Hyderabad-based Digilogic Systems has entered into a strategic partnership with ERAP Korea. Under the agreement, both companies will mutually explore and expand their business/operations in national and international markets especially South Korea, USA and Europe besides others. The partnership will enable ERAP Korea to strategically strengthen its footprint in the Indian defence and aerospace market, by teaming up with Digilogic systems.
With its expertise in multiple areas, including ground support equipment, on-board equipment supply, aviation and communications, aircraft MRO and upgrade, commercial aircraft MRO, avionics and component, aviation ICT system development, ERAP Korea will build synergies and work together with Digilogic Systems, thus strengthening efforts for localisation and ‘make in India’. Through the collaboration, Digilogic Systems will further enhance its technology and R&D expertise in the aerospace and defence markets.
Digilogic and ERAP Korea as strategic partners for aerospace and defence industries in India will explore more business opportunities together. Both companies mutually understand current market trends and create synergies for national and international expansion, expects Gerry Huh, CEO & Chairman, ERAP.
ERAP Korea, a South Korean test and measurement solutions company which is at the forefront of developing aerospace and military electronics. By joining forces with ERAP, Digilogics aims to further brace their technical expertise and capabilities towards providing state-of-the-art ground support equipment to Indian R&D and production organisations. Along with ensuring a sustainable future for the Indian R&D and production organisations and the wider defence and aerospace sector, this collaboration will also enable Digilogic to contribute actively in nation building through the ‘make in India’ initiative, expressed J. Madhusudan Varma, Managing Director, Digilogic Systems.
Digilogic Systems has been growing tremendously year-on-year with a consistent growth rate of 25 per cent from the last four years. The company is on an exponential growth path and is further targeting to reach a turnover of Rs 250 crore by FY 2025-26.