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Mahindra Aerospace Acquisitions, Partnerships Raise Profile in Defense / Aerospace Sector

2011-02-13 Last year Mahindra Aerospace acquired controlling stakes in two Australian aerospace companies, Gippsland Aeronautics (Gipps Aero) and Aerostaff Australia. Gippsland Aeronautics manufactures aircrafts like GA-8 Airvan, while Aerostaff is into manufacturing of aircraft components. Acquisition of these companies will help Mahindra Aerospace fulfill offset requirements.

It should be noted that M&M is working closely with some major defence companies like BAE Systems, SAAB and various others. In addition to Mahindra Aerospace, Mahindra Satyam and Mahindra Systech are deeply involved as local partners for foreign defence companies to fulfill their goals of local production and offset.

Mahindra Aerospace has brought GA-8 Airvan designed and built by Gipps Aero to Aero India 2011. According to Mahindra Aerospace executives, they have received many inquiries from both civil and military customers. GA-8 Airvan can be used in wide variety of roles including communication, disaster relief and surveillance.

Mahindra Aerospace also revealed that they are working with NAL on 5-seater multirole aircraft called NM-5. They are in talks with Government of Karnataka for 20 acres of land in Narsapura area near Kolar. A full fledged production facility for manufacturing GA-8 Airvan would be set up there.

-- Vishal Kansagra

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