Top News
|Starmer resigns as UK Prime Minister amid mounting Labour Party pressure | US, Iran War Ends with a Binding Commitment from Iran to Never Produce Nuclear Weapons | Oil Starts Flowing Freely Through Strait of Hormuz | US and Iran both Allow Movement of Oil Tanker’s | ONGC to Invest $1.5 billion to Boost India’s Oil Storage by 33 % | Qatar Amir-gifted Boeing 747 is new US Air Force Presidential Jet | Meta and Reliance to set up a huge Global Digital Hub in Jamnagar | Modi, Trump meet warmly again, this time at G7 | Modi showers praise on Trump for his Middle East peace effort | Trump says We always had Tremendous Relationship with India | Trump praises Modi, jovially calling him ‘a killer’ for his negotiating skills at G7 | Modi said Freedom of Navigation in the Strait of Hormuz is A Must | Trump expressed condolences for the Indian sailors killed in US Navy attack in the Gulf | Trump said US and Iran will sign an MoU to end their war on Friday June 19 | All the G7 Leaders supported the Peace Effort | Modi, UAE President Shaikh Mohammed agree to work together on Middle East Peace, Security and Stability | Piyush Goyal discusses expanding partnership with Prince Albert II of Monaco | Eurosatory 2026 opens in Paris with matching 2026 defence exhibitors from 68 countries | Huge display of advanced weapons for precision attacks and defense | UAE’s three Satellites are fully Operational in Low Earth orbit | NASA announces Artemis III Space mission for 2027 with Four Astronauts | It will be a ‘highly complex’ mission to test Rendezvous and Docking capabilities between spacecraft | Three Astronauts are Americans, and one Italian | They include Commander Randy Bresnik, mission Specialists Frank Rubio and Andre Douglas, and Pilot Luca Parmitano of Italy | Vice Admiral Vineet McCarty is Commander in Chief, Andaman and Nicobar Command | Maj Gen Rachel Thomas takes over as Additional Director General, Indian Military Nursing Service | Susan Elias takes over as the first Woman Principal of Delhi’s prestigious St Stephen’s College in its 145 years history | St Stephen’s has produced many of India’s top Civil and Military officers | A Boys college for long, it’s now a coveted Co-ed institution | India Strategic salutes Lt Gen Dhahi Khalfan and Dubai Police for marking 70 Years of Excellence in Public Safety | Dubai is among the Safest Cities on the World | US asks historically neutral Oman to take sides and cut ties with Iran | Moscow’s ties with New Delhi are Strong As Always, says Russian Foreign Minister Sergey Lavrov | India, Australia to sign MoU on deepening defence ties | Nvidia to introduce advanced AI chips for PCs from 2026 | Malaysia bans Social Media accounts for children under 16 | President Trump arrives in China for a high stakes Summit with President Xi Jinping | Trump says the only thing on Iran is ‘They Can’t Have A Nuclear Weapon’ | US F 35 fighter jets from amphibiius assault ship USS Tripoli continue Patrol Operations around Iran | UAE and Saudis hit Iranian oil facilities in retaliation, including the key Lavan refinery | Trump asks Iran to make a deal or be decimated | US will finish the job - of denying Iran nuclear capability - Peacefully or Otherwise | Iran parks it’s Air Force aircraft in Pakistan to escape from US strikes, reports CBS | India slams China’s military support to Pakistan during 2025 Operation Sindoor against Pali terrorists | China gave long range anti-aircraft missiles to Pakistan among other sophisticated weapons | In a global Oil Shock, UAE leaves OPEC, from May 1 | Iran declares Strait of Hormuz open for all | Oil Prices Plunge | IMF warns of Global Recession if Iran War doesn’t end | British economy worst hit with the war, says IMF | Israel and Lebanon hold talks for the first time after 1993 | They focus on removing Iran-supported ‘terrorists like Hezbollah’ | US, Iran likely to hold a second round of Peace Talks | IEA reminds the oil prices do not yet reflect the severity of the global Energy crisis | President Trump, Prime Minister Modi speak for 40 minutes over phone to discuss the Iran War | Modi says Happy to receive call from My Friend Trump and discussed the Importance of Keeping the Hormuz Open and Secure | Ambassador Sergio Gor says US and India ties are On A Strong Footing | US, Iran likely to resume talks | Israeli and Lebanese officials to meet in Washington, Hamas opposes talks | India, France review expanding strategic ties | Iran reiterates No Restrictions on Indian Ships in the Strait of Hormuz |
DEFENCE INDUSTRY

TVS Supply Chain Solutions and ALA Group Partner to Build Aerospace & Defence Supply Chain Platform in IndiaTVS Supply Chain Solutions and ALA Group Partner to Build Aerospace & Defence Supply Chain Platform in India

The JV is targeting cumulative revenues in excess of ₹2,000 Cr. by 2031

Chennai. TVS Supply Chain Solutions (TVS SCS), a leading global supply chain solutions provider and one of India’s largest and fastest-growing integrated supply chain companies announced on June 4, 2026, the formation of a joint venture with ALA Group, an Italy-based aerospace and defence supply-chain integrator, to address opportunities in India’s fast growing aerospace and defence sectors. TVS SCS will hold a 51% stake in the JV, while ALA will own the remaining 49%. The JV is expected to emerge as a significant growth driver for TVS SCS in India, with cumulative revenues projected to exceed ₹2,000 Cr by 2031.

(L to R): Vittorio Genna, Vice President and Co-Founder, ALA Group and Mr. R. Dinesh, Executive Chairman, TVS Supply Chain Solutions, exchanging the JV agreement.

Following the signing of a Memorandum of Understanding earlier this year, TVS SCS and ALA Group witnessed strong engagement and active interest from multiple industry participants across the aerospace and defence ecosystem. This momentum accelerated the decision to formalise the partnership through a dedicated joint venture platform. Aerospace and defence supply-chain solutions globally are characterised by specialised procurement, inventory management and mission-critical fulfilment capabilities, making them structurally higher-margin businesses with strong returns on capital employed (RoCE). Quality companies in this sector have consistently delivered strong profitability metrics, with PBT margins in the range of 8-9%, reflective of this high-value segment. The JV will initially focus on opportunities in India, while TVS SCS and ALA will continue to evaluate opportunities to support aerospace and defence supply-chain requirements across select international markets over time.

R. Dinesh, Executive Chairman, TVS Supply Chain Solutions, said, “This joint venture marks our entry into the high growth and globally significant aerospace and defence supply chain market. India is emerging as one of the most important growth engines for the global aerospace and defence industry, driven by localisation initiatives, strategic investments and expanding international collaborations between India and key global aerospace and defence ecosystems.

He further added, “ALA brings deep domain expertise, strong global customer relationships and proven capabilities in specialised aerospace and defence supply chain solutions, which complement TVS SCS’ extensive network, digital capabilities and execution strength. Together, we are building a scalable and future ready platform for global aerospace and defence companies to serve Indian requirements for both the aerospace and defence sectors.”

Vittorio Genna, Vice President and Co-Founder, ALA Group, added, “India is one of the world’s fastest-growing aerospace and defence markets, driven by increasing defence modernisation programmes and expanding global partnerships. We have strong customer relationships across the aerospace sector and many global companies in this sector are actively evaluating and expanding their presence in India, creating significant opportunities for specialised supply chain services.

Through this partnership with TVS SCS, we will be well positioned to support the evolving requirements of our global customers in India. In TVS SCS, we have found a partner with deep market understanding, a strong domestic network, proven execution capabilities and a trusted brand. Their strong operational and technology-led execution capabilities, combined with extensive supply chain infrastructure, make them an ideal partner to build a scalable and differentiated aerospace and defence logistics platform.”

Says Vikas Chadha, Global Chief Executive Officer, TVS Supply Chain Solutions, “The industry is characterised by stringent certification, compliance and traceability requirements, creating a need for specialised supply chain capabilities. Our strong presence in India, extensive supply chain infrastructure and experience in working with complex customer and regulatory ecosystems, together with ALA’s global aerospace and defence expertise, create a compelling platform to help customers navigate these complexities more efficiently. Given the specialised and high-value nature of this business, we expect the venture to become profitable within its first twelve months of operations and be a meaningful contributor to our growth and profitability in India.”

Mauro Romano, CEO of ALA MENA said, “Our experience across global aerospace and defence programmes has demonstrated the growing importance of integrated procurement and inventory management solutions. India represents a strategically important market for long-term growth, and this partnership provides a strong platform to support customers with localised and globally integrated supply chain solutions.”

The joint venture will specialise in end-to-end integrated supply chain solutions including sourcing and supply of aerospace and defence components, kitting and sub-assembly operations, as well as consolidation, imports, warehousing and delivery. India’s defence logistics market is expected to grow at a CAGR of around 8.6%.

TVS Supply Chain Solutions announces the formation of a joint venture with Italy based ALA Group, to build aerospace & defence supply chain platform in India.

Building on proven Defence and Utilities Credentials

TVS SCS brings deep supply chain experience from its long-standing Defence and Utility sector operations in the Europe, and accounts for over 30% of the company’s Europe business. The company has been supporting the UK Ministry of Defence and leading defence prime contractors for several years, managing approximately 250,000 NATO Stock Numbers (NSNs) and fulfilling around 1 million defence demands annually through a global supplier base of over 1,000 vendors. Its defence operations span land, sea, and air platforms and are governed by stringent quality, security, and compliance standards, supported by digitally enabled logistics systems that enhance visibility, resilience, and operational readiness. TVS SCS also works closely with defence prime contractors on multi-year programmes, reinforcing its credentials as a trusted global defence logistics partner.

ALA Group, on the other hand, brings more than 35 years of experience as a specialised aerospace and defence supply-chain integrator, supporting leading OEMs, MROs, and defence programmes across Europe, North America, and selected international markets. Headquartered in Italy, ALA operates a global network of commercial offices and state-of-the-art logistics and kitting facilities, supporting major global aerospace and defence platforms and programmes. The various players in this sector are, Airbus, Boeing, Dassault Aviation, Safran Group, Rolls-Royce, Collins Aerospace and Thales Group, among others. Many of these global aerospace and defence companies are also expanding their partnerships and joint ventures with Indian companies as part of their long-term localisation and manufacturing strategies in India.

The ALA Group supports a wide range of aerospace and defence platforms across air, land, and naval domains, providing certified spare-parts distribution, inventory optimisation, kitting, Direct Line Feed, consignment stock, and defence-grade logistics engineering services. ALA’s operations are governed by stringent quality, security, compliance standards, and operational readiness. This proven capability positions ALA as a trusted partner for complex, regulated aerospace and defence supply chains, enabling scalable and compliant solutions across multiple geographies. ALA is also at the forefront of technology, investing heavily in cybersecurity and maintaining exceptionally high-level security infrastructure. It is the only company in the Aerospace & Defence sector to track and certify products with legally binding value using patented IAC (Instant Automatic Certification) technology worldwide.

Related Articles

Back to top button