
Our country’s aerospace industry is witnessing unprecedented growth, with global giants like Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce expanding their parts sourcing from India. This shift is not just a sign of global supply chain diversification but a testament to the progress made under the Modi government’s economic and industrial policies. From “Make in India” to the Production-Linked Incentive (PLI) scheme, these initiatives have propelled India into a key player in the global aerospace sector, reinforcing our country’s strategic and economic significance. For years, India’s aerospace sector remained underdeveloped, with domestic firms struggling to compete globally. However, the past decade has seen a transformation. Airbus has committed to sourcing $3.5 billion worth of parts from India annually by 2025, while Boeing, Collins Aerospace, and others have significantly increased their investments. This surge in sourcing is not just about cost efficiency; it highlights India’s growing reputation as a reliable, high-quality manufacturing hub. One of the biggest contributors to this success is the Modi government’s proactive approach to creating a favorable business environment. The “Make in India” initiative, launched in 2014, focused on making India a global manufacturing powerhouse. It provided incentives, reduced bureaucratic hurdles, and encouraged both foreign and domestic firms to invest in high-tech industries, including aerospace. Several policy measures have played a critical role in this transformation. The government has liberalized foreign direct investment (FDI) norms in the defense and aerospace sectors, attracting international players. The PLI scheme has further incentivized local manufacturing by offering financial benefits to companies investing in advanced production capabilities. Additionally, India’s defense procurement policy has increasingly favored local manufacturing. The push for indigenous fighter jets, helicopters, and drones under the Atmanirbhar Bharat (Self-Reliant India) initiative has strengthened the domestic aerospace ecosystem, making it more attractive to global players. While the growth is encouraging, challenges remain. India must continue investing in cutting-edge technology, improving supply chain efficiency, and skilling its workforce to meet global aerospace standards. The Modi government has made strides in addressing these issues through initiatives like the Skill India program, but sustained efforts are required. The increased sourcing by Airbus and other aerospace giants is a validation of India’s rising stature in global manufacturing. Under Modi’s leadership, India is not only strengthening its economy but also positioning itself as a vital player in the high-tech global supply chain. If this momentum continues, India could soon become a world leader in aerospace manufacturing, fulfilling the vision of an Aatmanirbhar Bharat.
Our country’s aerospace industry is witnessing unprecedented growth, with global giants like Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce expanding their parts sourcing from India. This shift is not just a sign of global supply chain diversification but a testament to the progress made under the Modi government’s economic and industrial policies. From “Make in India” to the Production-Linked Incentive (PLI) scheme, these initiatives have propelled India into a key player in the global aerospace sector, reinforcing our country’s strategic and economic significance. For years, India’s aerospace sector remained underdeveloped, with domestic firms struggling to compete globally. However, the past decade has seen a transformation. Airbus has committed to sourcing $3.5 billion worth of parts from India annually by 2025, while Boeing, Collins Aerospace, and others have significantly increased their investments. This surge in sourcing is not just about cost efficiency; it highlights India’s growing reputation as a reliable, high-quality manufacturing hub. One of the biggest contributors to this success is the Modi government’s proactive approach to creating a favorable business environment. The “Make in India” initiative, launched in 2014, focused on making India a global manufacturing powerhouse. It provided incentives, reduced bureaucratic hurdles, and encouraged both foreign and domestic firms to invest in high-tech industries, including aerospace. Several policy measures have played a critical role in this transformation. The government has liberalized foreign direct investment (FDI) norms in the defense and aerospace sectors, attracting international players. The PLI scheme has further incentivized local manufacturing by offering financial benefits to companies investing in advanced production capabilities. Additionally, India’s defense procurement policy has increasingly favored local manufacturing. The push for indigenous fighter jets, helicopters, and drones under the Atmanirbhar Bharat (Self-Reliant India) initiative has strengthened the domestic aerospace ecosystem, making it more attractive to global players. While the growth is encouraging, challenges remain. India must continue investing in cutting-edge technology, improving supply chain efficiency, and skilling its workforce to meet global aerospace standards. The Modi government has made strides in addressing these issues through initiatives like the Skill India program, but sustained efforts are required. The increased sourcing by Airbus and other aerospace giants is a validation of India’s rising stature in global manufacturing. Under Modi’s leadership, India is not only strengthening its economy but also positioning itself as a vital player in the high-tech global supply chain. If this momentum continues, India could soon become a world leader in aerospace manufacturing, fulfilling the vision of an Aatmanirbhar Bharat.
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