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TVS Supply Chain shares rallies 6% after MoU with Italy’s ALA to tap $28 billion aerospace marketTVS Supply Chain Solutions surged 6% after the company signed an MoU with Italy-based ALA Group to enter India’s $28 billion aerospace and defence market, expanding global supply chain services.By Gareema Bangad  February 17, 2026, 10:51:03 AM IST (Updated)3 Min ReadShares of TVS Supply Chain Solutions Limited gained as much as 6% on Tuesday, February 17, after the company signed a Memorandum of Understanding (MoU) with Italy-based ALA Group a day earlier to enter India’s estimated $28 billion aerospace and defence supply chain market.

The collaboration aims to jointly pursue opportunities across India’s rapidly expanding aerospace and defence sectors, with an initial focus on defence offset programmes. The companies said the partnership may later evaluate opportunities in other geographies.

Under the MoU, the two firms will provide integrated supply chain services across both production and aftermarket lifecycles for aerospace and defence programmes. These services will span production support, spare parts distribution, inventory optimisation, defence-grade logistics solutions, logistics engineering, and MRO (maintenance, repair and overhaul) support.

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TVS SCS said it will leverage its long-standing defence and utilities supply chain experience in the United Kingdom, along with its domestic presence in India. The company currently generates around $140 million in annual revenue from aerospace, defence and utilities operations, largely anchored in UK defence and utility programmes.

R. Dinesh, Executive Chairman of TVS Supply Chain Solutions, said the collaboration aligns with the company’s long-term strategy of building globally relevant capabilities in complex and regulated sectors.

ALA Group, which reported $345 million in revenue in 2024, will bring its global aerospace and defence expertise, technology platforms and relationships with international OEMs and operators across Europe, the US and the UK. The partnership is aimed at building a compliant and scalable supply chain platform for aerospace and defence stakeholders in India.

TVS SCS operates in 25 countries with over 17,000 employees and serves 91 Fortune Global 500 customers. The company has deep experience in defence logistics in the UK, managing around 250,000 NATO Stock Numbers (NSNs) and fulfilling approximately 2.5 million defence demands annually through a global supplier base of over 5,000 vendors.

ALA Group, headquartered in Italy, supports aerospace and defence programmes across air, land and naval platforms, managing over 2,00,000 SKUs through a network of more than 1,500 suppliers worldwide.

While TVS Supply Chain Solutions announced the partnership after markets closed on Monday, shares of the company rose as much as 6% on Tuesday in reaction to the development, reaching an intraday high of ₹133.90.

However, the stock has since pared some of its gains and is trading 3.31% up at ₹129.55 as of 10.31 am. It has gained 29.24% in the past month, but is still trdaing 11.87% below its 52-week high of ₹147 apiece.Continue ReadingFirst Published: Feb 17, 2026 10:50 AM ISTTagsAerospace and Defensedefenceshare market todayTVS Group