TVS Supply Chain Solutions Ltd (TVS SCS), one of India’s largest and fastest-growing integrated supply chain companies, today announced 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 crore by 2031, the company said.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 said. “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,” he added.Vittorio Genna, Vice President and Co-Founder, ALA Group, said, “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 we will be well positioned to support the evolving requirements of our global customers in India. Their [TVS SCS] 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.”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 SCS said. Published - June 04, 2026 08:10 pm IST