Andalusian companies in the aeronautical industry meet with 15 large manufacturers and entities in the sector in India

Andalucía TRADE, through Extenda, has prepared this action

The meeting travels to various parts of the country and is held in the cities of Delhi, Bangalore and Hyderabad.

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La Junta de Andalucía has organized, from May 8 to 11, more than fifty business meetings between 8 Andalusian companies in the aeronautical industry and 15 large manufacturers and entities in the sector in India, which is currently the third global market for the commercial aviation industry and will be the third worldwide in general passenger aviation in 2026, according to the International Air Transport Association. The meeting travels through various parts of the country and is held in the cities of Delhi, Bengaluru and Hyderabad.

Andalucía TRADE, through Extenda, has specially designed this action to promote the diversification of the Andalusian aeronautics of the large manufacturers of the European Union. The objective is to promote international business in this sector, considered strategic by the Andalusian Government due to its importance as one of the main actors in the region's new productive model, based on innovation and knowledge. To this end, the Junta de Andalucía has launched the «Aerospace Strategy of Andalusia 2021-2027».

Likewise, last year 2022, Andalusian aeronautical exports rose by 39%, reaching the figure of 2.134 million euros, thus positioning the community as the one that contributes the most to the growth of sales of the Spanish industry with more than half of the growth (15 points above the national growth of 29,2%).

This mission opens new business opportunities, since the Indian aeronautical market is expanding. India is currently the fifth largest economy in the world, according to the World Bank, surpassing United Kingdom. In addition, its aeronautical sector has experienced significant growth due to the growing demand for air travel and its solid engineering and technology base.

According to Extenda data, India currently has a total of 130 operational airports. In addition, the government of India has implemented the 'Make in India' initiative with the objective of promoting the growth of the industrial sector, including the aeronautical sector. As part of this initiative, 100 new airports are planned. Furthermore, the aircraft fleet in India is expected to quadruple to approximately 2.500 aircraft by 2038. Recently, the government has procured 56 Airbus Defense and Space model C295 aircraft for the Indian Air Force, of which 16 will be manufactured in Spain.

 

Andalusia TRADE, through Extenda, organizes a commercial agenda of more than fifty interviews between Andalusian firms and buyers and institutions from the Asian country

 

Andalusian delegation in India

A total of 8 Andalusian companies participate in the extensive agenda of activities organized by Extenda, with the collaboration of its business antenna in India. Five of them are from Seville, and the rest from Cádiz and Málaga. They have moved to India Alestis Aerospace, Lamaignere, Indaero, Grupo Gazc and Gaptek, from Seville; Intec Air and Titania from Cádiz; and Aertec Solutions from Malaga. For three days they will have time to get to know the local market and the main aeronautical companies in India in three different cities: Delhi, Bangalore and Hyderabad.

The organization of this action by Extenda will be co-financed with funds from the European Union through the FEDER OP of Andalusia 2014-2020, endowed with a community contribution of 80%, or any other European Program that may co-finance this action.

Delhi, Bangalore and Hyderabad

The mission's agenda began on Monday, May 8 in Delhi with an institutional day in which meetings took place at the ICEX Commercial Office in the city; in Invest India and in the Ministry of Defense of India and in the Society Of Indian Defense Manufacturers-SIDM (Society of Indian Defense Manufacturers). The Andalusian delegation also visited the Airbus delegation in the country and a meeting was held with the institution European Business And Technology Center (EBTC).

Likewise, last Tuesday, May 9, the commercial agenda continued in the city of Bangalore, where the Indian company Mahindra Aerostructures was visited, specialized in the production of sheet metal parts and assemblies for the main aerospace and defense companies in the world.

On May 10, the Andalusian companies traveled to the city of Hyderabad, where they visited the Tata Advance System firm, a company that actively works on the program. 'Make in India' of the government and is dedicated to offering innovative solutions in the aviation sector related to hardware, software, technology and digital solutions, all integrated into platforms necessary to secure India's land, sea and air. At this same headquarters, Andalusian companies were able to present their offer, as well as hold individual interviews with the company.

Finally, Andalusian firms returned to Bangalore on May 11 to learn first-hand about Hindustan Aeronautics Limited, an Indian public sector aerospace and defense company and one of the world's largest and oldest aerospace and defense manufacturers. Likewise, they have had the opportunity to hold a business meeting with the Indian company Dynamatic Technologies Limited, in charge of designing and building highly engineered equipment and products for aeronautical applications. At its headquarters, Andalusian companies participated in a networking event to establish synergies and develop business opportunities.

Finally, the Andalusian delegation traveled again to Hyderabad and completed its agenda at Safran, an international high-tech group that operates in the aviation, defense and space markets and whose central purpose is to contribute to a safer world. and sustainable, where air transport is more respectful of the environment.