Akkaraju Venkata Suman, Founder & CEO, Siri Aviations
Pvt. Ltd.
Hi, I am Akkaraju Venkata Suman, founder and CEO of Siri Aviations Pvt. Ltd.
Siri Aviations Private Limited is into Aviation Defense & Aerospace, Pioneer of Cloud Seeding and Anti-Hail Cannon, and also executes projects in Weather Radars.
As the CEO, I am skilled in business planning, operations management, and strong business development in defense projects, rechargeable batteries, and e-vehicles. I am also a pilot with a CPL license from Pelican Airways in Hollywood, FL.
I have been the driving force for many people and organizations in global value chain markets, and I was one of the first to execute cloud seeding projects in many states in India.
I was the managing partner of Siri Global Aviation, Hyderabad, from September 2008 to July 2015. Anti-Hail Guns have been set up at Kathasu in Jubbal Tehsil, Devrighat in Sub-Tehsil Tikkar, and Badyonghat in Kotkhai in Shimla district. A weather radar has also been installed in Kharapathar.
AHGs and radar systems had been set up
by me in association with Newton System International, USA, through Siri Global
Aviation Consultants, Hyderabad.
Could you tell us about your venture,
Siri Aviations Pvt. Ltd., and its services?
As a company at the forefront of modern aviation, Siri Aviations is redefining the cornerstone of excellence in aviation maintenance, repair, and overhaul (MRO) services and private charter services.
With a commitment to excellence, safety, and innovation, Siri Aviations offers a range of services that cater to both commercial and private aviation needs. Their cutting-edge technology ensures a seamless, comfortable, and efficient experience. From executive jet charters to comprehensive aircraft management, Siri Aviations stands out for its commitment to excellence and innovation in the aviation maintenance field. Whether it’s routine maintenance, complex repairs, or comprehensive overhauls, Siri Aviations delivers with precision and efficiency.
What truly distinguishes Siri Aviations is its holistic approach to aircraft care. Leverage of cutting-edge technology and incorporation of industry best practices ensure every aircraft receives the highest level of attention and expertise.
In a dynamic industry where safety and
reliability are paramount, Siri Aviations provides the peace of mind that comes
from knowing your aircraft is in the best possible hands. Our commitment to
innovation, customer-focused service, and operational excellence makes us a
trusted partner for airlines, operators, and private owners alike.
What motivated you to start a venture
in the aviation and aerospace sectors?
Primarily by the rapid growth and opportunities in the sector, but influenced by the present defense requirements and the availability of a skilled workforce. Technological advancements create collaborative opportunities.
India’s strategic rapid growth in the
sector and location in South Asia make it a pivotal player in regional aviation
and aerospace activities.
How has your leadership style
contributed to the success of Siri Aviations Pvt. Ltd.?
I was instrumental in the planning and
execution of many government projects, as mentioned earlier.
Could you share with us your
professional journey, highlighting key milestones and achievements?
- Founder & CEO: Siri Aviations Pvt. Ltd., Hyderabad (May, 2015– Present)
- Managing Partner, Siri Global Aviation, Hyderabad (September, 2008–July, 2015)
Could you elaborate on your areas of
expertise and how they have contributed to your success?
Main clarity on my vision and the
strategy to achieve it. A clear strategic vision for the long-term goals of the
company. Knowledge of the aerospace industry, financial management, and risk
management capabilities and the ability to ethically incorporate advancements
in emerging technologies and innovations.
What advice would you offer to young
entrepreneurs aspiring to start a business in the aviation industry?
Starting a venture in the aviation
industry requires careful planning and a strategic approach, but with
dedication and the right mindset, it can be a rewarding endeavor. The following
planning approach may be advisable for young entrepreneurs, in my opinion:
- Understand the industry: One should gain a deep understanding of the aviation industry first.
- Focus on Niche Areas: The aviation industry is vast, so consider focusing on niche areas where you can leverage your expertise and address specific needs. This could include maintenance, repair, and overhaul (MRO) services, aviation technology, logistics, or airport operations.
- Build strong networks: Networking is crucial in the aviation industry. One should connect with industry professionals, attend conferences, join aviation associations, and engage with potential clients and partners to build valuable relationships.
- Stay compliant with regulations: Familiarity and compliance with all the relevant regulations and certifications are mandatory. Always prioritize safety and quality.
- Leverage technology: The ability to embrace technological advancements that can improve efficiency, safety, and customer experience and understand the financial landscape: one should develop a solid financial plan to ensure the resources needed to sustain and grow business.
- The ability to innovate and adapt: The industry is constantly evolving. Stay adaptable and open to innovation to stay competitive.
- Seek mentorship: Find mentors who have experience in the aviation industry. Their insights and guidance can be invaluable in navigating the challenges and opportunities of the sector.
- Focus on customer needs, and finally, be prepared for long sales cycles. The aviation industry often has long sales cycles due to the complexity of transactions and procurement processes.
- Persistence and patience are the keys.
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