Frontier India Current Affairs

Written on April 24, 2008 – 7:58 pm | by FICA |

Positron Systems, Inc of Boise, Idaho and SRA Systems Limited of Chennai, India have signed an agreement where Positron will license its induced positron analysis technique to SRA and establish a Test Development Centre in Chennai.

The signing ceremony was held at the offices of SRA in Chennai on Friday, April 18. Present were many of SRA’s management staff, their Chairman, Mr. S. Srinivasan, Positrons’ CEO and invited guests from the Indian Society of Non-destructive Testing. The ceremony concluded a successful week of joint sales presentations across India, where Positron application solutions are being welcomed.

SRA already had a representative agreement in place with Positron and had made significant progress in the Indian market. Strong response from aerospace, utilities and materials testing companies in India required the establishment of a local test development facility. India plans to have 500 airports by 2020, roughly a twenty-fold expansion. Testing of the aircraft needed to support this growth provides a significant market for Positron.

Martin Hedley, CEO of Positron, stated: “SRA Systems provides us with substantial information technology, technical sales representation and technical drafting services in support of our global market. This agreement takes our relationship to a new level and ensures we will be responsive to
our customer base in the rapidly growing Indian economy. I am very pleased to be able to have my teams work with engineers at both SRA and the Indian Institute of Technology, where much of the material sample development, stressing and test auditing will take place.”