BDB is a Best Sales Research Companies in India

 BDB India Private Limited is a leading global business strategy consulting and market research company in India. Since 1989, BDB has been providing clients with solutions to expand their businesses in the Indian and international marketplace. We are an ISO certified company. BDB India is the leading global business strategy consulting and market research firm for automotive industry. BDB is a Best Sales Research Companies in India.rospace & Defense

Aerospace & Defense

The Aerospace and Defense (A&D) business in India is predicted to grow to a value of about $70 billion by 2030 as a result of government initiatives and improved infrastructure. The India defense budget is worth $74 billion in 2023 and is expected to achieve a CAGR of more than 4% during 2024-2028.

Component Manufacturing – This provides a compelling argument for Indian suppliers and global OEMs to consider India as a location for a key position in the global supply chain for aerospace components and parts. The combination of low costs in India and the availability of technical and engineering skills producing high-precision and high-quality components may result in a number of benefits. It is extremely likely that the aircraft business, as well as the services and components associated with it, will experience the same trends as the automotive (small car) industry.

In the past century, government-owned companies like HAL, NAL, ISRO, and others have largely been responsible for the advancement of domestic aerospace manufacturing of aircraft, helicopters, and other aerospace products. However, since the turn of the century, the private sector has aggressively expanded its participation, supported by major corporate houses have successfully entered the aircraft industry.[/vc_column_text]

Manufacturing Industry structure can be broadly classified into

1.    MOD and other government entities: For purchasing aircraft and other equipment for defence and other requirements.

2.    Aircraft/airplane, helicopter, space equipment manufacturers: OEMs largely restricted to PSUs like HAL, NAL, ISRO and other government entities.

3.    Ancillary Manufacturers of aerospace components and assemblies: Various types of metallic, non-metallic and composite parts for engines, aero structures, airplane interiors, space programs etc. for both domestic supply and exports to international manufacturers.

4.    MRO and other service operators: For maintenance and repair services for airplanes and other aircrafts.

India’s aerospace and defence industry is at a pivotal point as a result of the modernization and indigenization initiatives being carried out by all three services of one of the largest military forces in the world. The Indian Ministry of Defence has defined a thorough plan for updating outmoded equipment through long-term perspective plans, capability plans, capability roadmaps, and capital procurement plans. India is one of the biggest importers of weapons and defense platforms, thus the three services have collectively taken it upon themselves to be the forerunners of “Make in India” for the gear and infrastructure being incorporated into their fold. They are supported by specialized inter-service commands and institutions. The “Make in India” (also known as “Aatmanirbhar Bharat”) program of the Indian government has made significant efforts to advance the establishment of an indigenous manufacturing infrastructure supported by the necessary research and development ecosystem. The government of India had also designated the aerospace and defense sector as a focus area for the program

Defence – The structure of the defense industry in India is multifaceted, comprising a mix of public sector undertakings (PSUs), private companies, and partnerships with foreign defense firms. 

Public Sector Undertakings (PSUs):

1.    Hindustan Aeronautics Limited (HAL) HAL is one of the key players in India’s aerospace and defense industry, involved in the design, development, and production of aircraft, helicopters, and aerospace systems. 

2.    Bharat Electronics Limited (BEL) BEL specializes in the manufacturing of electronic equipment, including radar systems, communication equipment, and electronic warfare systems. 3. Bharat Dynamics Limited (BDL) BDL focuses on the production of missiles and missile systems, including surface-to-air missiles and anti-tank guided missiles. 

3.    Mazagon Dock Shipbuilders Limited (MDL) and 

      4. Garden Reach Shipbuilders & Engineers (GRSE)These PSUs are involved in the                     construction of naval vessels, including warships and submarines. 

5.    Ordnance Factories Board (OFB) OFB is responsible for the production of military hardware, ammunition, and small arms. 

6.    BEML LIMITED (BEML)BEML Limited (formerly Bharat Earth Movers Limited) was established in May 1964 as a Public Sector Undertaking for Rail Coaches & Spare Parts and Mining equipment as its Bengaluru complex.

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