C Shivakumar @ CHENNAI:
Tamil Nadu government is planning to set up a Aerospace industrial park which will have access to the runway at Air Force Station in Sulur, making it an ideal hub for investments in Maintenance Repair and Overhaul (MRO), according to official sources.
This comes as TIDCO has floated a tender for identifying consultants for the preparation of techno economic feasibility report (TEFR) for the proposed industrial park in 200 acres of land.
By establishing the Aerospace Industrial Park, TIDCO aims to tap into the immense aerospace manufacturing potential in Tamil Nadu and provide the necessary infrastructure for the growth of this sector. This endeavor will not only create opportunities for manufacturing companies but also generate employment for the skilled workforce in the state, according to sources in TIDCO.
Coimbatore, renowned as an engineering hub, has a robust ecosystem of enterprises involved in the aerospace sector. Many of these companies are currently supplying components, equipment, and subsystems to Hindustan Aeronautics Limited. Coimbatore also houses a Base Repair Depot of the Indian Air Force, further solidifying its credentials as a strategic aerospace hub. The proposed aerospace industrial park is strategically located which can attract investments from the future platform projects of HAL as well.
Through TIDCO, the designated nodal agency for the development of Tamil Nadu Defence Industrial Corridor (TNDIC), the state government is undertaking numerous initiatives for creating a conducive ecosystem for Aerospace and Defence industries to energize and sustain
the growth potential of this sector in the state.
This also comes as the Union government has put forward the vision of achieving Rs 1,75,000 crore in aerospace and defence manufacturing and export of Rs 35,000 crore by 2025. One of the critical constraints in the way of attracting investments in the sector is lack of availability of adequate infrastructure for growth of aerospace and defence industries. Establishment of this greenfield industrial park will provide the necessary infrastructure to the aerospace and defence industries to grow and meet the increased demand, official sources said.
Official sources told TNIE that the Indian aviation market is poised to become the third largest in the world by 2026 and this represents a significant growth in the MRO market. Air India has placed an order of more than 800 new aircrafts which shows the increasing requirement for domestic MROs in the country. The MRO market in India is expected to grow from $1.7 billion to $4 billion by 2031. Also, the synergy between the civil and military MRO, which currently does not exist, is expected to be the norm in the future and would enhance the demand of aircraft components, official sources said.
Sources also indicated that the Ministry of Civil Aviation has recently announced the UDAN 5.0 which focuses last mile connectivity using smaller aircraft with seating capacity of 20 or less, operating from small airports. This scheme will boost the manufacturing of small aircrafts domestically and will increase the requirement of aviation components. This will attract a large number of investments in the aerospace components manufacturing, sources added.
Tamil Nadu government is planning to set up a Aerospace industrial park which will have access to the runway at Air Force Station in Sulur, making it an ideal hub for investments in Maintenance Repair and Overhaul (MRO), according to official sources.
This comes as TIDCO has floated a tender for identifying consultants for the preparation of techno economic feasibility report (TEFR) for the proposed industrial park in 200 acres of land.
By establishing the Aerospace Industrial Park, TIDCO aims to tap into the immense aerospace manufacturing potential in Tamil Nadu and provide the necessary infrastructure for the growth of this sector. This endeavor will not only create opportunities for manufacturing companies but also generate employment for the skilled workforce in the state, according to sources in TIDCO.
Coimbatore, renowned as an engineering hub, has a robust ecosystem of enterprises involved in the aerospace sector. Many of these companies are currently supplying components, equipment, and subsystems to Hindustan Aeronautics Limited. Coimbatore also houses a Base Repair Depot of the Indian Air Force, further solidifying its credentials as a strategic aerospace hub. The proposed aerospace industrial park is strategically located which can attract investments from the future platform projects of HAL as well.
Through TIDCO, the designated nodal agency for the development of Tamil Nadu Defence Industrial Corridor (TNDIC), the state government is undertaking numerous initiatives for creating a conducive ecosystem for Aerospace and Defence industries to energize and sustain
the growth potential of this sector in the state.
This also comes as the Union government has put forward the vision of achieving Rs 1,75,000 crore in aerospace and defence manufacturing and export of Rs 35,000 crore by 2025. One of the critical constraints in the way of attracting investments in the sector is lack of availability of adequate infrastructure for growth of aerospace and defence industries. Establishment of this greenfield industrial park will provide the necessary infrastructure to the aerospace and defence industries to grow and meet the increased demand, official sources said.
Official sources told TNIE that the Indian aviation market is poised to become the third largest in the world by 2026 and this represents a significant growth in the MRO market. Air India has placed an order of more than 800 new aircrafts which shows the increasing requirement for domestic MROs in the country. The MRO market in India is expected to grow from $1.7 billion to $4 billion by 2031. Also, the synergy between the civil and military MRO, which currently does not exist, is expected to be the norm in the future and would enhance the demand of aircraft components, official sources said.
Sources also indicated that the Ministry of Civil Aviation has recently announced the UDAN 5.0 which focuses last mile connectivity using smaller aircraft with seating capacity of 20 or less, operating from small airports. This scheme will boost the manufacturing of small aircrafts domestically and will increase the requirement of aviation components. This will attract a large number of investments in the aerospace components manufacturing, sources added.
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