India's aerospace suppliers see upside in parts-making

Indian aerospace suppliers see record jet orders by the country’s top two carriers boosting domestic parts manufacturing and aircraft repairs, but argue the government must do more to support production.SAF.PA

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Rising traffic, a search for alternative sourcing to China and orders this month from Air India and IndiGo for nearly 1,000 jets combined have made India a key market for aerospace.

Now, small and medium suppliers want to capitalize on that to drive more sales of locally sourced parts, they told Reuters on the sidelines of the Paris Airshow last week. “Today we are going to be the largest purchaser of planes in the world,” said Shekhar Sardessai, managing director at Kineco Group, a supplier in the western state of Goa, referring to India. “We deserve a piece of that pie,” added Sardessai, whose company makes engine and plane interior parts.