In three years, Raymond wants to treble aerospace revenue.

According to Group CFO Amit Agarwal, Raymond is increasing its market share in the $100 billion global aircraft component market with the goal of doubling its earnings from the industry in three years. The company's supply of engine-critical components and facility expansion are expected to create a 25–30% rise in aerospace revenue next year. "Aerospace presents a fantastic opportunity." There is a lot of room for expansion, as India only accounts for 1.5–2% of the (international) aerospace component industry, according to Agarwal, who also stated that Raymond wants to be a major player in this sector.