CALCULATE YOUR SIP RETURNS

Tata Technologies has signed a pact with Air India

29 October 20243 mins read by Angel One
Air India and Tata Technologies, a multinational provider of digital services and product engineering, have partnered to revamp the interiors of their aircraft.
Tata Technologies has signed a pact with Air India
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Tata Technologies Limited is a multinational technology company based in India that specializes in product engineering and offers services to manufacturers of industrial machinery, automotive, and aerospace original equipment. It is one of Tata Motors’ subsidiaries. Manufacturing businesses depend on Tata Technologies to help them envision, create, and implement safer, cleaner products that enhance the lives of all stakeholders and help us realize our vision.

Air India and Tata Technologies have partnered

Air India, a major international airline, has partnered with Tata Technologies, a global product engineering and digital services company, to revamp its aircraft interiors to provide a better travel experience. This partnership supports Air India’s attainment of Design Organization Approval (DOA) under CAR 21 (Part 21) from the Directorate General of Civil Aviation (DGCA), which permits the airline to modify aircraft internally. The partnership marks a critical turning point in Air India’s development of operational excellence and independence.

Why Tata Technologies?

Air India has chosen Tata Technologies as its strategic partner to revolutionize its aircraft interiors. Leveraging decades of global expertise in aerospace engineering, Tata Technologies will provide end-to-end solutions, from design and validation to weight optimization and ergonomic considerations. These innovations are set to redefine the passenger experience by ensuring that aircraft interiors are not only functional and safe but also future-proof, providing passengers with modern comfort and state-of-the-art technology. 

Campbell Wilson, MD and CEO, said

The aviation industry in India is expanding, and Air India is a key player in this. The approval reaffirms our ability to maintain our fleet and our dedication to improving the interiors of our aircraft for our customers. Our partnership with Tata Technologies will enable us to satisfy client demands while advancing our overarching objectives of operational excellence and independence.

Updates on Tata Technologies’ stock and revenue

The current intraday price of Tata Technologies’ stock is Rs. 991.05, which is slightly lower than it was earlier today. Despite an increase in revenue, Tata Technologies’ earnings decreased sequentially during the July–September quarter of the current fiscal year. In the quarter ending September 30, the Tata Group company’s consolidated revenue increased 2.16% to Rs 1,296.5 crore, while its net profit decreased 2.85% to Rs 157.4 crore, the company said in an exchange filing on Monday.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Enjoy ₹0 Account Opening Charges

Join our 2 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges