
Dynamatic Technologies Limited and Hutchinson have signed a fresh Memorandum of Agreement (MoA) to tap into India’s booming aerospace market by combining their strengths in composites and metallic aerostructures.
The deal, inked on March 3, 2026, aims to boost local manufacturing for global aerospace original equipment manufacturers (OEMs) and position India as a key supply hub.
This new aerospace collaboration pairs Hutchinson’s advanced composite and multi-material system capabilities with Dynamatic Technologies’ expertise in metallic aerostructures and complex assemblies. Together, they want to serve rising demand from global aircraft makers and support the scaling up of production in India.
Aravind Melligeri — CEO & Chairman, Aequs says, “India currently accounts for just 1 percent of the global aerospace supply chain… we need a major aircraft program to build jet engines here.”
Under this MoA, Hutchinson will join India’s aerospace ecosystem by receiving its first work package from Dynamatic for composite parts. In turn, Hutchinson will award Dynamatic a multi-year contract for metallic components. This initial exchange sets the stage for deeper industrial cooperation between the two companies.
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Helene Moreau-Leroy, Chairman and CEO of Hutchinson, said the deal reflects a shared goal to strengthen India’s aerospace capabilities and support OEMs with advanced solutions that cut weight, enhance sustainability, and improve performance.
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This pact marks a clear step in building local high‑value aerospace manufacturing and signals both companies’ long-term commitment to the sector’s growth in India.
Dynamatic’s CEO and Managing Director, Udayant Malhoutra, emphasized that blending metallic and composite expertise opens new avenues for value engineering and faster product development. He also noted the pact helps prepare both firms for future aircraft programs as India’s aerospace demand surges.
How India’s Aerospace Industry Is Taking Off
The aerospace sector in India isn’t just growing — it’s gearing up to become a global force. Domestic manufacturing, engineering talent, and strategic global partnerships are all driving rapid expansion.
Strong worldwide demand is a key factor. As Western supply chains face disruptions, many global aerospace OEMs are turning to India for parts and systems. Major names like Airbus, Pratt & Whitney, Rolls‑Royce, and Collins Aerospace are sourcing more components from Indian suppliers, pushing the country further into the global supply chain.
According to industry projections:
India is already the third‑largest domestic aviation market in the world, with passenger numbers surging year after year. This booming demand for aircraft and components is a major reason global OEMs want Indian partners — and why collaborations like Dynamatic & Hutchinson make strategic sense.
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