TRADE promotes the Andalusian aeronautical industry in India

From May 8 to 11, the Junta de Andalucía held more than fifty business meetings between eight Andalusian companies. Aviation industry and the 15 largest manufacturers and industries in India, currently the world’s third-largest market for commercial aviation and the world’s third-largest general passenger airline by 2026, according to the International Air Transport Association. The meeting covers different parts of the country and is held in the cities of Delhi, Bangalore and Hyderabad.

Trade of AndalusiaWith Extenda, this process is well designed Diversification of Andalusian aeronautics Major producers in the European Union. Its aim is to promote international business in this sector, considered strategic by the Andalusian government due to its importance as one of the main stakeholders of the new production model in the region, based on innovation and knowledge. To this end, the Junta de Andalucia has launched the ‘Andalusian Aerospace Strategy 2021-2027’.

Likewise, last year 2022 Andalusian Aeronautical Exports Up 39%, reaching a figure of 2,134 million euros, thus positioning the community as the most contributing to growth with more than half of the sales growth of the Spanish industry (29.2%, 15 points above the national growth). )

This hunt opens New business opportunitiesAs the Indian aviation market continues to expand. India is currently the fifth largest economy in the world, surpassing the United Kingdom, according to the World Bank. Additionally, its aviation sector has seen significant growth due to the increasing demand for air travel and its strong engineering and technology base.

According to data from the Andalucía TRADE agency, India currently has a total of 130 operational airports. Also, this initiative has been implemented by the Government of India ‘Make in India’ With a view to promote the growth of industrial sector including aeronautical sector. As part of this initiative, 100 new airports are in the pipeline. Also, the number of aircraft in India is expected to quadruple to 2,500 by 2038. The government recently purchased 56 Airbus Defense and Space C295-type aircraft for the Indian Air Force, 16 of which will be manufactured in Spain.

Andalusian Mission in India

A total of eight Andalusian companies participate in the program of activities organized by Andalucía TRADE through Extenda, in collaboration with its business antenna in India. Five of them are from Seville, the rest from Cádiz and Malaga. Alestis Aerospace, Lamignère, Intero, Grupo Casque and Coptec, from Seville, have gone to India; Intec Air and Titania from Cádiz; and AirTech Solutions from Malaga. In three days, they will have time to get to know the local market and India’s major airlines in three different cities – Delhi, Bangalore and Hyderabad.

The operation will be carried out by Andalusia Trade Company Extenda Co-financed with funds from the European Union Andalusia has provided 80% of the social contribution through the PO FEDER 2014-2020 or any other European program co-financing this action.

Delhi, Bangalore and Hyderabad

The mission program began on Monday 8th May in Delhi Company Day Meetings were held at the ICEX commercial office in the city; Invest India and Ministry of Defense of India and Society of Indian Defense Manufacturers-SIDM. The Andalusian delegation also visited the Airbus team in the country and held a meeting with the European Business and Technology Center (EBTC).

Likewise, on Tuesday, May 9, the business agenda continued in the city of Bengaluru, where the Indian company Mahindra Aerostructures specialized. Manufacture of sheet metal parts and assemblies for major aerospace and defense companies of the world.

On May 10, the Andalusian companies visited Hyderabad, where they visited Tata Advance Systems, a company that is actively working on the government’s ‘Make in India’ program and is dedicated to delivering. Innovative solutions in the aeronautical industry related to hardware, software, technology and digital solutions, all integrated into platforms needed to protect India’s land, sea and air. In this same place, Andalusian companies were able to present their offer, as well as hold personal interviews with the company.

Finally, the Andalusian companies returned to Bangalore on May 11 to meet directly with Hindustan Aeronautics Limited, the Indian public sector aerospace and defense company. One of the oldest and largest aerospace and defense manufacturers in the world. Similarly, they had the opportunity to hold a business meeting with Dynamic Technologies Limited, an Indian company responsible for designing and developing highly-engineered tools and products for aeronautical applications. At its headquarters, Andalusian companies participated in a networking event.

Finally, the Andalusian team returned to Hyderabad to complete their program at Safran. International high technology group operating in the aviation, defense and aerospace markets And its mission is to contribute to a safer and more sustainable world where aviation is more respectful of the environment.

Andalucia contributes a lot to national development

Andalucia is One of the main poles of Europe And, along with Toulouse and Hamburg, it has the only final assembly line (FAL) for the larger aircraft, the Airbus A400M. This gives a significant boost to the industry and is greatly reflected in its international operations, which showed a significant recovery in 2022, two years after being mediated by restrictions on passenger movement imposed by the pandemic.

The Andalusian aeronautical sector achieved a 39% increase in its exports in 2022 compared to the previous year to 2,134 million euros, showing the full recovery of the sector after the paralysis caused by the pandemic. This places Andalusia as the community with the highest contribution, accounting for more than half of the growth in the sales of the Spanish industry (15 points with a 29.2% increase in national sales).

As further maintained Second export community in Spain, 4 out of every 10 euros sold by Spain (42% of 5,141 million), lagging behind the Community of Madrid (2,174 million). Likewise, the sector maintains a positive trade balance with the outside with a surplus of 1,160 million and a coverage rate of 219%, which is 104 points higher than the Spanish rate (115%).

In the Andalusian aeronautical sector, the first chapter of sales is that of other aircraft (helicopters, airplanes, etc.); Space vehicles (satellites) and their launch vehicles and suborbital vehicles, 1,682 million, 79% of the total and 54% growth; followed by equipment parts, 447 million, 21% of the total; Parachute, 2.2 million; and equipment for launching aircraft, landing on aircraft carriers, etc., and ground flight training equipment, 2.1 million.

Seville, the center of industry

Seville is the center of Andalusian aeronautics, to which provinces such as Cádiz and Málaga also contribute, while others are linked with great growth. Seville accumulates 99% of sales with 2,113 million and an increase of 39%, Cádiz is in second place with 8.3 million; It was followed by Malaga with a turnover of 7.5 million, growing by 75%.

Additionally, sales are growing in seven of its top ten markets, all by double digits or more, and it reaches four continents. Its first markets are European, in this order, Germany, 583 million exports, 27.3% and 76% growth; France, 513 million, 24%, an increase of 65%; Belgium, 350 million, down 16.4% and 13.1%; and the United Kingdom at 178 million, 8.3%, which triples its data with a 210% increase. The fifth market is Turkey, 131 million, 6.1%, which multiplied its data by 10, with an increase of 990%, and is the third highest market in the top 10.