OIS announces OIS AeroSpace at India Aviation '14

HYDERABAD, India, March 11, 2014 /PRNewswire/ --

Powers ahead with three strategic alliances with Magnaghi Aeronautica, Gemelli and Logic

OIS now at India Aviation 2014 and announces OIS AeroSpace (OIS-AS). This company will primarily undertake aircraft and components manufacturing, aircraft maintenance and upgradation, technology collaborations, avionics, besides providing training and simulation services.

At India Aviation '14, OIS AeroSpace has a presence from Magnaghi Aeronautica, the manufacturer of Sky Arrow, the all-composite, high-wing aircraft; Gemelli's aircraft internal communication equipment and systems which are fully integrated with active noise control technologies; and Logic's aerospace equipment which includes cockpit oriented electronic equipment, control, CPM electronic equipment, electromechanical/actuator equipment, fuel gauging equipment, and other special equipment, as part of its strategic partnership portfolio. OIS AeroSpace is also a contender in the bid for upgradation of MiG 29 and repair & renovation of AN-32 aircraft equipment for Indian Air Force.

Commenting on the launch of the business entity, Mr Sanjay Bhandari, Chairman & Managing Director of OIS AeroSpace said, "We are optimistic about the business prospects for OIS AeroSpace, especially since this sector is expected to sustain significant growth driven by accelerated replacement cycle of older aircraft with newer machines, and continuing increases in passenger travel. OIS AeroSpace is geared to service both civil and military aerospace segments".

On the new strategic partnerships, Mr. Bhandari further added, "We are pleased that OIS AeroSpace has been able to attract best-in-class companies like Magnaghi Aeronautica for Sky Arrow, Gemelliand Logic, and forge relationships to advance the technology franchise across the aerospace industry. We believe that given our joint strengths we would efficiently service the growing needs of the Indian and global aerospace market."

About OIS-AeroSpace (OIS-AS)

OIS-AeroSpace Pvt. Ltd. is the lead OIS company for both civil and military aviation opportunities. It is working across the aviation supply chain and establishing itself with capabilities in MRO, manufacturing, avionics, training and simulation, ground support equipment and technical documentation. OIS-AS is an eligible IOP and is ISO9001:2008 certified.

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Lexicon Public Relations & Corporate Consultants (P) Ltd

Meera Krishnan: M: 91-9971500866; Mail: [email protected]

SOURCE OIS AeroSpace