Airfloa Rail Technology Limited, a prominent manufacturer of railway rolling stock components and turnkey interior solutions, has announced a strategic Joint Venture (JV) with Big Bang Boom Solutions Private Limited (BBBS), a leading Indian defence technology company specializing in Electronic Warfare, AI-based Autonomous Systems, and Material Science. This partnership marks a significant milestone in Airfloa’s diversification into high-growth, high-value defence manufacturing, combining Airfloa’s engineering and production strength with BBBS’s cutting-edge defence technology and intellectual property.
The Joint Venture is structured with Airfloa holding a 51% stake as the strategic partner and BBBS holding 49% as the technology partner. The primary objective of this JV is to establish an exclusive manufacturing platform for BBBS’s under-development and future defence-tech programs within India. The manufacturing scope includes Electronic Warfare systems, including Directed Energy Weapons, AI-driven autonomous defence solutions, high-precision components, advanced materials and nanotechnology products, and defence-grade system integration and testing.
This strategic collaboration positions both companies at the forefront of India’s burgeoning defence manufacturing landscape. By leveraging BBBS’s indigenous technologies and Airfloa’s established production capabilities, the JV aims to accelerate the industrialisation of defence products, enhance export potential, and explore opportunities in high-growth areas such as UAVs, Electronic Warfare, and advanced materials. The partnership is expected to drive long-term growth, improve margins, and elevate Airfloa’s presence in the defence sector.
Mr. Manikandan Dakshnamoorthy, Joint Managing Director of Airfloa, commented on the development: “This Joint Venture represents an important step forward for Airfloa. By combining our established manufacturing strength with BBBS’s deep-tech IP, we are creating a world-class platform capable of delivering next-generation defence systems from India. The JV positions us well in a sector that offers high growth, strong value creation, and favourable policy tailwinds. We are confident that this partnership will expand our addressable market, deepen our technology, and drive long-term, sustainable growth for the Company. Alongside this, we continue to execute large, high-impact projects in fast-growing sectors such as railways, defence, and aerospace in India, where our diversification strategy further strengthens our long-term sustainability and growth resilience.”
Dr. R. Shivaraman, CTO & Co-Founder of Big Bang Boom Solutions, added: “We are delighted to partner with Airfloa in establishing this Joint Venture. Their proven engineering and manufacturing capabilities perfectly complement our deep-tech defence innovations. This collaboration enables us to industrialise our technologies at scale and accelerate deployment across India’s defence ecosystem. Together, we aim to build a strong innovation-to-production pipeline, expand our presence in high-potential global markets, and contribute meaningfully to India’s vision for advanced, self-reliant defence manufacturing.”
This Joint Venture underscores the growing trend of collaboration between traditional manufacturing firms and cutting-edge technology companies to meet the evolving demands of the defence sector. As India continues to invest in its defence capabilities and promote self-reliance, such partnerships are poised to play a crucial role in shaping the future of defence manufacturing in the country.