MARCH 2014

The Aerospace HR Round Table Cconference took place on Saturday, the February 22, 2014 at the prestigious Leela Palace Hotel at

Bengaluru on the theme “Challenges & Opportunities for Talent Management in Aerospace Industry”.

45 Companies, 6 CEOs, 100+ Delegates, the 1st Aerospace HR Round Table was welcomed with open arms by the industry, which is one of the fastest-growing aerospace markets in the world, and is striving to meet its human resource challenges to create a unique place for itself. The roundtable focused on the human resource, training & education challenges in the Indian aerospace industry and the way forward. The roundtable was spread over five distinct sessions, including a thought provoking CEO panel discussion. Session-wise details were as follows:

Started with Welcome Address by Dr. Parag Diwan, Vice Chancellor, University of Petroleum & Energy Studies, Opening address - The year that was by Dr. Vivek Lall, President & CEO, New Venture, Reliance Industries Ltd. and Keynote Address by Mr. R.K. Tyagi, Chairman, Hindustan Aeronautics Ltd.

Dr. Parag Diwan, Vice Chancellor, UPES welcomed all the guests and participants to the conference. Dr. Diwan kicked off the conference presenting to the audience a brief picture of the current status of the aerospace sector in India, and the way forward.

Dr. Vivek Lall, President & CEO - New Venture, Reliance Industries Ltd. in his opening address very interestingly presented the global scenario of the sector and

Inaugural Session

focused on how the changes are happening at world level, and in turn are affecting the Indian aerospace market.

Dr. Lall, felt that aging workforce across the globe in the aerospace sector especially in India is cause for concern as the replacement would not be adequate unless the challenges are taken head-on.

Mr. R.K. Tyagi, Chairman, Hindustan Aeronautics Ltd., in his keynote address underlined the importance of investment in people, and emphasized that investment in people is far more superior to investment in any other resource, which can bring thousand times dividends as compared to investment in technology, etc.

According to Mr. Tyagi, the only solution to the problem is the need of a coordinated effort by the policy makers, industry stalwarts and academia. , He added “We need to ensure quality-oriented specialized training of international standards and

requirements, backed by university affiliation and aviation industry, not just mushrooming of training institutions. India is yet to get its first aviation university whereas some countries have more than six aviation universities”.

He further added, "In the process of ballooning into a massive revenue and employment generator in the coming decade and to tap this, India needs better training and education infrastructure supported by a pragmatic policy-industry-academia ecosystem."

was on - India on the Aerospace Curve: Emerging Opprotunity for Aerospace in India .The facilitators were Dr. Vivek Lall, President & CEO, New Venture, Reliance Industries Ltd., Mr. Lokesh Ranjan Srivastava, CEO, Tata HAL Technologies Ltd., Mr. Ashok Saxena, Director, ADS Group Ltd, Mr. Naresh Palta, CEO, Aerospace & Defence, Maini Group

CEO Panel Discussion

"While extraordinary products and unique services still afford a competitive advantage, the one advantage that stands the test of time... is people." Mark Salsbury

Challenges & Opportunities for Talent Management in Aerospace Industry

[ [Dr. Vivek Lall, President & CEO,

Reliance Industries Ltd.

"Ageing workforce across the globe in the aerospace sector specially in India is causeof concern as the replacement would not beadequate unless the challenges are taken head-on"

"There is nothing like a high quality education to transform you into something that you otherwise might never have been, but in order to be fully transformed in your education you have to take some responsibility as you become educated".

[ [Mr. R. K. Tyagi, Chairman, Hindustan Aeronautics Ltd/

Aerospace HR Round TableAerospace HR Round Tablest

1 Mr. Sujit Pant, Sr. Advisor, Mahindra Aerostructures Pvt. Ltd. mentioned the various opportunities such as growth of aerospace parks, growing civil and military aerospace sectors, emerging Indian markets etc., while talking about the challenges faced by India.

Leadership for a New Marketplace in the Indian Aerospace Business

Session Chairman, Mr. N. Shekar, Vice President, Corporate Strategy & Managing Director, India, Continental DataGraphics mentioned that leadership is about nurturing leadership in others, while opening the session on leadership for a new marketplace in the Indian aerospace business. Mr. Shekar felt that the true leadership must come from the government. He also added the need for the reverse brain drain in order to meet the workforce related challenges.

Wg. Cdr. R. Prahalad (Retd.), Aerospace & Defense Division, Maini Group, addressing the final topic of the conference, 'Entrepreneurial avenues in present aerospace scenario in India', stated that the true leadership is about creating the culture professional discipline and safety consciousness in the organization. He felt that the people should be hired for attitude and trained for skills. Wg. Cdr. Prahalad further mentioned that HR in aerospace sector must work at grass root level and felt a need for HR entrepreneurship.

Session IV :

APRIL 2014

1716

and Mr. Chris Rao, Vice President, UTC Aerospace Systems.

Mr. Ashok Saxena, Director ADS Group Ltd. emphasized on the needs of civil aviation, and added that traditionally India has been spending hugely on military aviation sector but the country will have to look at the aerospace sector in totality. Mr. Saxena also brought out the MRO issues and the efforts of National Skill Development Corporation in finalizing the various skill sets required by the sector.

Mr. Lokesh Ranjan Srivastava, CEO, Tata HAL Technologies Ltd. stated that the industry has to grow six times of the present level, and in the process would require around one lakh people by 2020. Mr. Srivastava focused on the issues of human capital building, material manufacturing and development.

Mr. Naresh Palta, CEO, Aerospace & Defence, Maini Group felt the need for talent management covering the entire spectrum of business.

Lastly Mr. Chris Rao, Vice President, UTC Aerospace Systems shared his thoughts on the various efforts the industry is making in creating human capital.

Human Capital Imperatives - for A New Business Era In Indian Aerospace Industry

Mr. Anantha Agasthya, Executive Director, Hindustan Aeronautics Ltd., started the first plenary session with a focus on Quality issues with respect to hiring, ensuring talent pipeline, proactive role by HR Managers, HR's need to be an integral part of project management and smooth industrial relations and creating inspiring work place.

Session I:

Mr. Dayanand L. Guddin, Chief- HR Officer, Mahindra Aero structures Pvt. Ltd., spoke on 'Human Capital Strategy for Competitive Advantage' covering some pertinent issues, like Alignment of business strategy with the HR strategy, identification of talent, engagement strategy, cultural integration, performance management and differentiating HR architecture.

Strategy & Operational Activities: Education, Training & Development

Mr. Ramanand Puttige, Vice President (Talent Management), Infotech Enterprises Ltd. started the session by discussing the eastern markets, which according to him, is the future of aerospace sector.

Employment in Aerospace Industry: Assessment of Current Manpower Availability in Indian Aerospace Industry

Mr. D. Rajiv Krishnan, Partner & India Leader - People & Organization, Ernst & Young LLP, and the Session Chairman started the session by talking about the growing demand for the Indian engineers globally. He felt that aerospace sector needs a people with right attitude as there is no margin for errors in the aerospace sector.

Mr. T. Sudhakar Rao, former Executive Director (HR), Hindustan Aeronautics Ltd., while speaking on the sourcing of industry ready manpower mentioned that industry needs to take proactive role in helping academia to create industry ready manpower.

Session II:

Session III:

MARCH 2014

The Aerospace HR Round Table Cconference took place on Saturday, the February 22, 2014 at the prestigious Leela Palace Hotel at

Bengaluru on the theme “Challenges & Opportunities for Talent Management in Aerospace Industry”.

45 Companies, 6 CEOs, 100+ Delegates, the 1st Aerospace HR Round Table was welcomed with open arms by the industry, which is one of the fastest-growing aerospace markets in the world, and is striving to meet its human resource challenges to create a unique place for itself. The roundtable focused on the human resource, training & education challenges in the Indian aerospace industry and the way forward. The roundtable was spread over five distinct sessions, including a thought provoking CEO panel discussion. Session-wise details were as follows:

Started with Welcome Address by Dr. Parag Diwan, Vice Chancellor, University of Petroleum & Energy Studies, Opening address - The year that was by Dr. Vivek Lall, President & CEO, New Venture, Reliance Industries Ltd. and Keynote Address by Mr. R.K. Tyagi, Chairman, Hindustan Aeronautics Ltd.

Dr. Parag Diwan, Vice Chancellor, UPES welcomed all the guests and participants to the conference. Dr. Diwan kicked off the conference presenting to the audience a brief picture of the current status of the aerospace sector in India, and the way forward.

Dr. Vivek Lall, President & CEO - New Venture, Reliance Industries Ltd. in his opening address very interestingly presented the global scenario of the sector and

Inaugural Session

focused on how the changes are happening at world level, and in turn are affecting the Indian aerospace market.

Dr. Lall, felt that aging workforce across the globe in the aerospace sector especially in India is cause for concern as the replacement would not be adequate unless the challenges are taken head-on.

Mr. R.K. Tyagi, Chairman, Hindustan Aeronautics Ltd., in his keynote address underlined the importance of investment in people, and emphasized that investment in people is far more superior to investment in any other resource, which can bring thousand times dividends as compared to investment in technology, etc.

According to Mr. Tyagi, the only solution to the problem is the need of a coordinated effort by the policy makers, industry stalwarts and academia. , He added “We need to ensure quality-oriented specialized training of international standards and

requirements, backed by university affiliation and aviation industry, not just mushrooming of training institutions. India is yet to get its first aviation university whereas some countries have more than six aviation universities”.

He further added, "In the process of ballooning into a massive revenue and employment generator in the coming decade and to tap this, India needs better training and education infrastructure supported by a pragmatic policy-industry-academia ecosystem."

was on - India on the Aerospace Curve: Emerging Opprotunity for Aerospace in India .The facilitators were Dr. Vivek Lall, President & CEO, New Venture, Reliance Industries Ltd., Mr. Lokesh Ranjan Srivastava, CEO, Tata HAL Technologies Ltd., Mr. Ashok Saxena, Director, ADS Group Ltd, Mr. Naresh Palta, CEO, Aerospace & Defence, Maini Group

CEO Panel Discussion

"While extraordinary products and unique services still afford a competitive advantage, the one advantage that stands the test of time... is people." Mark Salsbury

Challenges & Opportunities for Talent Management in Aerospace Industry

[ [Dr. Vivek Lall, President & CEO,

Reliance Industries Ltd.

"Ageing workforce across the globe in the aerospace sector specially in India is causeof concern as the replacement would not beadequate unless the challenges are taken head-on"

"There is nothing like a high quality education to transform you into something that you otherwise might never have been, but in order to be fully transformed in your education you have to take some responsibility as you become educated".

[ [Mr. R. K. Tyagi, Chairman, Hindustan Aeronautics Ltd/

Aerospace HR Round TableAerospace HR Round Tablest

1 Mr. Sujit Pant, Sr. Advisor, Mahindra Aerostructures Pvt. Ltd. mentioned the various opportunities such as growth of aerospace parks, growing civil and military aerospace sectors, emerging Indian markets etc., while talking about the challenges faced by India.

Leadership for a New Marketplace in the Indian Aerospace Business

Session Chairman, Mr. N. Shekar, Vice President, Corporate Strategy & Managing Director, India, Continental DataGraphics mentioned that leadership is about nurturing leadership in others, while opening the session on leadership for a new marketplace in the Indian aerospace business. Mr. Shekar felt that the true leadership must come from the government. He also added the need for the reverse brain drain in order to meet the workforce related challenges.

Wg. Cdr. R. Prahalad (Retd.), Aerospace & Defense Division, Maini Group, addressing the final topic of the conference, 'Entrepreneurial avenues in present aerospace scenario in India', stated that the true leadership is about creating the culture professional discipline and safety consciousness in the organization. He felt that the people should be hired for attitude and trained for skills. Wg. Cdr. Prahalad further mentioned that HR in aerospace sector must work at grass root level and felt a need for HR entrepreneurship.

Session IV :

APRIL 2014

1716

and Mr. Chris Rao, Vice President, UTC Aerospace Systems.

Mr. Ashok Saxena, Director ADS Group Ltd. emphasized on the needs of civil aviation, and added that traditionally India has been spending hugely on military aviation sector but the country will have to look at the aerospace sector in totality. Mr. Saxena also brought out the MRO issues and the efforts of National Skill Development Corporation in finalizing the various skill sets required by the sector.

Mr. Lokesh Ranjan Srivastava, CEO, Tata HAL Technologies Ltd. stated that the industry has to grow six times of the present level, and in the process would require around one lakh people by 2020. Mr. Srivastava focused on the issues of human capital building, material manufacturing and development.

Mr. Naresh Palta, CEO, Aerospace & Defence, Maini Group felt the need for talent management covering the entire spectrum of business.

Lastly Mr. Chris Rao, Vice President, UTC Aerospace Systems shared his thoughts on the various efforts the industry is making in creating human capital.

Human Capital Imperatives - for A New Business Era In Indian Aerospace Industry

Mr. Anantha Agasthya, Executive Director, Hindustan Aeronautics Ltd., started the first plenary session with a focus on Quality issues with respect to hiring, ensuring talent pipeline, proactive role by HR Managers, HR's need to be an integral part of project management and smooth industrial relations and creating inspiring work place.

Session I:

Mr. Dayanand L. Guddin, Chief- HR Officer, Mahindra Aero structures Pvt. Ltd., spoke on 'Human Capital Strategy for Competitive Advantage' covering some pertinent issues, like Alignment of business strategy with the HR strategy, identification of talent, engagement strategy, cultural integration, performance management and differentiating HR architecture.

Strategy & Operational Activities: Education, Training & Development

Mr. Ramanand Puttige, Vice President (Talent Management), Infotech Enterprises Ltd. started the session by discussing the eastern markets, which according to him, is the future of aerospace sector.

Employment in Aerospace Industry: Assessment of Current Manpower Availability in Indian Aerospace Industry

Mr. D. Rajiv Krishnan, Partner & India Leader - People & Organization, Ernst & Young LLP, and the Session Chairman started the session by talking about the growing demand for the Indian engineers globally. He felt that aerospace sector needs a people with right attitude as there is no margin for errors in the aerospace sector.

Mr. T. Sudhakar Rao, former Executive Director (HR), Hindustan Aeronautics Ltd., while speaking on the sourcing of industry ready manpower mentioned that industry needs to take proactive role in helping academia to create industry ready manpower.

Session II:

Session III: