Archive · 24 Sep 2025
Godrej Aerospace Targets Growth in Aviation
Godrej Aerospace wants to sell more airplane parts.
They aim to double their sales in about five years.
They currently make components for airplane engines like LEAP and Trent.
A new factory in Maharashtra, India, is being built to help with production.
They have a contract to make parts for LEAP engines with SAFRAN.
They also make components for defense and space programs.
They believe India can be a good place to make these important parts.
Godrej Aerospace aims to double revenue in 5-6 years.
Approximately 40% of current revenue is from exports.
The company supplies components for LEAP and Trent engines.
A new facility is being constructed in Khalapur, Maharashtra, for operations by 2027.
Godrej signed a five-year contract with SAFRAN to manufacture components for LEAP engines.
- Who
- Godrej Aerospace
- What
- Plans to double revenues by targeting growth in the global civil aviation market.
- When
- Over the next 5-6 years
- Where
- Focusing on facilities in India, including a new facility in Khalapur, Maharashtra.
- Why
- Due to growing demand for aerospace components and long-term contracts with global OEMs.
- Company
- Godrej Aerospace
- Revenue Goal
- Double revenue in 5-6 years
- Current Revenue (Aerospace & Defence)
- ₹700 crore
- Export Percentage
- 40%
- New Facility Location
- Khalapur, Maharashtra
- Facility Operational Date
- 2027
- Contract
- Five-year contract with SAFRAN