Manufacturer expands Indian supply chain after seeing demand double
A Coventry manufacturing group is expanding its Anglo-Indian supply chain after seeing demand double.
Nasmyth Group, a global supplier to the aerospace, defence and energy sectors, has just taken delivery of the one millionth precision machined component manufactured at its partner in the sub-continent.
The group first established a foothold in India in 2009 and its commitment to develop and align skills in both the UK and India led it to set up a supply chain liaison office in Bangalore.
Following four years of production proving, the first part manufactured to full production standards was received in 2013. The liaison office opened in the same year to manage the planning, expediting, engineering, production, cost and quality of components produced by partner companies across India.
Once in the UK, the products are further processed by Nasmyth prior to delivery to aerospace OEMs and Tier 1 suppliers worldwide.
Since opening its liaison office, the Nasmyth team has developed and mentored a range of partner suppliers in Bangalore, Chennai, Hyderabad and Coimbatore. These manufacturing companies across southern India employ more than 1,000 people.
The scale of demand for high quality products and the ability of Nasmyth’s Indian suppliers to meet the requirements of Nasmyth’s customers has resulted in a doubling of output from Nasmyth’s Indian suppliers’ year on year. Having shipped 500,000 components during 2016 Nasmyth Group has now notched up the one million parts milestone.
Peter Smith, CEO of Nasmyth Group said: “We provide the best quality engineering services and products for our customers and we are delighted to see that production in India has continued to exceed our exacting standards.
“Nasmyth Group and our partners have achieved many things together, including significantly increasing production and controlling costs. Accepting delivery of the one millionth component from India is a major milestone for the combined team as we, and our customers, see the benefit of Nasmyth’s decision to look to India to complement our UK engineering and manufacturing capabilities. The success is a testament to our partners’ dedicated and hardworking teams in India.”
Between 2010 and 2015, the UK aerospace industry saw production growth of 30% compared to 2% for the UK economy and sustained growth is expected to continue.
The group said meeting this global challenge was a priority and the number of components manufactured in India, which equates to 5% of the group’s total global sales, is expected to grow exponentially as demand continues.
“Prime Minister Modi initiated his Make in India policy in 2014 to encourage commissioning and manufacturing in India. The policy has been widely hailed as a success and in 2015 the country emerged as the top destination globally for foreign direct investment, receiving US $63bn,” said Mr Smith.
“The Nasmyth liaison office does a substantial and successful job of managing our Indian supply chain as we rapidly expand the excellent resources and expert skills that we, and our partners, can make available to our customers.”
The group will shortly be expanding its Bangalore operation into new purpose-built facilities. It will do so alongside the group’s newly inaugurated company, Nasmyth India Private.
The new company will provide design engineering resources across the Nasmyth Group.
