Photo credit: IANS
Dubai, Nov 16 (IANS) Small airlines attending the ongoing Dubai Airshow have said they are looking to forge more than just India-UAE business relations during their five-day stay at the show which takes place in Al Maktoum. Dubai World Central International Airport here until November 18.
It comes as new Indian airline Akasa Air has placed an order of nearly $ 9 billion with Boeing for 72 Boeing 737 MAX aircraft to build its fleet on a day when the total value of contracts awarded for commercial aircraft and defense jumped $ 17.5 billion, reaching Dh266 billion ($ 72 billion) after the first three days of what is the largest aviation show since events resumed after the Covid pandemic -19.
No less than 15 Indian companies specializing in various aspects of aviation and defense exhibit at the region’s largest aviation event, which hosts more than 1,200 companies from 148 countries. Many of them are newbies looking to build long-term relationships with companies and agencies in the UAE and the wider region.
âWe came here not as a one-time commitment, but with the intention of staying and expanding our base,â said Mitesh Rathod, CEO of Swast Aviation, a Navsari, Gujarat-based company specializing in manufacturing. aviation lubricants and adhesives. , including hydraulic brake fluids.
“We also export our products. So we thought this was the best place for someone like us looking to do business with private airlines and small companies operating beyond the borders of India.” , he added.
Bengaluru-based Bevel Gears (India) Pvt Ltd may not be a newbie to this biennial event, but it’s a new milestone for them yet again with the easing of travel restrictions from Covid-19 in the world.
âWe have been in the business of designing and manufacturing gears and transmissions for over 40 years and are a regular at this event. But this time, we hope to open a new chapter in our history with the possibility of supplying our products to countries in this region, âsaid Abdulla Jamal, director of operations of the company specializing in bevel gears that find applications in various sectors. , including locomotives, marine, automobiles, printing presses, cooling towers, power plants, steel mills, railways track inspection as well as aviation where bevel gear systems are widely used. used in aircraft gas turbine (GTE) engine drives.
The opposite is true for Favia International of the United Arab Emirates. As a supplier of aircraft and helicopter parts and chemicals, the Ajman-based company focuses on transporting its business to Indian shores.
âSo far we have managed one-off projects for companies in India, working remotely from the UAE, but with the reopening of the companies we hope to seize a great opportunity here and maybe set up a second base there. on a permanent basis, “said Nazeeb Backer, the customer service manager for the company which also meddles with aircraft consumables and wires and connectors.
Contracts worth around $ 55 billion were signed in the first two days of the event, with Boeing’s deal with Akasa being the largest to date at the US giant’s airshow.
abhishek / arm