The Alvest Group Joins Forces with India’s Millennium Aero Dynamics to Expand GSE Offering in the dynamic Indian subcontinental market
Partnership extends the three-decade long relationship and signifies growing demand within the Indian Market.
Alvest Millennium Aviation Leasing IFSC Private Limited (AMAL) is a joint venture incorporated between the Alvest Group, France and Millennium Aero Dynamics, India.
AMAL is incorporated as an IFSCA regulated company at Gujarat International Finance Tec-City SEZ.
The company intends to provide innovative Ground Support Equipment products and services market to meet the operational, environmental and commercial needs of Airline, Ground Handling & Airport Companies in the domestic and international markets.
Antoine Maguin, Group President & CEO, Alvest said “We are extremely confident and pleased with the engagement of our long lasting partner Millennium Aero Dynamics in paving the way for success with our joint initiative. AMAL will undoubtedly address the growing needs of the airlines, the ground handlers and the airports to make their operations leaner and greener“; Milan Zatakia, Chairman and CEO, Millennium Aero Dynamics mentioned “We are proud to be taking forward our association with the Alvest Group to meet the growing demand in our Indian markets, in which we serve and support hundreds of customers“.
AMAL will provide environmentally-friendly aircraft ground support equipment under a fully serviced operational lease. This provides customers with an option for equipment with zero CAPEX and allows them to focus on their operations alone without worrying about downtime.
AMALs innovative product offering will boost skilled employment in the aviation sector.
The Alvest Group
France based ALVEST is an international group dedicated to the design, manufacture and distribution of technical products for the aviation industry, which include aviation ground support equipment, services, spares and technical adhesives and markings for the aerospace and industrial markets.
The Alvest Group includes brands like Smart Airport Systems, TLD, Sage Parts and Aero Specialties or Alvest Equipment Services.
Millennium Aero Dynamics Private Limited
Millennium Aero Dynamics Private Limited has been operating as a trustworthy Service Provider to the Indian Aviation, Mining and Marine Industries for over three decades and has successfully transformed itself into a sophisticated end-to-end Solutions Provider. Millennium has a team of more than 900 engineers/ technical staff to support its operations.
