We have all seen Tata Group chairman Ratan Tata’s sortie on board the US fighter aircraft F-16 by now. But global aviation majors like Lockheed Martin, Boeing, Thales, Pratt & Whitney, Bombardier, Rolls Royce top-honchos’ flight to India went relatively unnoticed.
Indian aerospace and IT majors saw a flurry of activity as global majors scouted for outsourcing aerospace and defense products. Aviation analysts feel that engineering and design services being outsourced to India are emerging the main opportunities. These include control system design, embedded development, high level aeronautical system design, simulation, testing devices, cockpit equipment support software, air traffic management systems, and composite structuring.
Reaping the windfall is a wide gamut of homegrown aerospace and IT majors—Hindustan Aeronautics Ltd (HAL), Larsen and Toubro (L&T), TCS, Wipro, Infosys and HCL.