STRATEGY DEVELOPMENT FOR ENHANCING COMPETITIVENESS AND EXPORT GROWTH FOR AEROSPACE
COMPONENT MANUFACTURERS
WITH SPECIAL REFERENCE TO AEROSPACE COMPONENT UNITS IN SOUTH INDIA, BANGALORE AND
HYDERABAD
The presentation should include the following details:
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Motivation for the Work
Introduction on the Research Topic
Current Issues and Trends
How are they being addressed in Literature
Proposed Work or Contribution Planned
Significance of the proposed Research
The duration of your presentation is 15 minutes and accordingly plan the number of
slides
Motivation for the Work
• Understanding the scope and the market at Global level in aerospace
and defense industries, thereby contributing to the current needs and
future industry demands.
• Global competitive study to meet market demands in India.
• to analyze Indian aerospace industry in order to develop projections
and scenarios that support strategic decision making as well as
innovation and risk management
Introduction on the Research Topic
• 1.1 Global Aerospace Industry
• Global aerospace production started in USA and Europe in the late 19th century. It expanded
worldwide through export, licensing and foreign direct investment from the late 1910s. The global
aerospace manufacturing sector consists primarily of about twenty large multinational corporations.
The aerospace component supply sector comprises of thousands of firms ranging in size from a few
employees to more than 100,000. According to industry estimates, the size of the global aerospace
segment will grow at 10%, reaching US$ 1.17 Billion by 2010 and US$ 2.6 Billion by 2020.
• The global aerospace industry has undergone radical change in the past decade. Industry growth
has shifted from the developed countries of North America, Western Europe, and Japan to the
developing countries of Asia, South America, and Eastern Europe. Industry experts have estimated
growth in the coming year in the mature markets of North America, Western Europe, and Japan is
expected to be flat. Sales in developing counties, however, are forecast to grow at 7.5 percent over
the same time period. Driving this robust sales growth is the emergence of a middle class in heavily
populated countries such as China and India.
Current Issues and Trends
Current Issues
• Lack of Highly skilled manpower
• set up of the overall industry
structure.
• Pandemic effect on production and
Current Trends
• Indigenous Defense Manufacturing
• Digital Army
• Some of the notable initiatives of
Center for Artificial Intelligence and
Robotics (CAIR), DRDO
• Startups/MSMEs Push
• Balancing the global supply chain
How are they being addressed in Literature
• combination of an independent OEM and the consortiumstrategy may be the central success factor for India
• government and corporate investment in aerospace educational
institutes. Adequate education and training facilities will have to
be developed.
• Industry specific incentives
• It is believed that the manpower skill level and the movement of
the Indian manufacturing sector up the value chain will have to
take place in parallel. Otherwise, such manpower is being
transferred to foreign countries with no particular advantage to
the Indian industry.
Proposed Work or Contribution Planned
• The government will have to concentrate on offset policy and IP
protection regulations.
• these policies are important to attract foreign aerospace
companies including OEMs and Tier-1 companies to set up
operations in India and facilitate a knowledge exchange.
Significance of the proposed Research