The Indian engineering industry is indeed witnessing a phenomenal growth story, and one such glittering example is the aerospace exports of the country. Aircraft and spacecraft parts components manufacturing have recently registered a skyrocketing growth, making India a very important player in the international aerospace supply chain.
According to the report issued by EEPC India in March 2025, aerospace exports from India have scaled an incredible 224 percent rise during April to January of 2024-25 compared with the same period in 2023-24. This growth not only indicates more significant participation in the global aerospace supply chain but also underlines growing precision engineering capability in India.
India’s Exports of Aerospace: A Massive Development
Category | Jan 2024 (US$ Mn) | Jan 2025 (US$ Mn) | Growth | Apr-Jan 2023-24 (US$ Mn) | Apr-Jan 2024-25 (US$ Mn) | Growth |
Aircraft & Spacecraft Products | 395.8 | 611.8 | 55% | 1,964.6 | 6,370.4 | 224% |
Source: EEPC India
This threefold increase is not just a number—it is a signal that India’s aerospace manufacturing is becoming globally competitive, with substantial exports going to the UAE, Saudi Arabia, France, the USA, and the Czech Republic. These benchmarks show how the Airbus/aeronautical buyers trust Indian technology and quality.
✅Did you know? India now exports aerospace parts worth over $6.3 billion!
Aerospace: India’s Next Big Opportunity
The arena covering all defense, commercial aviation, satellite technology, and space research is also called aerospace. The time is ripe for aerospace startups and OEM suppliers, given our ISRO missions, increasing defense contracts, Make in India promotion for indigenous manufacturing, and so forth.
Now is the time for both new-age entrepreneurs and established engineering firms to enter this fast-growing sector.
Explore related business ideas here: www.entrepreneurindia.co
Opportunities in the Indian aerospace engineering sector
Here are some hot spacecraft components manufacturing to watch or invest in:
- Precision-machined components
- Avionics Equipment Assembly
- Composite Aerospace Structures
- Aircraft Interior Parts
- Maintenance, Repair, & Overhaul (MRO) Units
- Drone and UAV Manufacturing
You can browse more ideas at https://www.niir.org/
Major Global Markets for Indian Aerospace Parts
Country | Aerospace Imports from India (Apr–Jan 2024–25) |
UAE | ✅Leading Importer |
Saudi Arabia | ✅ Key Buyer |
France | ✅ Consistent Growth |
USA | ✅ Strategic Market |
Czech Republic | ✅ Growing Demand |
India’s competitive labor cost, engineering talent, and government support through Production Linked Incentives (PLI) make it the preferred sourcing hub for global aerospace players.
Related Reads for Aerospace Entrepreneurs
Explore these insightful blog posts to help you get more insight into ISRO and aerospace MSMEs:
- How to Start an Aircraft Parts Manufacturing Business
- How to Start a Drone and UAV Manufacturing Business
- Setting Up a Precision Components Industry in India
- Startup Ideas in the Defense & Aviation Sector
- Make in India: Aerospace Sector Opportunities
How NPCS Can Help You Launch an Aerospace Venture
At Niir Project Consultancy Services (NPCS), we specialize in turning ideas into industrial realities. Entrepreneurs and startups aiming to enter the aerospace and defence manufacturing sectors can benefit from our:
✅ Detailed Techno-Economic Feasibility Reports
✅ Market Surveys and Research Analysis
✅ Complete Manufacturing Process Flow Sheets
✅ Machinery and Raw Material Details
✅ Financial Forecasts and Project Viability Assessment
For more thorough information, check out our YouTube channel.
📺 Visit our YouTube channel for detailed insights: NIIR Project YouTube
🌐 Explore our services and reports:
The Sky’s the Limit: Start an aerospace business in India
India’s rise to significance as a major exporter of aerospace is supported by the government, a youthful and highly qualified labor pool, and a flourishing startup scene. It is worth every penny for new companies because of the noticeable 224% increase in aerospace exports, higher investments in aviation R&D, and a flourishing network of aerospace MSMEs.
The time has come to establish an aeronautical company in India and take advantage of this rapidly expanding sector. The possibilities in the Indian aerospace engineering business are genuinely limitless, ranging from producing precision airplane parts to creating state-of-the-art UAVs and breaking into the very lucrative MRO market.
Allow NPCS to assist you in starting a profitable aerospace business!