ATLAS ELEKTRONIK Sets Up India Subsidiary, To Expand Local Partnerships And Ventures

  • Our Bureau
  • 02:25 PM, May 15, 2013
  • 3564

ATLAS ELEKTRONIK has founded its subsidiary ATLAS ELEKTRONIK INDIA Pvt Ltd with headquarters in the capital city of New Delhi. The company’s primary objective is to intensify the existing partnership with the Indian governmental customer and to initiate and expand cooperative ventures with Indian industry.

ATLAS ELEKTRONIK INDIA Pvt Ltd will deal with market research, analysis, supply chain management and provide technical and logistical support to customers and to the German parent company.

Volker Paltzo, Managing Director of ATLAS ELEKTRONIK, said, “With its impressively dynamic economy and growing political influence, India is of key significance to ATLAS. With our new subsidiary ATLAS ELEKTRONIK INDIA, we wish to deepen the cooperation with the Indian clientele that has already been in place for many years.”

Khalil Rahman, CEO ATLAS ELEKTRONIK INDIA, said, “Since one of the main objectives of the Indian government is to build a large indigenous manufacturing base in the country, ATLAS ELEKTRONIK INDIA strives to build a coalition of partners in India, both in the public and private sector in order to help the Indian industry develop localized solutions suited to the needs of the Indian navy modernization programme. Our objective is to make long-term investment in the Indian market and remain committed to the indigenization needs of the Indian government “

ATLAS ELEKTRONIK GmbH in Germany is currently looking forward to be a part of some of the ambitious Indian navy programmes in the areas of sonars and torpedoes apart from the long term expansion programmes such as Project 75 India.

 

 

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