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US-Based GS Precision & Jeh Aerospace to make aero-engine parts in Hyderabad
Industry News- Jun 03,24
This partnership also capitalises on India's robust talent pool and reinforces the concept of ‘friendshoring’ critical components within the United States aerospace industry.
Jeh Aerospace, a desi startup making aerospace and defence components, tools, and assemblies, and US-based GS Precision, a leading manufacturer of critical components for the same industries, have entered into a manufacturing partnership. They will establish a dedicated production facility in Hyderabad.
Matthew O'Connell, President & CEO, GS Precision, said, “I am thrilled to expand our manufacturing capacity with Jeh Aerospace. Their capabilities complement our domestic base for the production of aerospace components. This capacity will allow us to continue to meet our growing customer demand for high-quality, precision-manufactured components."
Jeh Aerospace was cofounded by Vishal R Sanghavi and Venkatesh Mudragalla, who have held leadership roles at Boeing, Lockheed, and Sikorsky joint ventures with the Tata Group in India.
Sanghavi & Mudragalla commented, “The US aerospace and defence manufacturing industry is severely constrained due to labour shortages, talent attrition, and high costs. Jeh Aerospace will leverage the talent base of India and its state-of-the-art manufacturing and digital technology to build supply resiliency for leading US-based aerospace and defence manufacturers like GS Precision.”
The facility will manufacture precision machine components for commercial aero-engines.
"This strategic alliance aims to enhance GS Precision's global supply chain, ensuring world-class quality, timely delivery, and adherence to cost commitments for their original equipment manufacturer (OEM) customers. This partnership also capitalises on India's robust talent pool and reinforces the concept of ‘friendshoring’ critical components within the United States aerospace industry," the two companies said in a statement.
Pratyush Kumar, Angel investor, Jeh and Advisor- VC firm General Catalyst stated, “The commitment from GS Precision is a great proof point of aerospace and defence opportunities in the US—India corridor and represents a significant endorsement of aerospace manufacturing in India. I believe the team at Jeh Aerospace is in a strong position to surpass GS Precision’s expectations.”
(Source: Times Of India)
Make In India
USA
GS Precision
Jeh Aerospace
manufacturing
production facility
Hyderabad
aerospace and defence
Matthew O'Connell
Vishal R Sanghavi
Venkatesh Mudragalla
Pratyush Kumar
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