Tarmak007 -- A bold blog on Indian defence: India Thought Leaders (ITL): Participation In defense offset program our prime target, says Maini Global Aerospace CEO Palta

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Saturday, August 14, 2010

India Thought Leaders (ITL): Participation In defense offset program our prime target, says Maini Global Aerospace CEO Palta

Naresh Palta, CEO of MGA (above) and the firm' products for aerospace below. Photos: t-arch-2010-sikka
  By Anantha Krishnan M. | Aviation Week |
Bangalore | India | August 14, 2010

The Maini Group, based in Bangalore, is a fast-growing private firm that has made huge inroads in high-precision and innovative engineering products since 1973. Since 2004, the group’s flagship company, Maini Precision Products Pvt. Ltd. (MPP), has been exporting aerospace-machined, high-precision components to leading aerospace companies. In February 2009, the aerospace activity was formed as a fully focused entity under Maini Global Aerospace Pvt. Ltd. (MGA). Spearheading MGA’s activities is its CEO, Naresh Palta, a man with more than 40 years of rich experience in aerospace and defense. “Our objective is to diversify and grow into wider areas of aerospace like sheet metal forming, aircraft structures, aircraft accessories and ground-support equipment, ultimately providing and end-to-end, one-stop shop from engineering to product delivery,” Palta tells AVIATION WEEK, during an interview for the India Thought Leaders (ITL) series.  
AW: What was the driver for your company to go into aerospace?
N.P.: MPP was established with the single-minded objective to take the ‘Made in India’ tag of precision engineering products, made to international quality standards, into the global market. Having successfully done that and after creating a formidable clientele in hydraulics and the automotive industry in Europe and the U.S., MPP was looking for higher challenges. Aerospace, with its stricter standards, norms and demands, was a natural choice. MPP follows international standards and has acquired the requisite international certifications like AS9100, ISO 14001 and NADCAP.
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