"We are adding more and more capacity to meet the ever-growing needs of the aerospace sector," Kunal Bajaj, president,aerospace division at Motherson Group, told FE.
"There is massive long-term latent demand in the aerospace industry. We will be adding capacity via organic and non-organic ways to meet the future needs of the industry," he added.
In terms of non-organic addition, the company has in the recent past completed several acquisitions in the aerospace business segment, including AD Industries and SMAST in 2023 and CIM Tools in 2022.
This story is from the March 27, 2024 edition of Financial Express Mumbai.
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This story is from the March 27, 2024 edition of Financial Express Mumbai.
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