100 Per Cent Growth in Civil Aviation Over the Next 3 Years

Godrej Aerospace, foresees a remarkable growth exceeding 100 per cent 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. Considering the growing opportunities in the civil aviation and space sector, Godrej Aerospace is actively capitalising on international market trends. The industry’s upward trajectory, particularly the demand for single-aisle aircraft and their engines, presents a favourable market environment. In FY23, Godrej Aerospace reported Euro 10 million revenue in the civil aviation segment. Godrej Aerospace has secured significant new orders, particularly in sheet metal brackets, complex fabrications, tubings, and ducting, which will serve as the foundation for its growth trajectory. These orders present tremendous opportunities to expand its customer base and strengthen its foothold in the civil aviation sector internationally.