A market projected to grow more than fourfold in less than a decade signals a significant shift in India’s aerospace manufacturing landscape. As the country increases domestic production of aircraft, helicopters, and advanced defence platforms, the need for lightweight, high-performance materials is gaining prominence. Aerospace composites can help reduce structural weight and improve aircraft performance and fuel efficiency, making them increasingly relevant to this manufacturing expansion. At the same time, deeper participation by global aerospace manufacturers in Indian supply chains is creating additional demand for composite materials and components.
Valued at USD 124.3 million in 2026, the Indian aerospace composites market is projected to reach USD 514.5 million by 2035, registering a CAGR of 17.1%.
To meet this growing demand, companies are advancing composite manufacturing, expanding production capabilities, and securing partnerships across commercial aerospace and defence. Composights profiles the following five leading companies for their capabilities, recent developments, and positioning in India's aerospace composites market.
1. Tata Advanced Systems Limited (TASL)
Established: 2006 | Headquarters: Hyderabad, Telangana
From manufacturing composite structures for global aircraft programmes to preparing for next-generation fighter production, Tata Advanced Systems Limited (TASL) is strengthening India's position in the global aerospace supply chain. The wholly owned subsidiary of Tata Sons offers specialised capabilities in prepreg lay-up, co-curing, bonding, and non-destructive testing, supported by more than 3,000 square metres of clean-room capacity. Last year in June, TASL signed four production-transfer agreements with Dassault Aviation to manufacture Rafale fuselage sections in Hyderabad. Further, in November 2025, it inaugurated a dedicated composite structures facility for Airbus programmes in Jigani, Bengaluru.
2. Kineco Aerospace
Established: 1995 | Headquarters: Goa, India
Kineco Aerospace is building its reputation on a capability increasingly valued by global aircraft manufacturers: producing advanced composite structures in India to international aerospace standards. Its expertise spans glass- and carbon-fibre composites, with manufacturing processes ranging from resin transfer moulding and infusion to prepreg lay-up, autoclave curing, filament winding, and pultrusion. At the Farnborough International Airshow in July 2026, Kineco announced two significant partnerships. FACC expanded their collaboration to a second Airbus-related composite component work package, while Japan's SkyDrive selected Kineco to develop and manufacture composite aerostructures for its SKYDRIVE eVTOL aircraft.
3. Adani Defence & Aerospace
Established: 2015 | Headquarters: Ahmedabad, Gujarat
Adani Defence & Aerospace is extending India's private-sector defence manufacturing capabilities into composite-intensive unmanned aircraft and integrated aerospace systems. Its aerospace activities include UAV manufacturing and the development of carbon aerostructures alongside avionics and other mission-critical systems. A major step came in July 2026, when the company broke ground on a ₹2,500-crore integrated missile manufacturing ecosystem in Shivpuri, Madhya Pradesh. The project will combine missile system production with composite propellant and Trinitrotoluene (TNT) manufacturing at one location, creating a significant new capability for India's private-sector defence supply chain.
4. Hindustan Aeronautics Limited (HAL)
Established: 1940 | Headquarters: Bengaluru, Karnataka
Few Indian aerospace manufacturers are as closely connected to indigenous aircraft development as Hindustan Aeronautics Limited (HAL). Its dedicated Aircraft Composite Division, established in March 2007, manufactures composite materials and structures for programmes including the Light Combat Aircraft and Advanced Light Helicopter. The Tejas, which uses composite structures extensively to reduce weight, is a major example of this capability. In September 2025, the Ministry of Defence signed a ₹62,370-crore contract with HAL for 97 LCA Mk1A aircraft. In August 2026, HAL also announced industry partnerships involving Adani Defence and BEML to support Prachand combat helicopter production.
5. Taneja Aerospace and Aviation Limited (TAAL)
Established: 1988 | Location: Hosur, Tamil Nadu
TAAL's aerospace journey includes several initiatives supporting India's efforts to develop aircraft and defence technologies domestically. Its historical milestones include an agreement with the National Aerospace Laboratories to manufacture the all-composite HANSA-3 trainer, the development of bulletproof panels for the Advanced Light Helicopter, and the manufacture of the Rustom composite UAV for DRDO. This track record gives TAAL a place in India's history of indigenous aerospace manufacturing, particularly in composite aircraft and specialised defence components.
Expanding India’s Domestic Composites Capabilities
India is emerging as one of the world’s fastest-growing composites markets, supported by expanding domestic carbon fibre and advanced materials capacity from companies such as Reliance Industries, Jindal Advanced Materials, and other industry participants. As this supply base strengthens alongside growing aircraft production and defence indigenisation, the Indian aerospace composites market is poised for substantial growth, with these companies contributing to a stronger domestic materials ecosystem. Investments in composite production, partnerships with international OEMs, and the localisation of advanced manufacturing capabilities will be critical to converting this demand into sustained industry growth.