TVS SCS and ALA Group Forge Aerospace-Defense JV, Targeting ₹2,000 Crore Revenue by 2031
June 4, 2026
ALA brings three decades of experience with clients like Airbus, Boeing, Lockheed Martin, Leonardo, and Dassault, and programmes including Rafale, Eurofighter, and F-35, with 2025 revenue around €350 million.
The investment aims to support expansion and finalise collaboration and development opportunities in India’s aerospace and defence sectors.
The JV leverages TVS SCS’s European defence and utilities operations, which account for over 30% of its European business, and marks its entry into India’s growing aerospace and defence logistics market, expected to grow around 8.6% CAGR.
TVS SCS projects roughly ₹2,000 crore in five years as India’s aerospace and defence logistics market expands, driven by global manufacturers increasing in-country manufacturing.
TVS Supply Chain Solutions (TVS SCS) and Italy’s ALA Group have formed a 51:49 joint venture to build India’s aerospace and defence manufacturing supply chain, targeting over ₹2,000 crore in revenue by 2031.
The venture will deliver end-to-end services—from component sourcing and kitting to sub-assembly, imports, warehousing, and distribution—with an initial focus on India and potential expansion into international markets later.
ALA Group brings expertise in spare-parts distribution, inventory optimization, kitting, direct line feed, consignment stock, and defence-grade logistics across air, land, and naval domains.
Industry economics suggest aerospace and defence logistics can deliver pre-tax margins of about 8%–10%, higher than conventional logistics due to long-term contracts and high switching costs.
Executive Chairman R. Dinesh emphasized India as a key expansion focus for aerospace, driven by localisation initiatives and increased India-global aerospace collaborations.
Global aerospace majors are expanding partnerships with Indian firms as part of localisation and onshore manufacturing strategies.
ALA highlighted its patented Instant Automatic Certification technology, a unique capability for certifying products with legally binding value.
ALA reported about €350 million in revenue, with a large share from Europe and strong presence in the US and Southeast Asia, underscoring its international reach before the India venture.
Summary based on 8 sources
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Sources

Economic Times • Jun 4, 2026
TVS Supply Chain forms JV with Italy's ALA Group to foray into aerospace and defence segment
The Times Of India • Jun 4, 2026
TVS SCS and Italy’s ALA launch aerospace & defence supply chain JV in India
Economic Times • Jun 4, 2026
TVS Supply Chain forms JV with Italy's ALA Group to foray into aerospace and defence segment
Business Standard • Jun 4, 2026
TVS Supply Chain Solutions board approves JV agreement with A.L.A Corporation