AgustaWestland and Tata Sons announced the signature of a Memorandum of Understanding (MoU) for the formation of an Indian joint venture company which will establish a final assembly line for the AW119 helicopter in India. The agreement was signed at the Aero India air show today by Mr. Giuseppe Orsi, CEO, AgustaWestland and Mr. Ratan Tata, Chairman, Tata Sons. The joint venture company will be responsible for AW119 final assembly, completion and delivery to customers worldwide while AgustaWestland will retain responsibility for worldwide marketing and sales. The first aircraft is scheduled to be delivered from the new facility in 2011 with production forecast to rise to 30 aircraft per year to meet worldwide demand.
Mr. Giuseppe Orsi, CEO, AgustaWestland speaking after the signing ceremony said "We are proud to have achieved this important agreement with such an important and strong industrial partner in India. Establishing an AW119 final assembly line in India will allow us to meet the growing demand in the world market for a modern single engine helicopter and to further expand our presence in India where we see strong future business opportunities." He added, "AgustaWestland is also committed to offering the best and most cost effective solution for the Indian Armed Forces' Reconnaissance and Surveillance Helicopter requirement. We will also work together with other partners in India to best serve the needs of the Indian market."
It is envisaged that the joint venture company would be a supplier for the current Reconnaissance and Surveillance Helicopter (RSH) program of the Indian Armed Forces, for which AgustaWestland has already proposed the AW119 to be manufactured in India. Additionally, AgustaWestland and Tata companies plan to explore additional commercial opportunities in India for AgustaWestland helicopters and the subsequent industrial co-operation.

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