JK Maini Global Aerospace secures an assembly opportunity for an indigenous fighter aircraft programme
Raymond Limited has marked a new milestone in its aerospace and defence business, with its subsidiary, JK Maini Global Aerospace Limited, emerging successful in a tender conducted by a leading Indian aerospace and defence OEM for the assembly of wing and centre fuselage structures for a major indigenous fighter aircraft programme.
The proposed entry into aircraft structures will expand Raymond’s capabilities beyond precision manufacturing into complex, higher-value assemblies. The programme is envisaged to leverage the customer’s existing infrastructure, supporting a capital-efficient approach to capability development.
Rakesh Tiwary, Group CFO, Raymond Group, said, “This opportunity is strategically much larger than its immediate business potential. It provides Raymond an entry into the high-value aircraft structures segment while maintaining capital efficiency. More importantly, it gives us an opportunity to establish critical execution credentials that can position Raymond’s subsidiaries for participation in larger aerospace programmes in India and globally. Our focus will be on execution excellence and building this capability into a scalable growth platform.”
Raymond Limited’s engineering business comprises Aerospace and Defence, Tools and Auto Components. Following its acquisition of Maini Precision Products Limited, the company has expanded into aerospace, defence and EV components, serving domestic and international markets.
The development strengthens Raymond’s presence in India’s aerospace manufacturing ecosystem and creates an opportunity to build capabilities for future aircraft programmes.
