Skip to main content

Taneja Aerospace and Aviation (TAAL)

Image
By
Taneja Aerospace and Aviation (TAAL) was incorporated in Jul.'88 and received the licence to manufacture gliders in 1990. It was promoted by B R Taneja and Indian Seamless Metal Tubes (ISMT). Other companies of the Indian Seamless group are Indian Seamless Steels and Alloys, Indian Seamless Finance Services, etc. It came out with a public issue of 50 lac equity shares at par in Apr.'94, aggregating Rs 5 cr, to part-finance the Rs 20.5-cr project to manufacture light transport aircraft at Denkanikotta, Tamilnadu. TAAL is India's only manufacturer of six- to eleven-seater civilian aircraft, in the private sector. The company has technical collaborations with Partenavia Construzioni Aeronautiche, Italy, to manufacture the P68 Observer, and with National Aerospace Laboratory to manufacture light twin-seater trainer aircraft. Recently, it entered into an agreement with Cessna Aircraft to market the jet aircraft, Citation Ultra. It recently bagged an exclusive service contract from Bell Helicopters. As a part of the on going diversification programme the company is setting up a repairs & maintenance facilities for cessna aircraft. Total capital outlay of Rs.6.85 crores has been planned for the above activities with the term loan assistance from IDBI. Also TAAL received the 'Creative Partner' award from the Aeronautical Development in recognition of its effert towards the production of the Remote Pilotless Vehicle. In 1998-99 the all composite trainer aircarft "Hansa 3" developed by National Aerospace Laboratories (NAL) in association with the company is ready to go into commercial production at TAAL once the programme of transfer of technology is completed. During 1999-2000, the company introduced a fractional-ownership scheme called Corporate Aircraft Program (CAP) which has been received favourably by Indian Corporates. The high technology Transducer Housing assembly developed indigenously by the company for the first time for a leading National Technological Developmental Laboratory was well received. The share capi
Labels:

Comments

Post a Comment

Popular posts from this blog

Accenture Off Campus Drive in PCCOE, PUNE

By
Accenture is partnering with CoCubes.com and Pimpri Chinchwad College of Engineering (PCCOE) for their 2010 off-campus drive in PCCOE, Pune between 24th- 26th Sep. (Given below is the complete job description for your reference) Job Description: Company Profile Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Target Degrees & Branches :B.E, B.Tech and MCA CTC :Rs. 3,00,003 Designation :Associate Software Engineer Role & Responsibilities Key Responsibilities: *Understand Software/System components and associated Specifications. *Create specifications and deploy these components. *Develop, modify and review testing components based on defined specifications and ...
49 comments
Read more

Good Bye laptops

By
Can any one ever imagine of life without laptops or desktops now.!!! hmmm...yes but need anything else that replaces them. So Japan is always ready to help you out with their technlogy.Since its a time of microtechnology, everything is modeled as small as it can be so you not computers. Amazing technology from Japan . . . but can you guess what it is ?Look closely and guess what they could be... This is something that will replace your PC in the near future.Beleive it or not this the the future of forthcoming computers. After looking the picture to the right you might guess wht I'm talking about. In the revolution of miniature computers, scientists have made great developments with bluetooth technology.This is the forthcoming computers you can carry within your pockets, they are very small in size comparable to pen. This "pen sort of instrument" produces both the monitor as well as the keyboard on any flat surfaces from where you can carry out functions you would normally...
12 comments
Read more