Sam Fisher
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- Joined
- Sep 9, 2014
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Perhaps this is the best time for Aerospace Industry in India. Why ? US is going to have reforms in its Export Control.This will ease the work export to India.
This allows greater work flow from US to Indian companies and Indian subsidiaries of US companies.
Boeing and other companies will look forward to this reform.There is a reason though.The Profit margins in Aerospace Industry is really bad unlike Automobiles or electronics which have huge margins.
This is where India can play a role with its large talent pool.Aerospace Companies are looking to optimize their product life cycle and manufacturing process to increase the profit margin.
For now Manufacturing is a distant dream due to factors like Raw materials and their shipping.But we have huge potential for assembly line and we already have some companies in bangalore that does little but crucial assembly work for aerospace companies.
All this aside Jobs in Aerospace Sector are predicted to increase by four fold in India.This is good for the economy and will be in line with Make in India Policy. :thumb:
This allows greater work flow from US to Indian companies and Indian subsidiaries of US companies.
Boeing and other companies will look forward to this reform.There is a reason though.The Profit margins in Aerospace Industry is really bad unlike Automobiles or electronics which have huge margins.
This is where India can play a role with its large talent pool.Aerospace Companies are looking to optimize their product life cycle and manufacturing process to increase the profit margin.
For now Manufacturing is a distant dream due to factors like Raw materials and their shipping.But we have huge potential for assembly line and we already have some companies in bangalore that does little but crucial assembly work for aerospace companies.
All this aside Jobs in Aerospace Sector are predicted to increase by four fold in India.This is good for the economy and will be in line with Make in India Policy. :thumb: