TIDCO’s Post

Tamil Nadu is set to achieve another milestone in aerospace and defence innovation with the upcoming launch of the Aerohub at SIPCOT Aerospace Park, Sriperumbudur. Scheduled to be operational by April 2025, this hub will be pivotal in creating a robust ecosystem for advanced manufacturing and design in the sector. Stay tuned for more interesting updates! #VentureCatalyst #BuildTN #TIDCO #AerospaceInnovation #DefenceManufacturing #InnovationInTN #TamilNaduGrowth Government of Tamil Nadu | State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) | Guidance Tamil Nadu | TNDIPR, Govt of Tamil Nadu | TIDEL Park Limited | Aerospace Industry Development Association of Tamil Nadu | Tamil Nadu Defence Industrial Corridor Sandeep Nanduri | B Krishnamoorthy IOFS | Wg Cdr P Madhusoodhanan | R Bhuvaneswari GM TIDCO | Nixon Raj | Abarna Renkarajan

In a major boost to Civil-Defence convergence in Indian #MROindustry the  the Indian Air Force) planning to #outsource some of its #maintenance and #overhaul facilities to private #MROplayers in India. Going ahead, the #IAF plans to induct #civilMROs to impart the know-how on managing back #shops and offering aircraft body #paintshop infrastructure at one of its Base Repair Depots (BRD) to reduce dependence on foreign equipment manufacturers (#OEMs). This is viewed by experts as an attempt by #IAF to handhold India's #MROindustry and to make the country #selfreliant and tap into the global MRO business which was worth $49.1 billion in 2023 and is projected to reach $66.2 billion by 2030. The Indian #MROindustry was $1.7 billion in 2021 and the market is expected to grow to $4 billion by 2031, as per a NITI Aayog Official report of October 2022. Approximately 80 instances of outsourcing certain #MROfacilities of the #IAF are at various stages of approvals since the process began in 2022. Last year, the IAF floated Request for Information (#RFI) to dual purpose its #heavy aircraft #maintenance facilities at #Hindon Air Base in Ghaziabad which can help #privateairlines to get their #aircrafts #repainted here rather than flying abroad for availing that #MROservices. Government of India (GoI) Ministry of Defence of India Air Works Group GMR Aero Technic Max AeroSpace & Aviation Pvt Ltd AI Engineering Service Limited Aman Aviation and Aerospace Solutions Pvt Ltd #MROhub #aerospacehub #civilMRO #maintenance #engineoverhaul #aircraftpaints #componentoverhaul #repairshops #capabilitydevelopment #MROecosystem

🛡️ Krishna Defence and Allied Industries Limited (KDAIL): Pioneering Innovation in India's Defense Sector! 💥 Established in 1996, KDAIL recently expanded its portfolio to include homeland and security products. With offerings like modular vehicle barriers, tire killers, launchers, and LED searchlights, KDAIL is reinforcing India's defence capabilities. Notably, the company garnered attention, with esteemed investor Ashish Kacholia joining forces in September 2023. Company serves clients like Ministry of Defence, Mazagaon Dock Shipbuilders Limited, Garden Reach Shipbuilders & Engineers Ltd, Goa Shipyard Limited. The current market cap of the company is Rs. 520 Cr and has increased by almost 5 times post-IPO; however, considering the strong order book and future outlook in the defence segment, it will be interesting to watch how the share performs..! Stay tuned for KDAIL's groundbreaking contributions to India's defence landscape! 🚀🇮🇳 P.s. - Not an investment advise. Do your own research..! #KrishnaDefence #DefenseInnovation #InvestmentOpportunity

📌 Check the comments section for the full News link. A Milestone for India’s Aerospace & Defence Sector! 🚀 On October 28, 2024, the Airbus C295 Final Assembly Line (FAL) was officially inaugurated in Vadodara, Gujarat, marking a pivotal moment in India’s journey towards self-reliance in defence manufacturing. This state-of-the-art facility, launched by Prime Minister Shri Narendra Modi and President Pedro Sánchez Pérez-Castejón of Spain, exemplifies the commitment to the ‘Make in India’ initiative.✈TATA Advanced Systems Limited (TASL) and Airbus are set to manufacture 40 C295 aircraft in this facility, delivering cutting-edge capabilities to the Indian Air Force (IAF) while boosting local manufacturing and generating jobs. N Chandrasekaran, Chairman of TATA SONS LIMITED, expressed pride in establishing the nation’s first private defence aircraft facility, enhancing India's defence manufacturing capabilities. 🙌💼 Michael Schoellhorn, CEO of Airbus Defence and Space, highlighted that this FAL is not just a facility but a catalyst for advancing the aerospace ecosystem in India, emphasizing the production of over 85% of structural components right here in the country. 🌍🔧With the first C295 expected to roll out in September 2026, this initiative sets a robust foundation for the future of India's aerospace industry. Let's celebrate this significant step towards a self-reliant India! 🎉 #TataAdvancedSystems, #TASL, #Airbus, #FinalAssemblyLine, #AirbusC295, #AerospaceDefence, #MakeInIndia, #AatmaNirbharBharat, #Nchandrasekaran, #MichaelSchoellhorn

BEML LTD. , in partnership with SODET, hosted the prestigious National Level Quality Circle Competition (QCC) in Mysore, bringing together SODET member organizations like Hindustan Aeronautics Limited, Bharat Electronics Limited, Garden Reach Shipbuilders & Engineers Ltd., MDL, DGQA, and Hindustan Shipyard Limited - India. The event provided a platform for participants to present impactful solutions to quality challenges in the defense sector, emphasizing self-reliance, precision, and collaboration as key drivers for improvement. This dynamic forum encouraged knowledge-sharing and focused on the effective utilization of technological resources. By fostering collective efforts, the competition underscored the importance of product enhancements, new technology development, and avoiding duplication of efforts to achieve greater efficiency and value for investments. Quality Council of India(QCI) #BEML #SODET #MakeInIndia #DefenseExcellence #Innovation

Thrilled to have been part of Tarang Shakti 2024, a remarkable event showcasing the future of defence technology and innovation. It was an incredible opportunity to engage with experts, exchange ideas, and explore the latest advancements that drive our industry forward. Proud to represent HP Aviation and contribute to the discussion on fueling the future of defence aviation. #TarangShakti2024 #DefenceInnovation #AviationFuel #FuelingTheFuture"

*𝐁𝐡𝐚𝐫𝐚𝐭 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜𝐬 (𝐁𝐄𝐋) 𝐚𝐧𝐝 𝐈𝐬𝐫𝐚𝐞𝐥 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐉𝐨𝐢𝐧𝐭 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐆𝐞𝐭𝐬 𝐀𝐩𝐩𝐫𝐨𝐯𝐞𝐝* *𝙒𝙝𝙖𝙩'𝙨 𝙩𝙝𝙞𝙨 𝙡𝙖𝙩𝙚𝙨𝙩 𝙪𝙥𝙙𝙖𝙩𝙚*⁉️ >The Indian government has given the green light to a joint venture between Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI). >This new company, named BEL IAI AeroSystems, will focus on providing product support, repairs, and maintenance for Medium-Range Surface Air Missile (MRSAM) Systems used in India. >This joint venture shows how India is ramping up its defence tech game by working with global players. It’s another step towards making sure India’s military systems stay in top shape and are ready for any challenges. *𝘽𝙀𝙇 𝙎𝙩𝙤𝙘𝙠'𝙨 𝙋𝙚𝙧𝙛𝙤𝙧𝙢𝙖𝙣𝙘𝙚:*📈 >The stock has shot up 111% in the past year and 57% this year alone. The government’s focus on localising defence production has really helped BEL grow. >Over the past five years, the stock has increased by a massive 700%. This makes BEL a major player benefiting from India’s increasing defence budget. 𝘼𝙗𝙤𝙪𝙩 𝘾𝙤𝙢𝙥𝙖𝙣𝙮:- Bharat Electronics Limited (BEL) is a public sector undertaking (PSU) under the Ministry of Defence in India that designs, develops, manufactures, and supplies electronic products and systems. BEL was established in 1954 in Bengaluru to meet the needs of the Indian Defence services. It primarily manufactures advanced electronic products for ground and aerospace applications. BEL is one of sixteen PSUs under the administration of Ministry of Defence of India. It has been granted Navratna status by the Government of India. ••Industry:- Aerospace, Avionics, Satellite communication, Defence ••Founded:- 1954 (70 years ago) ••Headquarters:- Bangalore, Karnataka, India Stock Price:- INR 285.70 Market Cap:- INR 2,144.32 Billion Rishabh Kale

The Government of India Official has ambitious plans to develop #aircraftdesign and #manufacturingcapabilities in India, collaborating with industry leaders like Hindustan Aeronautics Limited and National Aerospace Laboratories, Bangalore With this initiative the #government aims to move forward with an aim to manufacture planes not for #domestic demand only but also for the demand of the entire world. #MoCA is also keen on developing a special purpose vehicle (#SPV) to accelerate domestic commercial aircraft production. Currently, #HAL is producing small civilian planes on a limited scale. As India continues to be one of the fastest-growing aviation markets, with over 1,200 planes on order, the country is becoming a key market for manufacturers like Boeing and Airbus. The Bhartiya Vayuyan Vidheyak Bill 2024, passed by the Lok Sabha, Parliament of India in August, includes provisions to regulate #aircraftdesign and manufacturing, aligning with the Aatmanirbhar Bharat initiative. NITI Aayog Official Directorate of Public Relations, Ministry of Defence, India Ministry of Commerce and Industry, Government of India Ram Mohan Naidu Kinjarapu Airports Authority of India Rohit Tomar Seemaa S Vedaak Veena Chawla Rinaldo Rhine #aircraftmanufacturing #componentmanufacturing #aerospacehub #aviationhub #aviationlaws #policyregulations

The Hon'ble Raksha Mantri launched a new set of Defence Innovation challenges under a new scheme of IDEX called ADITI. 17 challenges (problem statements / projects) have been launched, one of which is: "Fabrication, integration and testing of one prototype AUV as per 'Jalkapi' design by the Indian Navy". Details of the ADITI scheme are given here: https://lnkd.in/gPgabPWr Apply here: https://lnkd.in/gmkgGXqR Last date for application is 4th April 2024 (one month from today). This will be followed by screening, and shortlisted firms will be asked to present their proposal and submit supporting documents theteafter. Matching contribution of up to Rs. 25 CR would be provided by the Govt. (MoD/ DDP/ IDEX). Aim is to place order on selected firm by May 24. Expected duration for making the 'Jalkapi' AUV prototype is about two years, i.e. by mid-2026. After successful prototype, order would be placed on the same firm for (at least) three such AUVs. #iDEX #defenseinnovation

The #SIDMChampionAwards are a terrific initiative to acknowledge Indian industry's unwavering commitment to answering the Honorable Prime Minister's call to establish an AatmanirbharBharat. It's encouraging to see the private sector's dedication to supporting domestic production and technological development, which are essential to India's growth as a global manufacturing hub. These awards celebrate the accomplishments of Indian firms that are leading the way in innovation and self-reliance. Their work will undoubtedly have a good effect on the country's future economic growth. iDEX Defence Innovation Organization DRDO, Ministry of Defence, Govt. of IndiaCoreEL Technologies @defenceminindia