Maini Group outlines expansion plans at Aero India 2013

• Becomes a direct sub-tier partner with two global aerospace prime contractors
•  Enters its fourth decade of successful industrial build up

Bangalore, January 09, 2013: The Maini Group today announced that it would be sharing details regarding its expansion plans at The Aero India 2013. The group has acquired industrial land in preparation for its expansion of plant facilities and is concentrating on long term aerospace and defense strategic plans spanning the next two decades. For this purpose, it is currently in talks with global and domestic aerospace leaders in order to explore the right opportunities. The Maini Group is all set to court growth in the Indian aerospace industry, which is growing at an exponential rate.

The Maini Group is participating and exhibiting its products at Aero India 2013 in Bangalore on 6th to 10th February 2013. They will be present at Hall B, Stall B1.5.

The group also announced that Maini Precision Products Pvt. Ltd. (MPP), has achieved a unique distinction in India in the year 2012 by becoming a direct sub-tier partner with two global aerospace prime contractors, supplementing its already impressive list of customers who are the global who-is-who of aerospace domain. MPP has been steering its aerospace aspirations through a dedicated team of domain skilled people, which has been christened as Maini Global Aerospace (MGA).

“MGA is proud to be associated with global majors as direct suppliers and also to a host of global aerospace leaders like Snecma, Eaton, Magellan, Marshall, Parker, Avio, GE, MTU, HAL, SnecmaHAL and Hamilton Sundstrand. The MGA strategy is to grow up the value chain in the domains of aerospace parts manufacture such as aero structures, precision and aero-engine parts and aircraft systems.” said Mr. Naresh Palta, CEO, Maini Global Aerospace Pvt. Ltd.

MGA is also one of the few selected Indian Offset Partners (IOP) with global aerospace majors. Having already commenced supplies against offset programs, the MGA team has recently begun the manufacture of mechanical parts for space applications.

The Maini Group also enters its fourth decade of successful industrial build up in 2013. From its modest beginning of manufacture of precision components and assemblies for the automotive, hydraulic, material handling and engineering industry by its flagship company Maini Precision Products Pvt. Ltd. (MPP), the group has grown to become a six company entity today. Widely known for its innovative and revolutionary electric car ‘REVA’ and eco- friendly material handling solutions, the group diversified into aerospace activities in 2005 by manufacture of precision machined parts for the Snecma’s widely used CFM 56 engines.

With a high focus on leveraging its diverse strength in design, manufacture, innovation, integration, international joint ventures, strategic alliances, and technology absorption, The Maini Group aims to propel itself as a strong aerospace and defense entity in the country.