India will become a global hub for the production of aircraft components with a market size of $ 29.5 billion against 2033, has launched a white paper by the B2B production Startup Ventupup.
Driven by government initiatives such as Make in India and Atmanirbhar Bharat, want to invest many SMEs in competent production such as precision engineering, composite materials and semiconductor design and production.
Worldwide Majors such as Airbus and Boeing have announced partnerships with Mahindra and Tata to set up production activities in India. The prime minister has also presented a strong pitch to position India as a global hub for MRO with the aim of becoming a MRO hub of $ 4 billion by 2030, according to the white paper.
The paper entitled ‘Building India’s Manufacturing Momentum’, launched on the recently closed Kerala Innovation Festival, said that the country is taking all the right steps to speed up the growth of the production sector.
India must renew his Iti’s and modernize the curriculum to adapt to the current and future sector requirements. Structured internship programs, PPP must be encouraged to set up COE that are aimed at critical skills development areas such as robotics, CNC activities and smart production technologies, the paper recommended.
The arrival of cloud production or Maas has the potential to bring global buyers to Indian MSMEs. MSMEs currently contribute 45 percent of the country’s export. Most MSME -LED -Production -settings, however, use minimum workforce and use outdated machines and they lack project management, lack of technical integration in workflows.
Sanddep Nair, co-founder and CEO, Venttup said: “With this white paper we tried to emphasize the power areas where India has leverage, manpower and know-how to grow into a strong production destination for global buyers and recommendations about how this team can be accelerated with the help of technology.”
Published on July 30, 2025
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