The largest Brazilian aerospace manufacturer Embraer has inked its first-ever agreement for the supply of forged raw materials from India. This reflects India’s increasing participation in the aerospace sector globally and is part of Embraer’s strategy of creating an efficient supply chain.
First Indian Supplier for Embraer:
Embraer recently disclosed in a statement that Bharat Forge Limited would be supplying forged raw materials to Embraer worldwide. This marks the first time Embraer is collaborating with an Indian firm as a supplier for forged parts.
“This is indeed a proud moment to become the first Indian supplier of forged components for Embraer, and we are thankful to Embraer for their faith in BFL. We are hopeful of building further partnerships in this regard in the coming years,” said Amit B Kalyani, Vice Chairman & Joint MD, Bharat Forge.
He stated, “These contracts will enable us to scale our presence in structural components, besides that which already exists in the aero engine component segment.”
Improving India’s aerospace industry:
As part of Embraer’s larger strategy to diversify their supply chain through partnerships with more foreign firms, this partnership is aimed at creating long-term prospects for development in the aerospace manufacturing field in India.
“Aligning with our overall supply chain diversification strategy, we see India as a huge opportunity for us. With this contract, we reconfirm our intention of building a stronger and more resilient supply chain as well as our dedication to growing the Indian aerospace industry,” commented Roberto Chaves, Executive Vice President of Global Procurement and Supply Chain, Embraer.
Expanding business in India:
This contract comes in light of continued expansion from Embraer in the Indian market. The firm has continued engaging in discussions with key players in India to help grow the aerospace industry in the country.
