Home-grown companies are becoming huge suppliers of aircraft components for global manufacturers.
Dynamatic Technologies, Aequs, the Tata group, Mahindras and some other companies have turned India into the hub of supplying aeronautical parts, structures and designs for Boeing, Airbus and Bell Helicopter.
“There is some part made in Belagavi (where the company’s plant is located) in almost every commercial aircraft across the world,” Aravind Melligeri, Chairman and CEO of Aequs, told Money Control.
The business is growing stronger as days go by. Boeing’s sourcing from India is worth approximately $1 billion and the country’s contribution to Airbus’ global products is worth more than $650 million annually.
“From an engineering and manufacturing standpoint, Boeing’s India operations and our 275 partners in the country contribute to every Boeing commercial airplane worldwide and Boeing defence airplanes in India,” said Salil Gupte, President, Boeing India.
According to the report, Rémi Maillard, President and Managing Director of Airbus India and South Asia, said that every commercial aircraft or helicopter that is manufactured by Airbus has parts, design or technology from India.
“We not only support 7,000 jobs but are also constantly increasing India’s contribution to our global products through procurement of both components and services from more than 45 Indian suppliers,” said Maillard.
Mahindra Aerostructures is one of the several companies that supply aircraft parts to global manufacturers and Belagavi-based Aequs Aerospace is India’s first vertically integrated aerospace manufacturing ecosystem. It is also the largest supplier in India. Tata Advanced Systems (TASL), Tata Advanced Materials Limited (TAML) and Tata Automation Ltd (TAL) manufacture various parts for multiple aircraft programmes and Tata Boeing Aerospace Limited (TBAL) produces 777 uplock boxes – they are metallic structures that house the landing gear in retraction and 777 verticals that are designed to reduce aerodynamic side slips and provide directional stability.
Indian companies have definitely marked their place in the global aircraft component industry.
Source : India Times