Godrej Aerospace expects 100% growth in Civil Aviation over the next 3 years
MUMBAI, India , June 20, 2023 /PRNewswire/ -- Godrej Aerospace, a business unit of Godrej & Boyce, the flagship company of the leading Indian conglomerate Godrej Group, foresees a remarkable growth exceeding 100% in the civil aviation segment within the next three years. The company's focus on innovation and exports in the Europe region is expected to fuel this exponential growth, solidifying its position as a key global player. To explore partnerships with international players, Godrej Aerospace will actively participate in the prestigious Paris Air Show between June 19th and June 25th 2023 at Paris Le Bourget Exhibition Centre.
- Considering the growing opportunities in the civil aviation and space sector, Godrej Aerospace is actively capitalizing on international market trends.
- In FY23, Godrej Aerospace reported Euro 10 million revenue in the civil aviation segment.
- These orders present tremendous opportunities to expand its customer base and strengthen its foothold in the civil aviation sector internationally.
- This strategic initiative reflects the company's dedication to innovation and self-reliance, empowering it to develop cutting-edge solutions indigenously for civil aviation and export.