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Defence and Aerospace

Defence and Aerospace

Background

The Aerospace & Defence sector in India is at an inflection point, given the modernisation and indigenisation programs being undertaken by all the three services of the second largest military force in the world. The Ministry of Defence in India has laid out an expansive plan for modernisation of obsolete equipment through the Long Term Integrated Perspective Plan (LTIPP), Technology Perspective & Capability Roadmap (TPCR) and Services Capital Acquisition Plan (SCAP). India being the third largest importer of arms and defence platforms, the three services, supported by specialised inter-service commands & institutions, have collectively taken upon themselves to be harbingers of “Make in India” for hardware and infrastructure being inducted into their fold.  

The Government of India had also identified the Aerospace & Defence sector as a focus area for the “Make in India” program and has taken considerable steps to Push forth the establishment of indigenous manufacturing infrastructure supported by requisite research & development ecosystem.  Additionally, the Government of India has, as part of its budgetary allocation, acceded to the establishment of two Defence Corridors at Uttar Pradesh and Tamil Nadu.  These two corridors shall focus upon development of indigenous manufacturing capabilities and in turn become the springboard for all development activities undertaken by the government in the sector.

About Us

We at KPMG recognise the significant opportunity that the Aerospace & Defence sector presents to our clients. We have a specialist team of more than 10 dedicated resources comprising of personnel who were formerly with the Indian armed forces, defence procurement and program development along with Subject Matter Experts from the aerospace & defence manufacturing who have previously worked with R&D organisations to assist clients and provide a complete solution – from strategy formulation to execution.

The Aerospace & Defence practice of KPMG in India has also been at the forefront of reform advocacy in the sector and has developed concept papers and thought leaderships leading to progression of reforms.  The practice holds marquee credentials and significant experience across all areas of consulting engagement.  The team has been able to leverage the experience that it has garnered from personal engagement with the aerospace & defence sector as well as the engagements taken up as a practice to deliver substantial value to our clients and to assist them in their strategic pursuits in the sector.

How we can help

The Aerospace and Defence practice has a proven track record of advising government as well as all leading global and Indian OEMs and Tier -1 suppliers.  We have a well-defined and robust approach to support our clients effectively across a spectrum of projects in business performance services, transaction services and tax and regulatory services including offset advisory. 

We provide consulting services across the project lifecycle including but not limited to

— Market Research & Entry Strategy

— Transaction Services and Taxation

— Supply Chain Management

— Technology Transformation

— Regulatory Services and Bid management

— Offset Advisory

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