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5/29/06

The Financial Express:The European aerospace technology major seeks partnerships with Indian IT industry and research institutes - by HUMA SIDDIQUI

For the full report go to The Financial Times or click on this link

The European aerospace technology major seeks partnerships with Indian IT industry and research institutes - by HUMA SIDDIQUI

It’s destination India for European Aeronautic Defence and Space Co (EADS), the European leader in aerospace technology. It has set its sights on expanding its footprint in the Indian subcontinent through a series of measures. These include strengthening its presence in the Indian defence sector, as well as with the domestic airline carriers, and, most importantly, tapping Indian IT sector and research institutes to expand its research and development (R&D) activities and develop hi-tech equipment in aviation, defence and space sectors.

The European assistance is invaluable for ISRO especially at a time when it is competing with China to race to the moon. Both aim to place a satellite in the lunar orbit during 2007-08, with instruments to survey the moon’s surface and analyse its geological and chemical characteristics.

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