MSMEs eye larger pie in aerospace, defence post Vibrant Gujarat Summit

They are upbeat especially in the wake of MoUs signed during the summit

Post the state government policy and the Vibrant Gujarat Summit, MSMEs eye larger pie in aerospace and defence sector through component supply to the likes of Airbus, Boeing and Rolls Royce, among others.

MSMEs are upbeat especially in the wake of memorandums of understanding (MoUs) signed during the summit that would lead to further opportunities in the aerospace and defence component manufacturing. For instance, several companies based of Gujarat, especially Saurashtra region who already supply precision components to aircraft manufacturers as well as defence and space agencies including ISRO are anticipating a rise in business by anywhere between 25 per cent