Dynamatic Technologies boosts Make in India initiative

Dynamatic Technologies expanded manufacturing of major assemblies of Bell 407 at the Aerospace Park, Bangalore.

The company has inaugurated its first facility at the KIADB Aerospace Park, next to the Bangalore International Airport. It is the first facility on the sprawling 27 acres Dynamatic Aerotropolis.

The company will manufacture major sub-assemblies of the Bell 407 from the park, with gradual expansion of the work package for Bell 407. Recently, Israel Aerospace Industries and Dynamatic Technologies has signed a co-operation agreement on Mini UAVs in India.

Dynamatic Technologies' management believes that Bell Helicopter is an extremely capable partner that will bring high technology and artisanal skills along with an incredible commitment to ‘Make in India’. Their capability-insertion, knowledge-transfer and skill-sharing practices are quite mature, and of great benefit to the company and the Indian Aerospace ecosystem.

The share price of Dynamatic Technologies reduced by 0.13 per cent and closed at Rs 2,948.35 on Friday. The company has given more than 82 per cent returns to its shareholders in the last one year.