In a landmark deal, TATA Advanced Systems Limited and the Boeing Company have entered into a joint venture for the manufacture and supply of aerostructures for AH-64 Apache Helicopters..The deal assumes significance in the background of the Central Government’s “Make In India” campaign; the transaction was the first of its kind after liberalisation of the FDI policy, allowing up to 49% foreign direct investment in the Defence sector..Luthra & Luthra acted for TATA Advanced Systems, through a team spearheaded by Partner Vaibhav Kakkar. The team also comprised Partner Sundeep Dudeja and Senior Associates Prashant Shah and Snighdaneel Satpathy..Boeing was advised by Jones Day Partners’ Sumesh K Sawhney from its London office and Ismail Alsheik from its Chicago office. Shardul Amarchand Mangaldas dealt with the Indian aspects of the deal, through a team led by Partner Anuj Prasad..Image taken from here.
In a landmark deal, TATA Advanced Systems Limited and the Boeing Company have entered into a joint venture for the manufacture and supply of aerostructures for AH-64 Apache Helicopters..The deal assumes significance in the background of the Central Government’s “Make In India” campaign; the transaction was the first of its kind after liberalisation of the FDI policy, allowing up to 49% foreign direct investment in the Defence sector..Luthra & Luthra acted for TATA Advanced Systems, through a team spearheaded by Partner Vaibhav Kakkar. The team also comprised Partner Sundeep Dudeja and Senior Associates Prashant Shah and Snighdaneel Satpathy..Boeing was advised by Jones Day Partners’ Sumesh K Sawhney from its London office and Ismail Alsheik from its Chicago office. Shardul Amarchand Mangaldas dealt with the Indian aspects of the deal, through a team led by Partner Anuj Prasad..Image taken from here.