Tamil Nadu firm AEPL bags Boeing contract

Chennai: Aerospace Engineers Private Ltd (AEPL), a Tamil Nadu-based manufacturing company, has bagged a contract from global aerospace giant Boeing to supply critical aviation components and deliveries that would begin early 2022.

Officials of the two companies exchanged the contract in the presence of Tamil Nadu Chief Minister (CM) MK Stalin at the Secretariat here for manufacturing and supplying of components and parts for Boeing's products.

Headquartered at Salem, AEPL has won a long-time contract and this is a first such contract for the state from Boeing, the TN government said in an official release, adding it is a step towards the CM's vision of 'Made in Tamil Nadu'.

Investing Rs150 crore, AEPL would be setting up a new manufacturing facility, dedicated for civil aerospace production at Hosur over the next 24 months with a covered building space of 1,25,000 square feet and also expand its present Salem facility by 50,000 square feet. The additional facilities would create job opportunities for 1,000 youngsters, the government said.

R Sundaram, CEO and MD, AEPL, said: "We are proud to work with Boeing. The contract is a testament to our commitment to quality, precision, and collaborative culture. The cooperation between AEPL and Boeing is a significant milestone and will provide an impetus to the growing aerospace ecosystem in Salem."

Director, Supply Chain Management, Boeing India, Ashwani Bhargava, said: "This is an important step in our commitment to the government of India's Aatmanirbhar Bharat vision. As a company with over seven decades of presence in India, Boeing continues to support the development of indigenous aerospace and defence capabilities in the country."