In order to stay relevant, aerospace players need to understand these disruptive changes and incorporate them in to their business.
India is on the verge of a new age in manufacturing. The estimate by the United States Department for Agriculture Economic Research Service (USDA) forecasts that the Indian economy is on its way to be the third largest in the world by 2030 and the fifth largest manufacturing country by 2020.
According to a study by India Brand Equity Fund, the manufacturing sector is expected to contribute 25 percent to India’s total GDP and create 90 million domestic jobs by 2025. This accelerated growth and the government’s ‘Make in India’ scheme will propel India to become a popular manufacturing hub.
The Government of India has proposed several initiatives to indigenise the aerospace industry and attract global industry players to bring their manufacturing needs to India, as well as decrease dependency on imports. Strong economic growth, favourable policies, cost advantages and strong intellectual capital are some of the key drivers of this sector.
The sector will witness a shift from ‘print to build’ projects to ‘design to build’ projects in the near future. Both global and Indian aerospace companies, along with the Indian government, have set up R&D centres to develop state-of-the-art aerospace technologies to improve India’s profile and to create disruptive technological advancements.
This story is from the July 2017 edition of The Machinist.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 2017 edition of The Machinist.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
IGUS'S NEW ONLINE CONFIGURATOR FOR CUSTOM ROTARY ENERGY SUPPLY SYSTEMS
igus, the motion plastics specialist, now offers a rotation module online configurator that allows engineers to design, and order customised rotary energy supply systems in seconds.
WE CONSISTENTLY INVEST IN ADVANCED TECHNOLOGIES LIKE AUTOMATION, ROBOTICS, DIGITALISATION, AND SIMULATION
Nikhil Rao, VP of Operations at Flex India, discusses how Flex is redefining manufacturing through technology, sustainability, and a global workforce. He shares insights into Flex’s vision, investments in automation and digitalisation, the latest industry trends, including its partnership with the Reverse Logistics Association.
INDIA'S $300 BILLION ELECTRONICS GOAL RELIES ON INFRASTRUCTURE, R&D, SKILLS, AND MANUFACTURING
Imran Kagalwala, Co-Founder of UNIX India, discusses strategies and challenges in electronics manufacturing, including public-private partnerships, tariffs, and the Make in India initiative. He also highlights leveraging India's demographic dividend, achieving a 300 billion economy, and UNIX's Umbergaon facility in an interview with Nisha Shukla.
CCMS ENABLES REAL-TIME COLLISION DETECTION, ACTIVATING AIRBAGS AND EMERGENCY BRAKING
Mohan Babu University initiated the Continuous Collision Monitoring System CCMS) project, led by Prof. N. Harathi and students, to enhance safety technologies and provide hands-on experience with piezoelectric sensors, bridging education and industry needs. In an exclusive interaction with Nisha Shukla, Prof. Harathi discusses the project’s motivations, goals, market readiness, and challenges.
BLUPINE ENERGY LAUNCHES VOCATIONAL TRAINING AND COMMUNITY INITIATIVES TO BOOST LOCAL DEVELOPMENT
BluPine Energy, a leading renewable energy services company in India, has launched impactful initiatives to empower communities around its operational sites and promote sustainable development in Punjab.
POWERING INDUSTRIAL AUTOMATION ACROSS INDUSTRIES
Industrial automation has transformed production by providing precision and efficiency across various sectors. This article explores how Inovance Technology's solutions are revolutionising the manufacturing, energy, and transportation sectors with innovative products that enhance productivity and sustainability.
HOW FREE TRADE WAREHOUSING ZONES ARE BOOSTING INDIA'S ECONOMIC LANDSCAPE?
In an exclusive interaction, Ranjit Ray, Vice President Economic Zones, Middle East, North Africa, and Subcontinent, DP World, delves into the benefits and challenges associated with Free Trade Warehousing Zones FT WZs) in India, focusing on how they enhance global trade, streamline logistics, and provide unique advantages to various industries.
UNLOCKING THE POWER OF AI IN RECRUITMENT AND STAFFING FOR THE MANUFACTURING INDUSTRY
The author emphasises AI’s significant role in optimising hiring and workforce management in manufacturing industry; while also cautioning about potential challenges these technologies may bring to the sector.
OUR PARTNERSHIPS WITH UAE GOVT ENTITIES FOSTER A COMPETITIVE MANUFACTURING AND LOGISTICS ECOSYSTEM
For over two decades, Dubai Industrial City has been a key driver of innovation and sustainability in the region's manufacturing and logistics sectors. Ina discussion with Nisha Shukla, Saud Abu Alshawareb, Executive Vice President Industrial at TECOM Group PJSC delves into Dubai Industrial City’s cutting-edge infrastructure, its support for smart manufacturing under Industry 4.0, and the strategic partnerships that enable businesses to innovate and expand globally.
DRIVING INNOVATION, SUSTAINABILITY, AND THE FUTURE OF MOBILITY
The 8th Global Conference on Plastics in Automotive, held in Pune, concluded on a high note, offering the industry actionable insights and thought-provoking discussions.
