Raymond Limited, the flagship company of the Raymond Group, is strengthening its presence in the aerospace sector, building on more than two decades of relationships with global OEMs and Tier-1 suppliers and an expanding portfolio of high-precision aero-engine components and assemblies.
With aircraft demand increasing and aerospace companies diversifying their sourcing networks, India is gaining importance in global aerospace manufacturing. Airbus currently sources more than US$1.5 billion annually from India, while Boeing’s annual sourcing has crossed US$1.25 billion.
Mr. Gautam Maini, Managing Director – Engineering Business, Raymond Limited, said: “Aerospace rewards consistency over the long term. Customer relationships are built through qualification, performance and the ability to deliver the same level of quality every time. We are seeing customers increasingly look for partners who can handle not only individual components but also more integrated requirements. Our ambition is clear to build from India, meet global aerospace standards and become a more meaningful part of the supply chains that will shape the next generation of aviation.”
Through JK Maini Global Aerospace Limited (JKMGAL), Raymond has developed more than 1,300 aero-engine parts, including over 350 components for LEAP engine variants. The business serves more than 25 global aerospace customers and has expanded into the UK, Belgium and Sweden. Over 75% of its operations are derived from complex aero-engine components.
The business added more than 100 new SKUs in FY2025–26 and has an order book exceeding ₹2,350 crore for the next five years.
Raymond is also developing a ₹510 crore aerospace facility in Andhra Pradesh as it expands into assemblies and higher-value applications across turbine vanes, stator blades, engine mounts, brackets, fuel-system components and complex machined engine parts.
