India, Feb. 16 -- TVS Supply Chain Solutions, a leading global supply chain solutions provider and one of India's largest and fastest-growing integrated supply chain companies, today announced the signing of a Memorandum of Understanding (MoU) with ALA Group, an Italy-based global aerospace and defence supply-chain integrator, to collaborate on opportunities in India's rapidly expanding aerospace and defence sectors.

The Aerospace and Defence market in India, estimated at approximately $28 billion, are among the most dynamic and profitable segments within industrial supply chains, driven by sustained demand for complex, regulated, and mission-critical logistics and procurement services.

The MoU establishes a strategic framework for the ...