Latecoere launches operations in India

Latecoere, through its Interconnection Systems branch - No. 2 worldwide in onboard wiring – announce the opening of a new production facility in Belagavi, a city located in India's aeronautics hub in the state of Karnataka.

The new site will help meet the requirements of contracts recently signed by Interconnection Systems with key accounts such as Dassault Aviation, Thales and a number of cabin suppliers including FACC. These new wins, which will earn additional annual revenues of around €25 million, will benefit from Latecoere's know-how: engineering in France and production split between Mexico and India.

The new plant, which will start production in Q3 2018, will be initially assigned to harness assembly for Dassault Aviation and Thales. The first production runs will be temporarily housed in an existing 1,300 m2 factory pending construction of a new 4,000 m2 building complex in Aequs economic zone. The plant will benefit from an ecosystem specifically dedicated to the aeronautics industry.

Latecoere CEO Yannick Assouad said: "This new site is a testimony to the sales efforts to conquer new markets, one of the cornerstones of Transformation 2020. The know-how of the Interconnection Systems teams has once again won global recognition by the industry. The new plant is designed to make the Group more competitive and will help us to support our customers in their development initiatives."