Mahindra Aerostructures, Spain’s Aernnova Sign $300m Deal

19 Jun 2025 CW Team

Mahindra Aerostructures, the aerospace division of the Mahindra Group, has signed a $300 million contract with Spain’s Aernnova to collaborate on the design and manufacturing of advanced aircraft components. This strategic partnership is set to enhance Mahindra’s capabilities in high-precision machining, composite assemblies, and systems integration for global aerospace clients.

As part of the agreement, Mahindra Aerostructures will leverage its Bangalore manufacturing facility to jointly develop and supply critical aerostructures and fuselage components. These parts will support both civil and defence aerospace programmes, opening new avenues in the global aviation supply chain.

The collaboration will enable technology transfer and skill enhancement in advanced aerospace manufacturing techniques. The partnership is expected to generate approximately Rs 25 billion in revenue over the course of the agreement, bolstering India’s position in high-value aerospace exports and contributing to the government’s Make in India initiative.

Leadership from both companies emphasised the partnership’s alignment with their long-term visions. It will not only enhance Mahindra’s capabilities but also expand Aernnova’s global sourcing network. The alliance underscores a growing trend of international co‑development of aerospace systems, offering enhanced resilience and cost efficiency.

The Mahindra–Aernnova deal significantly elevates Mahindra Aerostructures’ role in international aviation, reinforcing India’s emergence as a reliable destination for aerospace manufacturing and engineering.

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..

India Seals Rs 50.83 bn Defence Deal For ALH Mk-III And Shtil

India has finalised a defence procurement valued at Rs 50.83 billion (bn) aimed at strengthening aerial and maritime capabilities. The package covers Advanced Light Helicopter Mark III and Shtil shipborne missile systems. The move reflects a continued focus on modernisation of forces and onshore maintenance capacities. The procurement is expected to support operational readiness and to stimulate maintenance and supply chain ecosystems tasked with sustaining the platforms.\n\nThe Advanced Light Helicopter Mark III is expected to enhance rotary wing operations across multiple roles including sur..