CURRENT AFFAIRS

Detailed explanation-1: -Tata Advanced Systems Limited (TASL) and Bell Helicopter, a Textron Inc . company, have signed an agreement to work together in support of India’s aviation and defense modernisation initiatives with an emphasis on ‘Make in India’.

Detailed explanation-2: -It is a fully owned subsidiary of Tata Sons, a holding company for the Tata Group.

Detailed explanation-3: -TASL has capabilities across the aerospace value chain – design & engineering, industrialization, tooling, parts fabrication & assembly and has recently started India’s first military radar assembly facility in private sector for Indian Navy.

Detailed explanation-4: -Tata Advanced Systems Limited is a Non-govt company, incorporated on 19 Sep, 2006. It’s a public unlisted company and is classified as’company limited by shares’.

Detailed explanation-5: -Prime Minister Narendra Modi on Sunday laid the groundwork for the C-295 aircraft manufacturing plant in Vadodara, Gujarat. Airbus and Tata Advanced Systems Limited’s joint venture will manufacture 40 C-295 military transport planes at the facility as part of a Rs 22, 000 crore deal to supply 56 such planes.