Mumbai, 15th July 2023: Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Aerospace has strengthened its focus on indigenous manufacturing, innovation, and technological advancements. Godrej Aerospace, playing a pivotal role in nation-building and self-reliance, is planning to invest ₹250 crores to build a new facility at Khalapur in Maharashtra for advanced manufacturing and assembly, and integration facilities. The business has also supplied critical components to ISRO’s Chandrayaan 3 mission.
Over the years, the company has honed its expertise in manufacturing critical components for space projects, including liquid propulsion engines, satellite thrusters, and control module components. These contributions have played an integral role in prestigious missions like Chandrayaan and Mangalyaan, enhancing India’s reputation as a leader in space exploration. They have been a part of every single PSLV and GSLV launch contributing significantly to ISRO’s strategic and technological advancements along with the recent launch of NVS-01 Satellite.
The business is actively contributing to the growth of manufacturing for the civil aviation sector, both within India and through exports. Collaborating with global majors like Rolls-Royce, Boeing and GE, the company is involved in the development and manufacturing of critical components. These endeavours not only strengthen India’s capabilities in manufacturing for civil aviation but also contribute to the country’s export potential, positioning it as a global player in the aerospace industry. With the DRDO engine modules, Godrej Aerospace is the first private company in India to manufacture core modules of this class of engine for the first time in India.
Maneck Behramkamdin, AVP & Business Head, Godrej Aerospace said, “We take immense pride in our contribution to ISRO’s Chandrayaan 3 mission, which exemplifies our commitment to nation-building and self-reliance. At Godrej Aerospace, we remain committed to indigenous manufacturing and technological advancements, contributing to driving the nation’s progress in space projects and civil aviation. As a trusted partner of ISRO, we will continue to contribute to future launches, missions, and the development of advanced aerospace components and systems. In civil aviation, we are focusing on innovation and exports to global markets including US, projecting 100% growth in the next three years.”
By leveraging indigenous capabilities and reducing dependence on imports, the company is contributing to the nation’s self-sufficiency and fostering technological advancements within the country. These efforts drive economic growth, attract investment, and create high-skilled employment opportunities, thus supporting the overarching goal of Aatmanirbhar Bharat.