India is diverse and it is rapidly expanding with numerous opportunities in various mediums. It is one of the largest nations in the world and the second most populous. It is the home of the 10th largest economy and is the fastest growing country among the BRIC nations.
Among the fastest growing economies, India is poised to clock sustained high single digit and possibly double-digit growth in the future. It is therefore very obvious that India has many opportunities for prospective business partners, especially in the Aerospace sector, which is the home to the 9th largest civil aviation market and is growing at a fast pace to be the 3rd largest in the next decade. It also has the 3rd largest arm forces in the world.
The vision of the Indian government to be a manufacturing powerhouse in the aerospace industry can work in sync with UK’s strength developed over decades. The need for aerospace companies is vast and very demanding as they are not only developers of spacecraft but also involved in constructing airplanes and choppers globally. These aerospace companies help in developing business globally which supports our country’s economy. Thus, today we have enlisted the top 10 best and largest aerospace companies in India in 2018 which have instilled our country’s economy with great business opportunities in an extended way.
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10. GE Aviation
GE Aviation stands for General Electric which is an American incorporated aviation company with is headquarters based in Ohio, United States. Mr. David Joyce is the CEO of this aviation company with the vision of providing world-class aircrafts with high-efficient engines in the global aerospace sector. It aims to offer to solve the world’s toughest challenges with high-spirit and energy. They manufacture various aircrafts with excellent working performance and high-speed. The company was incorporated back in the year 1892 and since then it has been given world-class aircrafts in the global aerospace sector with world-class design. It has total working employees of about 26, 800 and also with an estimated revenue of about 24.7 USD. They have a huge impact on safety, reliability, and performance which is making them uniquely glorious in this particular field of work.
9. BAE System
BAE System is a British incorporated aviation and defence aerospace company which came into establishment back in the year 1997 with its headquarters based in London, UK. Its main work involves in defence and security purpose in the aerospace sector. This aerospace company stays connected in the global market with innovative design and high-class dimension working efficiently from the past 17 years. It has shown remarkable growth by raising their standards in the aerospace sectors working as a united team for the safety and defence management of the country. They serve their dedicated work in the products of naval vessels, defence electronics, land warfare systems, civil and military aerospace, and munitions.
8. Honeywell Aerospace
The Honeywell Aerospace meets their customer’s needs whether it’s in the air or on the ground with the vision of smart run technology to improve situational awareness. Their technology is found in everything from more fuel-efficient engines to satellite communications and environmental controls in the cabin. They also take measures for customer’s landing safety with reliable wheels and brakes. Therefore, this aerospace company is a smart choice for aviation sector with reliable components and safety features. Hence, it is an American company which came into operation in the year 1936 with its headquarters based in Arizona, United States. It has total working employees of about 40, 000 with world-class efficient aircraft engineers.
7. Lockheed Martin
The 7th largest aerospace company in India is said to be Lockheed Martin which works diversely in the field of aerospace sector to a large extent dynamically with lots of enthusiasm and high-spirit. This an American company which was incorporated back in the year 1995 with its headquarters based in Maryland, United States. It has total working employees of about 97, 000 and also with an estimated revenue of about 46.132 billion.
The 6th largest aerospace company in India is said to be Raytheon which is an American incorporated aviation and aerospace company that came into establishment in the year 2007 with its headquarters based in Massachusetts, United States. The company works together across business units to meet the mission of customer’s needs and fulfilments. They have a very diverse workforce with high-class aircraft engineers who work with enthusiasm and high-spirit to bring out the world-class aircrafts for the global aerospace sector.
5. Boeing International Corporation India Pvt. Ltd
The 5th largest aerospace company in India is said to be Boeing International Corporation India Pvt. Ltd which is an American incorporated aviation and aerospace company that came into establishment in the year 2003 with its headquarters based in the United States. The company works with advanced technology and solutions to meet the end need of every customer worldwide. They provide their working services in fields of work like satellites, communication systems, defense system, and much other with world-class working performances and high-class engineers looking into every depth of the problems and issues related to aviation.
4. Electronic Corporation of India Ltd
The 4th largest featured aerospace companies available in India is said to be the Electronic Corporation of India Ltd which is an Indian based aerospace aviation company under the government of India which came into establishment back in the year 1967 with its headquarters based in Hyderabad, India. The company deals in diverse products with the support of the founder chairman Dr. A. S. Rao who has instilled the deep inspiration among its working employees across the country with world-class highly efficient engineers.
3. Bharat Electronics Ltd
Again the 3rd largest aerospace company Bharat Electronics Ltd is an India based company under the government of India which was incorporated in the year 1954 with its headquarters based in Bengaluru, India. The company basically deal multi products like oil and gas, radars, weapons, electronic voting machines, civil aviation, paramilitary force, and various others in the field of an aerospace sector. It has total working employees of about 9952 and also with estimated revenue of about 70.93 billion.
2. BrahMos Aerospace Private Ltd
BrahMos Aerospace stands uniquely in the second position of the top 10 list of the aerospace companies in India which serves as a right template for doing make in India and they have been a pioneer in this field of the aerospace sector. The company was incorporated in the year 1998 with its headquarters based in New Delhi, India. The company basically deals in cruise missiles with world-class engineers involved in this entire working procedure.
1. Hindustan Aeronautics Ltd
The Hindustan Aeronautics has successfully secured the first position in the field of an aerospace company in India which generally came into establishment in the year 1940 under the government of India with its headquarters based in Bengaluru, India. The company is working with air force for the last 7 decades with 75 years glorious successful years with high-class aircrafts engineers to established high-standard in meeting the end needs of every customer across the country.
Thus, this sums up our entire list of the top 10 aerospace companies in India which prevails not only in the national market but in the international market as well with world-class efficient engineers and working consultants which gives the best and superior quality of aircrafts with high security and reliability across the globe with distinguished powers.