Global Aerospace Firms Shift to India Amid Western Supply Chain Crisis

Global aerospace companies, including Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce, are increasingly sourcing components from India to mitigate Western supply chain disruptions. This shift has significantly boosted Indiaâs aerospace sector, with Bengaluru-based firms like Hical Technologies and JJG Aero experiencing substantial growth. Hical aims to double its aerospace division revenue to ₹5 billion ($57.57 million) within three years, while JJG Aeros revenue surged from $2 million to $20 million over six years. The Asia-Pacific aerospace market is projected to see a 54% revenue increase in 2024 compared to 2019, contrasting with stagnation in North America and Europe. Rolls-Royce plans to double its sourcing from India within five years, citing the countrys cost advantages and capacity to meet rising engine production demands. Airbus has also expanded its partnerships, awarding multiple aircraft door contracts to Indian suppliers. The Aerospace India Association estimates that Indias aerospace industry could capture 10% of the global supply chain market within a decade.