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.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..