Dynamatic Technologies Limited and Hutchinson have signed a Memorandum of Agreement (MoA) to target the rapidly expanding Indian aerospace market. This strategic collaboration merges Hutchinson’s expertise in advanced composite and multi-material systems with Dynamatic’s strong industrial capabilities in metallic aero-structures. The partnership aims to position both entities as leading suppliers for global OEMs operating in the region, marking a significant step for India’s domestic aerospace manufacturing capabilities.
Strategic Collaboration for Indian Aerospace Growth
On March 3, 2026, Dynamatic Technologies Limited announced the signing of a Memorandum of Agreement (MoA) with Hutchinson. The primary objective of this alliance is to effectively address the demands of the fast-growing aerospace market within India.
This collaboration leverages the complementary strengths of both firms: Hutchinson contributes its expertise in advanced composite and multi-material systems, while Dynamatic brings proven industrial capability in metallic aero-structures and assemblies. This combination aims to establish them as premier partners for global Original Equipment Manufacturers (OEMs) operating in the region.
Initial Work Package Commitments
The framework of the agreement immediately solidifies the partnership through initial contract awards. Dynamatic Technologies will award Hutchinson its first composite parts work package. Concurrently, Hutchinson will grant Dynamatic a first multi-year metallic parts contract, signaling a strong initial operational start to the collaboration.
Executive Commentary
Hélène Moreau-Leroy, Chairman and CEO of Hutchinson, stated that the collaboration supports the long-term development of India’s aerospace ecosystem, particularly for complex and high-rate programs. She emphasized that the cooperation brings strong industrial competitiveness and high expertise to global OEMs.
Udayant Malhoutra, CEO and Managing Director of Dynamatic Technologies Limited, described the agreement as a “transformative shift for the global aerospace supply chain combining the best of both worlds in metallics and composites.” He noted the benefits for OEMs include unlocking new opportunities through value engineering and accelerated product development in India.
Company Profiles Summary
About Hutchinson
Hutchinson specializes in multi-material solutions for safety, comfort, and sustainability across Aerospace, Automotive, and Industrial markets. As of 2025, the Group generated revenues of €5.0 billion and employed 40,000 people across 25 countries. For its Aerospace and Defense activities, it operates 38 production sites globally.
About Dynamatic Technologies Limited
Dynamatic Technologies designs and builds highly engineered products for Hydraulic, Aeronautic, Metallurgy, and Security applications. The company is vertically integrated, possessing its own alloy-making and casting capabilities. It employs over 2,000 personnel across India and Europe, including 700 engineers specializing in key fields like Mechanical Engineering and Materials & Metallurgical Engineering.
Source: BSE
