ITP Aero launches new India office in Hyderabad

Hyderabad, April 6, 2002: The World's leading aircraft engine and component manufacturing company ITP Aero on Wednesday announced the launch of its new India office in Hyderabad. The company's new office space at IDA Gandhinagar in Hyderabad was inaugurated by Praveen PA, Director of Aerospace and Defence, Government of Telangana, in the presence of Jesus Catalina, Managing Director of ITP Externals, Vamsi Vikas, Managing Director of ITP Externals India and Inigo Cepas Odriozola, Head of Industrial Development, ITP Aero.

ITP Aero operates in India through its fully-owned subsidiary ITP Externals India Pvt Ltd which employs more than 160 personnel in Hyderabad. "Our Hyderabad plant is dedicated exclusively to the production of "end-fittings" and “brackets” for subsequent welding onto rigid tubes for aircraft engines. Its activity is expected to grow significantly in the coming years together with an evolution towards more complex products," Jesus Catalina, MD of ITP Externals, said on the occasion.

"ITP Externals envisages an increase in demand within the next three years and the company is increasing its production capacity to cater to the constantly growing demands of the customers. We also have plans to further recruit skilled work force," Catalina added.

Speaking on the occassion, Praveen said: "Telangana is now the "Best State" in India for aerospace and aviation sector, as adjudged by the Union Government, and Hyderabad has firmly established itself as the hub of the aviation industry. The recent success of "Wings India 2002", the fifth edition of biennial national civil aviation show is a pointer in this direction. The Telangana government has laid firm ground for the industry and we are sure companies like ITP Externals would lend the wings for aviation sector to soar higher in Telangana."