The French aerospace firm Dassault Aviation has doubled the capacity of its Engineering Centre in Pune, India, raising its head-count to over 150 engineers.This move aligns with India’s broader “Make in India” push and shows a deepening of local design/engineering capabilities rather than just manufacturing or assembly. The implication: high-technology engineering work is increasingly being off-shored or co-developed in India, not just low-value tasks.
Precision Manufacturing Gains Momentum
Indian supplier Azad Engineering is making waves. It’s highlighted for its role as a tier-1 supplier of precision engine parts to global giants like Rolls‑Royce and Boeing, boasting an order-book in the region of ₹6,000 crore. What stands out: the very tight tolerances (5–10 microns) in manufacturing, which signals a shift in India from basic manufacturing to high-end precision engineering. It also points to global supply chains rethinking where “critical components” are made.
Beyond geographic shifts, the field of engineering is being reshaped by technology. A recent overview identifies major trends such as AI/ML integration, autonomous systems, quantum/hybrid engineering, lifecycle/sustainability thinking and bio-hybrid systems.For example: generative design tools, predictive maintenance via IoT, digital twins, even combinations of biotech + sensors. These shifts mean engineers are expected not only to master core technical skills but also data, software, system-integration and sustainability thinking.
Strong Financials but Valuation Caution
From a business perspective, many engineering/manufacturing players are seeing good order pipelines and growth potential. But caution is merited. For instance, Azad is trading at a P/E of over 100× despite the business being in ramp-up phase.
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