With A Long-term Vision, It Could Be ‘Game, Set And Match' India In Aerospace Manufacturing

Aequs is among world’s fastest growing precision engineering companies specializing in forging, precision machining, sheet metal fabrication, aero structure assemblies and surface treatment for the aerospace, defense and space sectors. Aequs operates several manufacturing facilities in India, US and France. The company is headquartered in Aequs SEZ, Belagavi, India's first notified engineering and precision manufacturing SEZ which is an integrated, self-sustained manufacturing ecosystem. With partners and offices across the world, Aequs has access to world-class expertise, insights and a robust leadership team.

- Aravind Melligeri

The eyes of the Aerospace and Defense (A&D) manufacturing world are presently on India. Does India have its eye on the ball? The global players are virtually willing India to win. Can we make the most of this tailwind to create a massive new manufacturing base to generate vast amounts of new jobs and wealth? That’s the USD100 billion question.

A booming middle-class is set to make India the third largest air passenger market by 2025. The aviation sector, with a combination of public and private investments in areas such as new aircrafts and airport infrastructure, is likely to witness USD15 billion invested over the next five years. Maintenance, repair and overhauling (MRO) spends for civilian aircrafts alone are likely to be in the vicinity of USD 1.5 billion in the next couple of years. And for airlines, MRO is the second largest expense head after fuel. In the defense sector, India’s increasing geostrategic stature and ambition already make it one of the world’s largest buyers with a budget of USD 50 billion.

In a country of India’s size, the potential opportunity of business for a new and rising sector will always seem dazzling on paper. Let’s look at why this opportunity isn’t a pie-in-the-sky and the reasons behind the A&D world looking at India with enormous interest.