Indian aerospace manufacturers seek global orders; ask GOI for policy push

  • Industry News
  • May 17,24
The surge in orders has prompted global aerospace suppliers to ramp up sourcing from India. Airbus, in particular, is strengthening ties with Indian partners for various functions such as IT, engineering, and production.
Indian aerospace manufacturers seek global orders; ask GOI for policy push

Indian aerospace manufacturers are banking on a surge in orders from Indian airlines to attract more business from global giants like Airbus and Boeing, while also seeking support from the government to boost the sector.
"We have to be in line with what our procurement of aircraft is. If India has a 10% share of the order book, it should also have a 10% procurement share - it's a fair ask," said Aravind Melligeri, Chairman- Components Maker, Aequs; one of the top suppliers for Airbus.

Currently, IndiGo, Air India, and Akasa have an order book of nearly 1,700 aircraft from Airbus and Boeing, which is projected to increase to around 2,000 by March 2025, according to aviation consultancy firm CAPA.

Melligeri highlighted that Aequs, with a revenue of Rs 10 billion in FY23, is securing new contracts due to challenges faced by suppliers in other regions to meet rising demand. He emphasised the necessity of government intervention to promote indigenous aerospace manufacturing, citing policies in the Middle East that mandate local production as an example to follow.

The surge in orders has prompted global aerospace suppliers to ramp up sourcing from India. Airbus, in particular, is strengthening ties with Indian partners for various functions such as IT, engineering, and production. Guillaume Faury, CEO, Airbus, noted the company's plans to expand its presence in India, with an expected 5,000 Airbus employees in the country by 2025. Airbus is collaborating with the Tata Group to establish a final assembly line for civil helicopters in India.

Dynamatics Technologies, recently awarded a contract by Airbus to manufacture doors for the A220 family of aircraft, emphasised India's appeal to global manufacturers due to its abundant pool of skilled engineers. Udayant Malhoutra, CEO, Dynamatics, highlighted the significant opportunities presented by India's skilled workforce and emphasised the potential for growth in the aerospace sector.

Overall, the Indian aerospace industry is poised for expansion, driven by robust demand from domestic airlines and increased collaboration with global players, supported by favorable government policies.
(Source: ET)

Related Stories

Electrical & Electronics
Kerala CM unveils India’s first supercapacitor manufacturing facility in Kannur

Kerala CM unveils India’s first supercapacitor manufacturing facility in Kannur

With an initial investment of Rs 420 million, the plant is expected to enhance Kerala’s position as a hub for the electronics industry and support the country’s defence and electric vehicle sect..

Read more
Aerospace Defence
Cyient DLM secures Boeing contract for battery diode module for 787 Dreamliner

Cyient DLM secures Boeing contract for battery diode module for 787 Dreamliner

This contract represents the first project awarded to Cyient DLM by Boeing for the production of power electronics, alongside design and certification support for commercial aircraft, as stated in a..

Read more
Electrical & Electronics
Massive fire disrupts operations at Tata Electronics iPhone plant in Tamil Nadu

Massive fire disrupts operations at Tata Electronics iPhone plant in Tamil Nadu

The company is investigating the cause of the fire and has committed to taking appropriate measures to safeguard the interests of employees and stakeholders.

Read more

Related Products

Troop Comforts revolutionises military gear with indigenous innovations

Aerospace & Defence

Troop Comforts Ltd (TCL), a state-owned defence corporation, has recently received a request for proposal (RFP) from the Northern Command of the Indian Army for its indigenously developed military gea Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back