BUSINESS VERTICALS

Business Verticals

Driven by the fast growing commercial aviation and increased defense spend, Indian aerospace industry is hailed as the sunrise industry of Indian economy. India’s national defense offset policy requires a minimum 30% plough back of foreign outflows from defense procurement and this is estimated to create an offset requirement of US$22 billion over the next 10 years which will further act as a catalyst to this growth.

These factors have lead to major global aerospace players establishing their presence and operations in India and have also propelled Indian players to take advantage of this opportunity.

As part of its development, GMR Aerospace Park is developing the following business verticals to support both civil and defense aerospace players wanting to initiate and establish business in India.

  • MRO Services
  • Manufacturing and Assembly
  • Logistics and Supply Chain Management
  • Aviation and Aerospace Training
  • Engineering Services