Azad Engineering Ltd. is recognized as a leading manufacturer of highly engineered, complex, and mission-critical components, particularly for industries with stringent regulatory requirements and high entry barriers. This positions the company as a key player in sectors where precision and reliability are paramount.
Azad Engineering Ltd. boasts 15 years of operational experience as a Tier 1 supplier, with significant expertise in producing highly qualified parts and components. The company has a strong international presence, with sales in 15 countries and approximately 87% of its revenue coming from exports. Operating in a 20,000 sqm manufacturing area, Azad has delivered around 3.09 million units, maintaining stringent quality standards, including zero parts per million defects in some cases.
Azad Engineering Ltd. is a prominent supplier in the aerospace and defense sectors, providing components to six key manufacturers, including major commercial aircraft producers.
Azad Engineering Ltd. is a significant supplier in the energy sector, providing components to five key manufacturers in the turbine industry. The company supplies customers that collectively control about 70% of the global gas turbine market, highlighting its crucial role in this sector.
Azad Engineering Ltd. supplies components to five key manufacturers in the turbine industry, including key OEMs that control about 70% of the global gas turbine market share, underscoring its pivotal role in the energy sector.
Azad Engineering Ltd. has experienced a growth in its market share for airfoils, supplying 3.09 million units from FY09 to FY23. This highlights the company’s expanding influence in this critical component segment.
Business Development & Growth Update:
The company has achieved significant milestones in business development and growth, securing multiple long-term contracts and agreements across various sectors:
Siemens Energy Global GmbH & Co.:
- Agreement Tenure: 5 years
- Scope: Manufacture and supply critical rotating components for global demands of advanced gas and thermal turbine engines.
GTRE (Gas Turbine Research Establishment), DRDO:
- Nature of Contract: National pride contract
- Scope: End-to-end manufacturing, assembling, and integration of a complete assembled Advanced Turbo Gas Generator Engine.
- Affiliation: Pioneering Research and Development Organization under DRDO and the Ministry of Defense, Government of India.
Rolls Royce:
- Contract Tenure: 7 years
- Scope: Production and supply of critical engine parts for Defence and Military Aircraft Engines.
Baker Hughes (Subsidiary):
- Agreement Tenure: 5 years (with an option to extend up to 3 additional 1-year terms)
- Scope: Supply of high-complex and critical components for the Oil & Gas Sector.
Baker Hughes (Oil Field Services):
- Agreement Tenure: 5 years
- Scope: Supply of medium-high complex precision machined components.
GE Vernova (Steam Power Business):
- Contract Tenure: 7 years (Phase 1 Agreement)
- Scope: Supply of high-complex rotating airfoils for Nuclear, Industrial, and Thermal Power industries.
- Contract Value: Approximately USD 35 million.
Home Page – AZAD ENGINEERING LIMITED
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