quote Mr. Tim Hayter: “For the last three years Fokker Elmo and SASMOS have been working together towards this moment, which is an important stepping stone in our strategy to extend our global presence with India. We are proud to work together with SASMOS. We foresee that the combination of our extensive wiring background and our joint vision regarding developments in the aerospace market in India will lead to exciting growth opportunities”
Quote Mr. Chandrashekar: ”We at SASMOS, as an Indian company, are very pleased and proud to be working with such a prestigious and historic company as Fokker. We believe that the SASMOS and Fokker team together can really accelerate growth for both companies and is able to satisfy the electrical wiring interconnection needs for the global aviation industry”.
About Fokker Elmo
Fokker Elmo is a business unit of Fokker Technologies. Fokker Technologies is a specialist in the design and production of lightweight aerostructures, electrical wiring interconnection systems and landing gears for the aerospace and defense industry. The company also provides maintenance, modification and logistic services to aircraft owners and operators. Head quartered in Papendrecht, the Netherlands, Fokker Technologies owns facilities in the Netherlands, Romania, Turkey, Canada, Mexico, USA, Singapore and China. The group achieved a turnover of € 762 million in 2013 with 4,688 employees.
SASMOS is a leading Indian manufacturer of Aerospace, Defense, Marine industry products of cable assemblies, wiring harness, panel boxes, and electro-mechanical assemblies, and provides a one stop shop for all interconnection solution needs The company is eligible to partner with Global vendors of Ministry of Defense (MOD) for meeting their offset obligations as per Indian defense procurement policy.
For more information, please contact:
Fokker Elmo B.V., P.O. Box 75, 4630 AB HOOGERHEIDE, The Netherlands
Adriaan Leyte: email@example.com
Phone +31 164 617 768