A series of
Joint Venture Companies (JVCs) to cater for niche areas with technologically
well established companies abroad has been planned and are being
established. Each JVC will be an independent company with 74% equity from
Alpha and 26% from OEMs. They will have a Board of Directors and
establish production / assembly / test facilities required for the
products. Market will be to cater for both National and International
requirements.
Joint Venture Companies
· As part of above, Alpha has concluded a Joint Venture Company with M/s. Elbit Security Systems
(ELSEC), Israel, for manufacture of the state of art equipment and
sub-systems, assemblies, components and manufactured parts for
Opto-electronics, Tank Upgradation Programs, UAVs, EW Systems, Communication
Systems, etc. The JVC equity is 51% from Alpha (as Indian Company) and 49% from
ELSEC as Foreign Direct Investment (FDI), to meet Government of India’s policy
of encouraging Private Sector participation in Indian Defence Production.
Subsidiaries
ALPHA – TOCOL ENGINEERING SERVICES (P) LTD (Alpha–Tocol)
· Alpha Design Technologies Private Limited has a subsidiary named ALPHA – TOCOL ENGINEERING SERVICES
(P) LTD (Alpha–Tocol) which
manufactures Airframe Structural assemblies for Aerospace Industries. Alpha-Tocol Engineering Services Pvt.
Ltd. is an Aerospace precision engineering industry established in 1972 as
Tocol Enterprises. The company originally started to Design and Manufacture
Tools, Assembly Jigs, Fixtures and Machined parts for Aerospace requirements.
During the liberalization of rules the company embarked to manufacture and
supply Airframe Structures to different divisions of Hindustan Aeronautics Ltd
(HAL). The company has acquired AS
9100 C and ISO 9001:2008 certifications.
Alpha Tocol is
a leading private, professionally managed aerospace industry supplying tools
& Gauges, Jigs & fixtures, Machined & sheet metal parts and
aircraft assemblies for the past 40 years. The Company is approved by all
divisions of M/s HAL, Mahindra Aerospace and NAL.
KORTAS INDUSTRIES (P) LTD (ALPHA - KORTAS)
· Alpha Design Technologies Private Limited has another subsidiary named KORTAS INDUSTRIES (P) LTD (ALPHA - KORTAS) at Thiruvananthapuram, who is a manufacturer specialized in the fabrication of complex structures and parts of launch vehicles like PSLV, GSLV, etc. of ISRO. The machine shop include Precision CNC Turning and Milling machines, Conventional Milling and Turning machines, Qualified TIG/MIG Welding facility, Qualified Heat Treatment Furnaces, Light Alloy Structure Fabrication facility, Complex Tube/Pipe Forming facility, Qualified Metrology facility, etc., with well qualified and ISRO trained engineers and technicians having a strength of about 80 personnel. Some of the subassemblies manufactured by Kortas Industries are ‘Thermal Protection Shields’, “Flux Seal Assembly’, etc. The company has got VSSC approved heat treatment facility.