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In today’s industrial requirement, good wear resistant materials with the same or better mechanical properties are the need of the hour. In the present paper, an actuator that is used to lift the load is under study. It uses a linear actuation mechanism involving a screw-like motion to lift the loads. It employs a stainless steel of high quality. Since there are various types of wearing involved in the system, choice of the materials becomes the prime factor for determining the maintenance cost and the cycle life of the actuator. There are many research advances made in this field which provides us with the best type of material for its particular type of job. The present paper discusses the materials that could be substituted in place of the existing material choice i.e., in place of AMS5659 and aluminium-bronze. The two materials stated above are known for its superior wear handling and excellent mechanical properties.

Offset policy has been one of the policy instruments adopted by the Government of India (GoI) in order to promote local manufacture. Offset policy is believed to promote indigenous manufacture of high end products and to facilitate creation of jobs. This paper probes the impact of offset policy on the Indian aerospace industry in the backdrop of extant literature. It draws parallels with similar policies in many other countries and provides useful perspectives about the efficacy and future scope of the policy.

Indian aerospace industry is on the threshold of a whopping growth, provided the policy makers and the indigenous industry rise up to the challenge. This paper takes stock of the current scenario of the industry in India and carries out SWOT analysis to bring out the major challenges and future prospects for the Indian aerospace industry. The major deciding factors appear to be encouragement of more FDI in the sector, policy reforms, and increased support to SMEs in terms of better access to finance and technology transfer, and huge investment for improving infrastructure to ease pressure on the supply chain.