What Does 2021 Hold for India’s Aerospace, Defense, and Space Ecosystem?
What Does 2021 Hold for India’s Aerospace, Defense, and Space Ecosystem?
Looking Forward to Aero India 2021 — We Hope to See You There in Person or Virtually
India is firmly poised to become a global leader in aerospace, defense, and space innovations, continuing its growth momentum across 2021 to reach a market worth of $70 billion by the end of this decade. The recent indigenous acquisition of 83 Tejas Mark-1A Light Combat aircraft is an important milestone on this journey, emphasizing India’s self-sustaining research, development, manufacturing, and MRO capabilities, aided by emerging digital technologies. Initiatives like Make in India and #AtmaNirbhar will be instrumental in shaping the sector’s future in 2021 and beyond.
“2021 will be a year of reshaping for the aerospace and defense Industry. I see two trends emerging in 2021– Industry consolidation and Digitalization. Of these two trends, Digitalization would be the key trend to watch out for, as this would resonate with every stakeholder in the entire value chain of this industry. This certainly will be a key driver in realizing a thriving Aerospace & Defense ecosystem” commented Ravikiran Pothukuchi, Director, Dassault Systèmes. To lay the foundation for digitalization, meaningful partnerships, and pathbreaking projects like the Tejas LCA, the government has planned the Aero India Show – 2021, a summit for aerospace and defense professionals to obtain market insights and enable the national/international aviation sector to bolster business.
Dassault Systemes will be present at Aero India 2021, booth number A6.6 & A6.8, between February 3rd and 5th to discuss your most pressing issues around “digitalization to realize a thriving aerospace, defense, and space ecosystem.”
Addressing India’s Challenges and Opportunities at Aero India 2021
To meet and exceed India’s incredible growth potential, aerospace, defense, and space OEMs and suppliers must overcome key challenges such as increasing program complexity, zero tolerance for production delays, and faster product development cycles. There is also a stringent focus on affordability and innovation, adopting digital transformation as the industry aims for greater agility and increased performance.
Paving the way for indigenous innovations and on-time, on-target delivery in the face of these challenges, we will be presenting the following industry solution experiences at the event.
We will demonstrate these four industry solution experiences at Aero India 2021. You could also register for our virtual workshop if you are unable to attend in person.
How Do Suppliers Increase Efficiency From Bid To Delivery? – A Hybrid Workshop
Parallel to our in-person booth, our virtual workshop on February 4th, 2021 is designed for aerospace, defense, and space OEMs and suppliers facing market pressures in 2021. The number of companies competing for business is rising, alongside the demand for higher production rates and just-in-time delivery of parts and systems. As a result, supply chains must become more agile, even as companies maximize the available data, information, and industry knowledge to deliver profitable growth.
Our dedicated workshop on increasing efficiency from bid to delivery focuses on the Engineered to Fly industry solution experience – helping companies to integrate their engineering processes from the proposal phase downstream through engineering, manufacturing, and all the way to delivery.
Gaining From the Latest Insights and Expert Advice – Meet Our Experts
As India gradually develops the innovation and ecosystem necessary for end-to-end aerospace solutions, industry stakeholders must find targeted and relevant solutions to their most pressing challenges, in order to stay ahead. We have arranged for one-on-one meetings with our experts at Aero India 2021, where you can gain from several decades of industry and technology understanding as well as perspectives informed by experiences working with the world’s leading aerospace, defense, and space organizations.
We look forward to seeing you at the event, sharing ideas on the future of aerospace, and joining hands to envision India’s remarkable progress towards becoming a premier global aerospace behemoth.
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