IJRSS Volume 6, Issue 2 ISSN: 2249-2496 _________________________________________________________ A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories Indexed & Listed at: Ulrich's Periodicals Directory ©, U.S.A., Open J-Gage, India as well as in Cabell’s Directories of Publishing Opportunities, U.S.A. International Journal of Research in Social Sciences http://www.ijmra.us 405 February 2016 Technology Application and Growth Strategies for Sustainable Supply Chain Contemplation through Strategic Outsourcing in Indian Aircraft Industry Dr. M Varaprasada Rao * Dr.Vidhu K P ** MSRK Chaitanya *** Abstract India is fast becoming a major global aerospace market, supported by a combination of increasing defence expenditure budgets, a booming commercial aviation market, and rising technological and manufacturing capabilities among local companies with Government of India projecting around 500 brown-field and green-field airports by 2020. India has an inherent edge over several other nations because of higher skills and lower costs of production. By means of the collaborative supply chains with the aim of vendor satisfaction and monitoring from close corners in all the echelons of supply chains, Indian Aircraft Industries (IAI) is expecting to utilize all the opportunities to nurture in the direction of growth with present governments support of ‘Make in India’, combating all the problems with the use of new technology. The lessons learnt from world major’s in Aviation Industry are helpful for IAI towards sustained growth with right inclusion of Original Equipment Manufacturers (OEMs) and other suppliers in their Supply Chain Management network with Strategic Outsourcing at its zenith. Information Technology use in the Supply Chain Echelons’ to the maximum extent would be a great idea in reducing the costs, reducing the supply lead-times and using the systems for faster location, identification and transportation. Computing Everywhere, Treat the Issue, Not the Symptom, Smart Machines, Cloud/client Computing, and Risk-Based Security & Self-Protection are such technology initiatives, which were detailed in this paper. Keywords: Growth prospects of Indian Aircraft Industries, collaborative supply chain performance and structuring, Original Equipment manufacturers, Strategic Outsourcing, Computing Everywhere, Smart Machines, Cloud/client computing, and Risk-Based Security. * Professor & Dean, GIET, Rajahmundry. Andhra Pradesh 533296 India. ** Associate Professor and HOD, Vignan University, Vadlamudi, Guntur *** Asst. Systems Engineer, TCS Siruseri, Chennai