At the Global Investors Meet (GIM) 2025 in Bengaluru, leading aerospace and defense companies, including Airbus, Rolls-Royce, Safran, and Collins Aerospace, announced plans to significantly increase sourcing from India. Rolls-Royce aims to double its supply chain sourcing over the next five years, focusing on complex aerospace and defense components. This move underscores India's growing role in the global aerospace supply chain and aligns with the nation's 'Make in India' initiative.
Additionally, Defence Secretary Rajesh Kumar Singh met with delegations from GE Aerospace, Safran, Leonardo S.p.A., Dassault Aviation, and BAE Systems during the Aero India 2025 event. Discussions focused on advancing strategic partnerships, technology transfer, and exploring new opportunities in the aerospace and defense sectors.
These developments highlight India's emergence as a key player in the global aerospace supply chain, attracting significant interest from international firms looking to expand their sourcing and partnerships within the country.
Source: Moneycontrol