Airbus selects Satyam, others for software support to aircraft
European aircraft giant Airbus on Tuesday said India will witness the highest domestic air traffic growth globally even during this slowdown .
By TNN |
NEW DELHI: European aircraft giant Airbus on Tuesday said India will witness the highest domestic air traffic growth globally even during this slowdown . Airbus has also selected Satyam Computer, along with four other Indian IT giants , for software support to aircraft like A-380 and A-350 .
Five companies ��� Infosys, HCL, CADES, Satyam and Quest have been selected to provide engineering support services to various aircraft programmes like the A-380 and A-350 . Four firms ��� Infosys, Satyam, Tata and Wipro ��� will be providing information system services including Infotech to to Airbus. The European major has reaffirmed its faith in Satyam.
���We are going to stand by them despite what has happened in past three months. We have a very good relationship with Satyam. The IT firm's board chief Kiran Karnik has explained the overall process and things will become clear by April-end ," said S Dwarkanath, Airbus' director (international cooperation).
Airbus, which will invest close to $1 billion here over the next decade in six major activities including aircraft design , said India will have the highest air traffic growth during 2007-11 , and also over the next two decades.
���India leads the pack of emerging markets in terms of aviation growth. Even in the slowdown affected period of 2007-11 , India will grow at 11.3%," said Christian Scherer , head of strategy.
Only China is expected to post a double digit growth of 11.1% during this period. All other areas, mature markets like west Europe, Japan, Australia and US and emerging areas are forecast to post a single digit growth.
Five companies ��� Infosys, HCL, CADES, Satyam and Quest have been selected to provide engineering support services to various aircraft programmes like the A-380 and A-350 . Four firms ��� Infosys, Satyam, Tata and Wipro ��� will be providing information system services including Infotech to to Airbus. The European major has reaffirmed its faith in Satyam.
���We are going to stand by them despite what has happened in past three months. We have a very good relationship with Satyam. The IT firm's board chief Kiran Karnik has explained the overall process and things will become clear by April-end ," said S Dwarkanath, Airbus' director (international cooperation).
Airbus, which will invest close to $1 billion here over the next decade in six major activities including aircraft design , said India will have the highest air traffic growth during 2007-11 , and also over the next two decades.
���India leads the pack of emerging markets in terms of aviation growth. Even in the slowdown affected period of 2007-11 , India will grow at 11.3%," said Christian Scherer , head of strategy.
Only China is expected to post a double digit growth of 11.1% during this period. All other areas, mature markets like west Europe, Japan, Australia and US and emerging areas are forecast to post a single digit growth.
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