Maini Group To Unveil Expansion Plan At Aero India
The Maini Group, a key Indian defence company, has announced that it would be sharing details regarding its expansion plans at the Aero India 2013 to be held at Yelahanka air base in Bangalore from February 6 to 10.
The group has acquired industrial land in preparation for its expansion of plant facilities and is concentrating on long-term aerospace and defence strategic plans spanning the next two decades. For this purpose, it is currently in talks with global and domestic aerospace leaders in order to explore the right opportunities, the company said here.
The Maini Group has set its eyes on growth in the Indian aerospace industry, which is expanding rapidly at an exponential rate. The company will be participating and exhibiting its products at Aero India 2013.
The group also announced that Maini Precision Products Private Limited (MPP) has achieved a unique distinction in India in 2012 by becoming a direct sub-tier partner with two global aerospace prime contractors, supplementing its already impressive list of customers, who are the global who-is-who of aerospace domain.
MPP has been steering its aerospace aspirations through Maini Global Aerospace (MGA).
"MGA is associated with global majors as direct suppliers and also to a host of global aerospace leaders like Snecma, Eaton, Magellan, Marshall, Parker, Avio, GE, MTU, HAL, SnecmaHAL and Hamilton Sundstrand. The MGA strategy is to grow up the value chain in the domains of aerospace parts manufacture such as aero-structures, precision and aero-engine parts and aircraft systems," according to Naresh Palta, Chief Executive Officer of MGA.
MGA is also one of the few selected Indian Offset Partners (IOP) with global aerospace majors. Having already commenced supplies against offset programmes, the MGA team has recently begun the manufacture of mechanical parts for space applications.
The Maini Group also enters its fourth decade of industrial build up in 2013. From its modest beginning of manufacturing precision components and assemblies for the automotive, hydraulic, material handling and engineering industry by its flagship company MPP, the group has grown to become a six-company entity.
Widely known for its innovative and revolutionary electric car 'REVA' and eco-friendly material handling solutions, the group diversified into aerospace activities in 2005 by manufacturing precision machined parts for the Snecma's widely used CFM 56 engines.
It will maintain a high focus on leveraging its diverse strength in design, manufacture, innovation, integration, international joint ventures, strategic alliances, and technology absorption to propel itself as a strong aerospace and defense entity, the company added.
The Group, founded in 1973, with a single company has grown to a multi-unit Group of six companies with over 1500 employees spread over 14 locations. The Maini Group is one of India's premier design and manufacturing entities. While the manufacturing base is in India, warehousing and marketing networks extend across more than 25 countries with well over 50 per cent of turnover exported to over several international customers.
Apart from Aerospace, Maini Group also has plans to diversify into defense land systems. The recent acquisition and launch of Tomcar all-terrain vehicle at Defence Expo at Delhi in March 2012 is aimed at tapping the Indian defence and paramilitary organisations' needs.
The award winning eco-friendly airfield support vehicles manufactured by another group company, Maini Materials Movement Private Limited (MMM), are now in use with the various defense establishments and airline operators across India.
Maini Group To Unveil Expansion Plan At Aero India
U.S., France Top Participants in Aero India
NEW DELHI — The United States will continue to top the list of participants at Aero India 2013, the biannual aero show at Bangalore being held from Feb. 6-10. U.S. participation has increased from 63 companies in the 2011 show to 67 this year, followed by 49 participants from France, 33 from the United Kingdom and 29 from Russia.
However, Germany has slashed its participation from 43 companies in 2011 to 22 in 2013.
In all, 607 companies, including 352 foreign, and 78 official national delegations have confirmed their participation in the show, said an Indian Defence Ministry official.
The value of the Indian defense market is estimated to jump from the projected $100 billion to $150 billion in the next seven to 10 years because the country has to prepare to fight China and Pakistan simultaneously, says Nitin Mehta, a defense analyst.
Show highlights are expected to be the display of the Indo-Russian Fifth Generation Fighter Aircraft (FGFA) and the homemade weaponized version of the Advance Light Helicopter Mark-4. Among the static displays will be the homemade Light Combat Aircraft and the Rustom and Nishant UAVs.
Unlike 2011, when the focus was on the $11 billion Medium Multirole Combat Aircraft (MMRCA) program, this year’s interest will be on the FGFA, which could see a potential order of $25 billion from the Indian Air Force. However, the roadmap of work participation in the FGFA has still to be finalized.
India’s Hindustan Aeronautics and Russia’s Rosoboronexport and Sukhoi Design Bureau will jointly develop and produce the FGFA, which is based on Russia’s T-50 aircraft, prototypes of which are already fighting.
In November of 2011, the Pentagon told the U.S. Congress that it was prepared to offer the Joint Strike Fighter to India. New Delhi, however, has not responded to the offer and Defence Ministry officials have said the MoD will go ahead with the Russian FGFA.
India contracted for Boeing’s C-17 Globemaster transporter last year, and the Pilatus PC-7 Mark-2 basic trainer, contracted from Switzerland, will fly at the show. The Indian Defence Ministry is considering acquiring additional C-17s beyond the 10 already contracted for at a cost of $4.1 billion last year.
The Indian Air Force plans to induct more than 350 fighter jet aircraft by the end of the decade, including 126 from the MMRCA program, more than 160 new Russian-made Su-30 MKIs and over 140 homemade Light Combat Aircraft.
http://www.defensenews.com/article/...310023/U-S-France-Top-Participants-Aero-India
