Wipro Infrastructure Engineering (WIE) recently signed an agreement with Spanish firm Compania Espanola De Sistemas Aeronauticos (CESA) for manufacturing of precision engineered components for the aerospace and defence sector. Wipro will make an initial investment of $15 million. CESA is a subsidiary of the global aerospace and defence corporation, EADS.

Pratik Kumar, President of WIE, said: “The agreement involves transfer of technology as well as manufacturing workload for Aerospace actuators and related precision engineered components from CESA to Wipro.

“Aerospace and defence (A&D) is a huge opportunity area for us to leverage our core competences. We will invest around $15 million in the initial phase in establishing a greenfield venture for the manufacture of these components in the new SEZ for aerospace being set up at Devanahalli by Karnataka,” Kumar said.