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Aerospace & Defence

Overview

The aerospace and defence sector in India is one of the most lucrative markets in the world. This sector has come of age over the last few decades. India is one of the top defence spenders in the world.

Much of its defence needs are met through imports. Almost 70% of its defence requirements are sourced from outside the country. This is clearly a vacuum that the Indian government is looking to fill. The result is that a large number of Indian private companies as well as publicly funded research labs are looking for international partners.

With increased focus on in-house technology development in the aerospace and defence sector, R&D will emerge as a critical component in this area.

The Aerospace and Defence Sector in India: A Snapshot

Key Stats
  • The Indian Government spends 40% of the defence budget on capital acquisition
  • The Government also plans to make the Indian aviation market the third largest in the world by 2020, creating significant opportunities for growth in the aviation industry
  • The Government has allowed 100% foreign direct investment (FDI) in manufacturing for the military, albeit through the government approval route
Challenges
  • Delays in procurement
  • India continues to rank low in Ease of Doing Business, and this sector has been plagued by regulatory challenges
  • Obsolete technology has forced the aerospace and defense sector to import much of the technology used in this sector
Trends for the future
  • The Defense Procurement Policy of the Indian government will focus on reducing the country’s dependence on other countries for its defense platforms or technology
  • Increased consolidation will be seen in the industry
  • Fresh capital infusions and technology will form a critical part of investment strategies in this sector over the next decade

Selective Consultants in the Aerospace and Defence Sector

This is a critical and sensitive industry that demands utmost confidentiality.

We have successfully delivered multiple projects with leading private and public sector clients, enabling our clients to focus on developing their business and growth opportunities across various tier-positions in the aerospace and defence value chain.

We expect increased demand for candidates with skills in such emerging defence technologies such as avionics, nano devices, nitrogen systems, and in computing and communication networks.

Our Expertise

  • Aerospace
    Engineering

  • Defense
    Contractors

  • Navigation
    Systems

  • Remote
    Sensing

  • Aerospace
    Services

  • Airports Commercial
    Aviation

  • Civil
    Aviation

  • Manufacturing
    & Production

  • Communication
    Providers

  • Government &
    Technical Services

  • Auxiliary
    Equipment

  • Maintenance
    & Repair

How We Help

  • We focus on execution and business building
  • We help you mitigate key risks by identifying talent drain and helping you to build structures that deliver shareholder value
  • We have trained our team well over the years, which is now a mix of functional and industry experts
  • We share your same passion for client service, delivering value to your business through our selection methodology that has been honed through years of experience in the field
  • We have hands on experience of market opportunity and restraints, enabling you to take the right decision in hiring crucial talent