Mahindra & Shachaf Engineering to collaborate on Strategic Electronics for Aerospace, Marine & Automotive Applications

Tel Aviv / Mumbai, July 04, 2017 A Memorandum of Understanding to collaborate on the design, development & manufacture of strategic electronics was signed at Tel Aviv today, between Shachaf Engineering of Israel and Mahindra Telephonics of India.

Under this arrangement, Mahindra Telephonics would look to jointly develop strategic electronics subassemblies and systems for aerospace, marine & automotive applications with Shachaf Engineering. The scope of work would involve design, manufacturing and sourcing activities in Israel and India. Technology transfer & organization of training in specific areas, as jointly identified by the parties, would also be part of the scope of the collaboration.

Mr. S P Shukla, Chairman, Mahindra Aerospace and Group President-Aerospace & Defence, Mahindra Group, observed that "Both entities are part of large business houses with diversified yet complementary interests in strategic electronics. With this first step of collaboration, we expect to offer state of the art, cost-effective solutions for global and Indian customers, and also address Make in India initiatives of the Indian Government. We believe that this Indo-Israeli collaboration would synergistically combine our capabilities with technical strengths of Shachaf Engineering"

Mr. Zeev Harel, CEO Shachaf Engineering said, "We are more than excited to work with Mahindra Telephonics. We are keen to bring to the table our in-house expertise as well as technical know-how from TTM Technologies (with whom we have a long term relationship and represent in Israel as well as in India since 2006) to the current and future design of new generation systems in different segments of activities. We are confident that the two parties will enjoy an in-depth relationship and trust."

About Shachaf Engineering

Shachaf Engineering (Z.Harel) 96 Ltd. is a private Israeli company, based in Israel, having offices in China and in India, Bangalore. Shachaf has many of expertise in designing edge technology PCB, PCBA, BP, sheet metal, Heat Sink, AL and copper CNC parts as well as knowhow in LTCC substrates for RF applications . Shachaf represents TTM Technologies, one of the most advanced PCB companies, as well as other manufacturing companies in the Far East.

Among a large program in India Shachaf works with are Tejas Networks, C-dot, BHEL, BEL, VMC, ECIL, ITI, Fibcom. Major customers in Israel are Mellanox, Ceragon, AirSpan, Radwin, EPD, Light Instrument, Verint, GivenImaging and Flextronics.

About Mahindra Telephonics (www.mahindratelephonics.com)

Mahindra Telephonics (MTIS) leads the Mahindra Group's interests in Strategic Electronics. A JV between the Mahindra Group & Telephonics, USA, MTIS operates a state of the art plant in India with comprehensive capabilities for development and manufacture of airborne radars and electronics systems. It is the first Indian private sector company to manufacture airborne radars in India. The company has strong collaboration with global OEMs and offers advanced radar systems for aerospace, marine & ground applications. The company exports FAA qualified airborne radars to Telephonics, USA.

About Mahindra

The Mahindra Group is a USD 19 billion federation of companies that has a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, components, commercial vehicles, consulting services, energy, industrial equipment, logistics, real estate, steel, aerospace, defence and two wheelers. Headquartered in India, Mahindra employs over 200,000 people across 100 countries.

Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise

Media contact information:

Shubhada Dharwadkar
Group Communications
Mahindra & Mahindra Ltd.
Tel: +91-22-24901441
dharwadkar.shubhada@mahindra.com

Zeev Harel
CEO
Shachaf Engineering ( Z.Harel ) 96 Ltd.
Tel : + 972 3 6410 887
Zeev_harel@shachaf.com

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