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Cobham Creating Subsidiary In India

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Britain's Cobham plc said yesterday it is establishing a subsidiary in India early next year to help it forge closer relations with key customers and business partners, in particular to respond to defense offset commitments that are part of any contracts the company is awarded in India. "Part of the remit of Cobham India Private Limited includes putting in place structures and processes to ensure that we are well positioned to respond to defence offset commitments," Andy Stevens, who takes…

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