50 Manufacturing Companies – Rolls Royce Aerospace

The Indian government estimates India’s manufacturing sector will  breach $1 trillion by 2025. To that end, the government’s Make in India initiative is providing the groundwork for both small and large companies to develop advanced manufacturing capabilities and invest in technology upgradation.
The aerospace and defence (A&D) sector, in particular, has seen a resurgence with the launch of Make in India. The government’s priority to indigenise the A&D industry, attract global players to manufacture in India and lower the dependency on imports has provided the necessary boost to the sector. Today, the country has spring-boarded into international focus, not just as a hub for R&D but also as a centre for precision manufacturing of complex components.
With encouraging regulatory policies and enablers, increased private sector participation and global attention, India’s A&D manufacturing seems to be set on a positive growth trajectory. Additionally, the growth in domestic demand for commercial, military, and general aviation aircraft, as well as MRO services coupled with availability of skilled talent is ensuring the swift and sustained development of A&D manufacturing in the country.
Over the years, the A&D sector in India has shown a remarkable level of maturity, adapting quickly to support the growth of aerospace manufacturing by adopting international quality standards and establishing technologically advanced manufacturing facilities. Several Indian companies have proven themselves capable of providing first-time correct quality comparable to global standards. However, what needs to be kept in mind is that A&D is a highly technologically, capital and skill intensive industry. As India pursues manufacturing-led growth, it needs to move away from low-cost manufacturing and align with the global trend of embracing Industry 4.0 to boost its competitive edge.
Most of the elements that make up a successful A&D manufacturing ecosystem are already present in India. Increased focus on infrastructure and skill development, Industry 4.0 adoption as well as encouraging private sector partnerships will be critical for pursuing a sustainable growth in the sector.