Wipro’s business arm, Wipro Infrastructure Engineering has set up an aerospace actuator manufacturing facility near Bangalore. This facility is spread across 7.2 acres in Devanahalli Special Economic Zone near the Bangalore airport. With this initiative, entity has broadened its scope of offerings for the aerospace segment - from designing, engineering to manufacturing for Indian and the global market.
The company plans to invest around Rs 65 crore for producing 2,000 actuators in a year and may expand it to manufacture 8,000 actuators every year. Actuator is a type of motor that powers engines, landing gear, flight control systems and other related equipments in an aircraft and related equipments.
In addition to this, Wipro Infrastructure Engineering has decided to double the initial investment over the next six years to expand capacity and add new product lines in precision manufactured components.
| Company Name | CMP |
|---|---|
| TCS | 2581.65 |
| Infosys | 1318.60 |
| HCL Tech. | 1442.50 |
| Wipro | 204.35 |
| Tech Mahindra | 1511.85 |
| View more.. | |
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