Presented By: Shashank Sinha

Aerospace Industries combine aeronautics and astronautics to research , design, operate, manufacture or maintain vehicle through space and air. It is a very diverse field with multitude of commercial, industrial and military application. In most countries , aerospace industry is a cooperation of public and private enterprise. In India, Bangalore is a major centre of the aerospace industry, where Hindustan Aeronautics Ltd., the National Aerospace Laboratories and the Indian space research organisation are headquartered.

The civil aerospace sector (CAS) and the military aerospace sector (MAS) are defined and segmented into the following sub-sectors: 1. Aircraft & aircraft part manufacturers (A&AP) (including avionics and electronics) 2. Engine & engine part manufacturers (E&EP) 3. Maintenance, repair, and overhaul (MRO) 4. Space (Space) a) Satellite and space vehicle manufacturing, including guided missiles for the MAS b) Launch service providers for the CAS only 5. Training & Simulation (T&S)

2012 Aerospace & Defence Sales (USD Million)

Most of the leading players are involved in the manufacture of commercial and defence aircraft. In addition to the civil industry, large countries like the US are their major customers. For example, the Department of Defence (DoD) and the National Aeronautics and Space Administration (NASA) are the two largest consumers of aerospace technology in the USA. Similarly, the European Space Agency is a major customer for companies operating in the European Union.

The Indian Aerospace Industry has historically been dominated by large public sector units The first aircraft company, Hindustan Aircraft Limited, was established in 1940. This company later merged with Aeronautics India Limited and Aircraft Manufacturing Depot, Kanpur to form Indias largest aerospace major, Hindustan Aeronautics Limited (HAL). HAL is a prominent Government controlled entity and maintains 19 production units and 9 R&D centers in seven locations. HAL has been involved in several R&D programs for both defence and civil aviation and has assumed significant role in Indias space programs.

The Indian aerospace industry is one of the fastest-growing aerospace markets in the world with HNIs, corporates and airlines placing orders for an increased number of aircraft. All segments within aerospace are showing tremendous growth, including civil aviation, military aviation and Space research: Civil aviationIndias air passenger travel has been growing at almost 25 percent a year. According to Government estimates, growth in this sector will outpace the global average until 2025. Military aviationSecondary research indicates that India will spend about USD35 billion on military aviation over the next 20 years because most of its existing fleet needs to be replaced. SpaceIndia is one of the six countries in the world that undertakes Space launches. The Indian Space Research Organization (ISRO) under the Department of Space, Government of India, implements the Indian space programme involving the development and operation of satellites, launch vehicles and ground systems, for carrying out research and applications related to communications, remote sensing, meteorology and space sciences.

Due to the increasing demand in A&D equipment for the armed forces, India continues to be one of the promising A&D markets in the world. Milestones in certain deals are expected to be achieved in 2013, such as submarines, missiles, and, the Indian Air Force Medium Multi-Role Combat Aircraft (MMRCA). More overseas companies will be involved in the Indian market and new joint ventures are likely to be signed between Indian private and overseas companies. India offers not only an attractive market, but also gives cost advantages relating to basic design and engineering services, components, and assemblies manufacturing. This advantage could lead to the integration of overseas suppliers that directly supply equipment to the Indian government with the local manufacturing sector