StockWatch
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Garments & Apparels
Business Update23 Sept 2026, 01:16 pm

Raymond enters aircraft structures vertical

AI Summary

Raymond Limited, through its subsidiary JK Maini Global Aerospace Limited, has successfully entered the aircraft structures vertical by winning a tender for assembling wing and center fuselage structures for a major indigenous fighter aircraft program. This move expands Raymond's capabilities beyond precision manufacturing into complex assemblies. The company will leverage existing customer infrastructure for a capital-efficient approach, aiming to build execution credentials for future, larger aerospace programs globally. This strategic expansion diversifies Raymond's Engineering vertical, which already includes Tools & Auto Components and Aerospace & Defence.

Key Highlights

  • Raymond to assemble wing and center fuselage structures for fighter aircraft.
  • Entry into higher-value aircraft structures vertical via subsidiary.
  • Capital-efficient approach leveraging customer infrastructure.
  • Aims to build execution credentials for future global aerospace programs.