Update on Aerospace Industry in India

Discussion in 'Economy & Infrastructure' started by Sam Fisher, Sep 11, 2014.

  1. Sam Fisher

    Sam Fisher New Member

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    Perhaps this is the best time for Aerospace Industry in India. Why ? US is going to have reforms in its Export Control.This will ease the work export to India.
    This allows greater work flow from US to Indian companies and Indian subsidiaries of US companies.
    Boeing and other companies will look forward to this reform.There is a reason though.The Profit margins in Aerospace Industry is really bad unlike Automobiles or electronics which have huge margins.
    This is where India can play a role with its large talent pool.Aerospace Companies are looking to optimize their product life cycle and manufacturing process to increase the profit margin.
    For now Manufacturing is a distant dream due to factors like Raw materials and their shipping.But we have huge potential for assembly line and we already have some companies in bangalore that does little but crucial assembly work for aerospace companies.
    All this aside Jobs in Aerospace Sector are predicted to increase by four fold in India.This is good for the economy and will be in line with Make in India Policy. :thumb:
     
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  3. Srinivas_K

    Srinivas_K Senior Member Senior Member

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    India is going to be a giant in Aero space industry.

    In my state Govt. is building three international airports and an airport in every district.

    Once the Rafale deal is signed then India will get TOT that can be used in defense.

    There are Aero space giants who are willing to set up manufacturing in India.

    We should grasp the technology and make our own brands rather than allowing the foreign powers to use our market.



     
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  4. Sam Fisher

    Sam Fisher New Member

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    I agree...The future is really bright...And added to that Job security in Aerospace sector is high until unless companies go bankrupt like Hawker beechcraft.
    Is that state by any chance Andhra ? Just curious.I am from Vizag.
     
  5. Srinivas_K

    Srinivas_K Senior Member Senior Member

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    Yes :thumb:

    I am from vzm :)
     
  6. faizan300

    faizan300 Regular Member

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    Well, this industry is improving day by day.
     
  7. cobra commando

    cobra commando Tharki regiment Veteran Member Senior Member

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  8. cobra commando

    cobra commando Tharki regiment Veteran Member Senior Member

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  9. cobra commando

    cobra commando Tharki regiment Veteran Member Senior Member

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  10. cobra commando

    cobra commando Tharki regiment Veteran Member Senior Member

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