Raymond Limited’s Aerospace Subsidiary Wins Multi-Programme Aerospace Orders from a Leading Indian Aerospace and Defence Major
Mumbai (Maharashtra) [India], September 11: Raymond Limited, the flagship company of the Raymond Group, today announced that during the quarter the Company’s Aerospace subsidiary secured significant new aerospace business from...
Mumbai (Maharashtra) [India], September 11: Raymond Limited, the flagship company of the Raymond Group, today announced that during the quarter the Company’s Aerospace subsidiary secured significant new aerospace business from a leading Indian aerospace and defence major. The award covers more than 300+ part numbers — precision-machined, casting and structural — across multiple aircraft applications, with annual volumes exceeding 37,000+ components. As expected production rates, this represents annual business potential of approximately ₹33 crore. Production commences progressively across 2026 and 2027. Scope spans precision machining, aerospace castings, structural components and complex assemblies, extending the Company’s participation across a wider portion of the aerospace value chain.
Commenting on the development, Mr. Rakesh Tiwary, Group Chief Financial Officer, Raymond Limited, said:
