India’s aerospace and aviation sector is experiencing a pivotal moment with significant growth potential, driven by the aerospace and defense manufacturing industry, as well as advanced technologies like AI. Experts at the International Conference on Future of Aviation and Aerospace emphasized the need for collaborative efforts to transition from assembly to high-value design and lifecycle services, focusing on resilience and sustainability as the sector expands.
Industry leaders, policymakers, and innovators gathered at the event hosted by IIM Bangalore and TBS Education, France, to discuss strategic priorities for shaping the sector’s growth. Prof. G Shainesh, the Conference Co-chair, highlighted the importance of identifying key growth areas at this critical juncture.
Prof. S Raghunath, another Conference Co-chair, emphasized the significance of advancing design capabilities and leading in maintenance, repair, and life cycle intelligence to position India as a frontrunner in the aerospace and aviation industry. Speakers noted the convergence of demand and industrial opportunities driving growth but cautioned that policy and regulation must keep pace with innovation.
Annett Baessler, Deputy Consul General at the German Consulate General in Bengaluru, underscored the deepening ties between India and Europe in the aviation sector, citing collaborations like the MoU with Lufthansa. She also highlighted India’s growing role as a key partner for Germany in engineering and design, particularly in aircraft manufacturing.
Sunil Bhaskaran, Director of Air India Aviation Academy, emphasized the immense growth potential in Indian air travel, given the relatively low density compared to the population. He emphasized the need for India to leverage new-age technologies to scale its value chain and enhance its global competitiveness in the aviation industry.
