Paras Defence and Space Technologies Ltd management interview: Engines, Platforms and Partnerships Powering India’s Aerospace Ambition | DEFCON 2026
Moneycontrol, 2026-09-24. Video: https://www.youtube.com/watch?v=KCNpEA1w5I4
- Engine co-development: Safran has partnered 50-50 with HAL to design, build, certify, and potentially export turboshaft engines for the IMRH program, while actively engaging with the Indian government on fighter jet engine development.
- Domestic sourcing targets: Global OEMs are accelerating procurement from India, with Pratt & Whitney aiming to scale sourcing by 10x and Safran targeting a 5x expansion.
- Raw material dependencies: While domestic design and subsystem capabilities are advancing, sourcing remains constrained by reliance on imported raw materials, which account for at least 40% of component costs.
- Aerospace PLI advocacy: Industry leaders highlighted that introducing an aerospace Production-Linked Incentive (PLI) scheme would serve as a major catalyst for scaling manufacturing, infrastructure, and raw material qualification.
- Artificial intelligence deployment: Safran is applying AI platforms to integrate intelligence data for defense decision-making, while Pratt & Whitney monitors over 30,000 engines from Bangalore for predictive maintenance and automated video defect inspections.