Monday, February 07, 2011

Maini Aerospace wins contracts with two global companies

Bangalore: Making components for aircraft is a highly challenging job as it needs high degree of engineering skills and precise manufacturing capabilities to achieve the highest quality levels. That is why we have very few aerospace components companies in India though many make auto components.
But the Bangalore-based Maini Global Aerospace (MGA), a group company of the Rs 200 crore Maini Precision Products, has forayed into this space not tried by many. To expand its global aerospace clients list of 12, MGA has just entered into component supplying agreement with two leading aerospace companies in Europe: MTU Aero Engines of Germany and Marshall Aerospace of UK.
MTU is a leading aircraft engine manufacturer engaged in the development, manufacture, marketing and support of commercial and military aircraft engines. As per the agreement signed, MGA will be manufacturing engine components and sub assemblies for MTU’s engines used in civil and military aircraft. In the first phase MGA will be supplying 27 different types of engine components over a period of four years.
“It took us almost two years to sign this supply agreement after several rounds of inspections and testing of our capabilities by MTU engineers,” Maini Precision Products Managing Director Gautam Maini told Deccan Herald.
Maini also had to do equal amount of due diligence to win a supply contract from Marshall, a UK-based company that is a tier one supplier to Boeing’s military aircraft used by defence forces in many countries in the world. In the first phase of the contract Marshall will buy 70 different types of structural products from MGA over a period of time.
06/02/11 Dilip Maitra/Deccan Herald
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