Latécoère plans new facility in India
Latécoère is establishing a new facility in Belagavi, Karnataka as part of its international development under its Transformation 2020 strategic plan.
Latécoère is establishing a new facility in India to support expansion of its Interconnection Systems business. The unit, located in Belagavi in the state of Karnataka in southwest India, is part of the company's international development under the Transformation 2020 strategic plan.
The announcement follows previously announced Interconnection Systems contract successes with Tier One customers such as Dassault Aviation, Thales and cabin equipment suppliers, including FACC.
Latécoère says the new business, representing full-year incremental sales of around €25m, will rely on engineering competences residing in France and production capacity in Mexico and India.
The new site, which is scheduled to come on line in the third quarter of 2018, will initially focus on the assembly of wiring harnesses for Dassault Aviation and Thales. The first phase of production will take place in an existing 1,300m2 plant, pending the completion of 4,000m2 of new buildings in the Aequs Special Economic Zone, which is primarily dedicated to aerostructures and aerosystems.
Latécoère recently inaugurated its new smart factory at Toulouse-Montredon, another element of the Transformation 2020 programme.