India Ranks Third in Aero Engines, Hypersonics; Fourth in Drone Tech: Report
India has been ranked third globally in terms of its capabilities in aero engines and hypersonic technology, and fourth in drone technology, according to a report by global audit firm KPMG.
The report, titled “The Future of Aerospace and Defence,” assesses the global aerospace and defence industry, with a focus on technology and innovation.
India has been making strides in the aerospace and defence sector, with the government’s focus on boosting domestic manufacturing and innovation. The country has also been working on developing indigenous technologies and has been investing heavily in research and development.
The KPMG report noted that India has made significant progress in the development of aero engines, with its companies catering to global customers such as Boeing, Airbus and Rolls Royce.
“India has become a hub for aero engine manufacturing, with companies such as Hindustan Aeronautics Limited, Bharat Forge, and TATA Advanced Systems Limited contributing to the development of new technologies in this sector,” the report said.
The report also highlighted India’s expertise in hypersonic technology, which involves developing aircraft that can travel at speeds of Mach 5 or above. India has been working on hypersonic technology for several years, with the Defence Research and Development Organisation (DRDO) successfully testing a hypersonic missile in 2019.
“India has made significant progress in hypersonic technology and is one of the few countries in the world with this capability. Its expertise in this field will be important as countries look to develop new defence technologies in the future,” the report noted.
In the drone technology sector, India has been ranked fourth, after the US, China and Israel. The report noted that India has a strong ecosystem for drone manufacturing, with companies such as IdeaForge, Skylark Drones, and Aarav Unmanned Systems leading the way.
“India has a strong presence in the drone technology sector, with several startups developing innovative solutions for various industries such as agriculture, infrastructure and defence,” the report said.
The report also highlighted the government’s efforts to promote the use of drones for commercial purposes, with the Ministry of Civil Aviation announcing new regulations in 2022 to enable the safe and efficient use of drones in the country.
“India has the potential to become a global leader in the drone technology sector, and the government’s initiatives to promote the use of drones for commercial purposes will play a key role in achieving this goal,” the report noted.
Overall, the KPMG report highlighted India’s growing capabilities in the aerospace and defence sector, and noted that the country has the potential to become a significant player in the global aerospace industry.
“India’s focus on boosting domestic manufacturing and innovation, combined with its strong talent pool and a favourable policy environment, will help it emerge as a major player in the aerospace and defence sector in the coming years,” the report said.