CAIC meaning in Business ?

Answer:

What is Changhe Aircraft Industries Corporation mean?

Changhe Aircraft Industries Corporation (CAIC) (Chinese: 昌河飞机工业(集团)有限责任公司) is a Chinese helicopter manufacturer and supplier to the Chinese military. It is a member of the Aviation Industry Corporation of China (AVIC). The company is based in the city of Jingdezhen in Jiangxi province. Changhe employs 4300 employees in two production facilities with 1.29 million sq. metres and 0.22 million sq. metres of construction area. It has a joint venture with Agusta Helicopter (Jiangxi Changhe-Agusta Helicopter Co., Ltd) and relationship with Sikorsky Aircraft Corporation. Its subsidiary, Changhe Machinery Factory, is a major automobile company in China.

reference

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