+
Mahindra Aerostructures, Spain’s Aernnova Sign $300m Deal
ECONOMY & POLICY

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

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.


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.

Next Story
Infrastructure Urban

Companies in GIFT City IFSC Cross 400 Mark

As of July 31, 2025, a total of 409 companies are operating in the Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC), Finance Minister Nirmala Sitharaman informed Parliament.In a written reply in the Lok Sabha, she highlighted that the number of firms in GIFT IFSC has grown nearly fivefold in less than five years — from 82 on October 1, 2020, to 409 by July 2025.The centre now hosts a wide range of entities, including those in banking, asset management, and allied services, alongside other financial segments.To support GIFT IFSC’s growth, the go..

Next Story
Infrastructure Urban

GMDA to Prepare Fresh DPR for Naurangpur Sewage Treatment Plant

The Gurugram Metropolitan Development Authority (GMDA) will prepare a fresh detailed project report (DPR) for the proposed 40 million litres per day (MLD) sewage treatment plant (STP) at Naurangpur. The move comes after it was found that a high-tension power line and a 24-metre-wide road pass through the site allocated for the project, requiring a revised plan.According to officials, the original 3.65-acre land parcel transferred from the Municipal Corporation of Manesar (MCM) was reduced to 2.89 acres following the road development. The presence of the power line further divided the land into..

Next Story
Infrastructure Transport

PM Inaugurates Bihar Highway and New Ganga Bridge

Prime Minister Narendra Modi will inaugurate a key highway project on Friday, connecting Aunta (Mokama) and Simaria (Begusarai), featuring a newly built 1.865-km bridge across the Ganga.The project establishes direct road connectivity between Mokama in Patna district and Begusarai. The bridge has been constructed parallel to the old two-lane rail-cum-road Rajendra Setu, which is currently under repair and restricts heavy vehicle movement.The new bridge will allow heavy vehicles to avoid a detour of nearly 100 km while travelling between north Bihar districts such as Begusarai, Supaul, Madhuban..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?