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HCL in Aerospace & Defense

HCL in Aerospace & Defense

  • Industry at an inflection point; continuing to move towards the eastern regions of the word - China, India, the Middle East, expected to be large markets for products and services and be participants in the supply chain
  • China expected to drive demand for over 3,500 commercial aircrafts in the next 20 years; expected to become a major player in commercial aircraft production, with an all new regional jet in the test & certification process, and a next generation single aisle aircraft on the drawing board with a scheduled first flight in 2014
  • India experiencing same phenomena of upward mobility in population, creating demand for air travel
  • United Arab Emirates (UAE) in the Middle East investing significant resources - building an aerospace industry with announcements of joint ventures and industrial developments for component manufacturing and MRO
  • Global A&D market: current value at $740 billion and projected to grow to $940 billion by 2014
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