Bell hovers over $400 mn India chopper sale

Fort Worth (US): Looking at India as a major market to drive global sales over the next two decades, US aviation major Bell Helicopter is in the race to sell 197 helicopters to the Army in a deal estimated to be worth nearly 400 million dollars.
The company, which chalked up sales of 20 million dollars in India last year, expects demand for its helicopters will be largely from sectors like emergency medical services, corporate transportation and services for offshore oil fields, said Bob Fitzpatrick, Senior Vice President of marketing and sales.
"We expect the Indian market for helicopters to grow to 4.3 billion dollars over the next 20 years, with 40 per cent of the demand from the civilian sector," Fitzpatrick told a select group of Indian journalists who toured Bell's facilities in Texas.
29/05/06 AP/Financial Express

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