Cobham announced the expansion of the company’s presence in India through the formation of a wholly owned subsidiary in India. The subsidiary, named Cobham India Private Limited, will open in early 2010, with offices in Bangalore and New Dehli.
The subsidiary will provide Indian clients with a central point of contact and will facilitate closer cooperation with the Indian military, Hindustan Aeronautics Limited and Bharat Electronics Limited. Cobham is also seeking to increase cooperation with private industry in India.
Andy Stevens, who will be CEO of Cobham in January, said “Cobham is committed to building a significant long-term investment in India…We have decided to significantly enhance our permantent presence in India in 2010. Looking to the future, we plan to increase our industrial participation, strengthening cooperation with both public and private sector companies.”
