Key Highlights
- Raymond Limited’s aerospace subsidiary secured new multi-programme orders from a leading Indian aerospace and defence major.
- The orders cover more than 300 part numbers across precision machining, aerospace castings and structural components.
- The programmes are expected to generate annual business potential of approximately ₹33 crore.
- Annual production volumes are expected to exceed 37,000 components.
- The scope includes precision-machined components, aerospace castings, structural components and complex assemblies.
- Production is expected to ramp up progressively across 2026 and 2027.
- The orders strengthen Raymond’s multi-year aerospace order pipeline and expand its participation across the aerospace value chain.
Raymond Limited has announced that its aerospace subsidiary has secured significant new business from a leading Indian aerospace and defence major, strengthening the company’s position in India’s growing aerospace manufacturing sector.
The new orders cover more than 300 part numbers across precision-machined components, aerospace castings and structural components for multiple aircraft applications. The programmes are expected to generate annual business potential of approximately ₹33 crore at anticipated production rates.
According to the company, annual volumes under the programmes are expected to exceed 37,000 components. Production is scheduled to progressively ramp up during 2026 and 2027.
The scope of the orders extends across several areas of aerospace manufacturing, including precision machining, aerospace castings, structural components and complex assemblies. The programmes therefore expand Raymond’s participation across a broader segment of the aerospace value chain.
Raymond Group Chief Financial Officer Rakesh Tiwary said the order is aligned with the company’s focus on improving its product mix and increasing its presence in higher-margin aerospace manufacturing.
The company said the new business also demonstrates the manufacturing capabilities of Raymond across machining, castings, structures and assemblies. It added that a broader product mix could help improve its capture rate per programme while supporting the quality of its multi-year aerospace order backlog.
The latest orders further strengthen Raymond’s multi-year aerospace order pipeline and support its strategy of developing a scaled, high-precision aerospace and defence manufacturing platform in India.
With demand for domestic aerospace manufacturing capabilities continuing to expand, the new programmes add to Raymond’s presence in the sector and broaden the range of aerospace components and assemblies manufactured by its subsidiary.
