Due to ‘Make in India’ campaign of Indian government, there is now an estimated offset obligation of around US$50 billion. As per DPP, Engineering services are included as a method of discharging offsets gives a big boost to engineering services industry in India.
AeroEuro, a 100% subsidiary of Punj Lloyd Group, is an innovation center for engineering design and development of Defence products and services.
AeroEuro being a part of the Punj Lloyd Group is uniquely poised to become a preferred Indian Offset Partner (IOP) for Global Primes by providing engineering solutions. Punj Lloyd today holds licenses from Department of Industrial Policy and Promotion (DIPP) for:
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Guns Rocket & Missile Artillery Systems & Related EquipmentElectro Optical Systems, Fire Control Systems, C4I Systems and Power Packs for armored fighting vehicles
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Conversion of Civilian Aircraft into aircraft for Defence Application
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Precision Manufacture of Aero-structures & Dynamic Components for Aviation & Land System Products
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Manufacture of ATGMs, Hand held Rocket Launcher and Anti-tank & Anti-Material Rifles greater than 12.7 mm
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Manufacture of Naval vessels, Torpedoes, Sonar Systems and other n.e.c. components