Offset Work Drives Growth at Maini

AIN News Live » Aero India » 2013
February 6, 2013, 3:50 AM

Maini Global Aerospace (MGA), the Bangalore-based design and manufacturing company, is looking for opportunities provided by Indian defense offsets that will help fuel its aggressive expansion plan. It expects to boost annual revenue from approximately $60 million to about $100 million by 2015.

The company’s client list already includes Snecma, Eaton, Magellan, Parker, Avio, GE, MTU, HAL and Hamilton Sundstrand. The MGA strategy is to grow up the value chain in aerospace parts manufacturing in areas such as aerostructures, precision and aero-engine parts and aircraft systems, according to CEO Naresh Palta. MGA has started supplying offset programs and recently began manufacturing mechanical parts for space applications.

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X