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.

·   Alpha signed a JVC Agreement with M/s. Elettronica, Italy,  for productionisation of Phased Array Jammers for fighter aircrafts and on other RW Programs for Army, Navy & IAF. IL has already been granted by MOD and JVC has already started functioning.

Subsidiaries

·   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. 

For more information on Alpha-TOCOL, you can visit: www.alphatocol.com