Zomato Founder Deepinder Goyal Unveils LAT Aerospace to Build Indian Jet Engines

Zomato and Blinkit founder Deepinder Goyal has taken a significant leap into aerospace with the launch of LAT Aerospace. His aim is to develop gas turbine engines fully designed and manufactured in India, targeting applications like UAVs and STOL aircraft.

LAT Aerospace to Develop Indigenous Jet Engines

Deepinder Goyal announced LAT Aerospace’s bold mission to design lightweight, flight-ready gas turbine engines from scratch. These engines will be 100% developed in India, breaking away from past attempts that struggled to reach completion. Located in Bengaluru, the facility will focus on rapid iteration, experimental design and hands-on engineering.

Engineer-Led R&D Centre in Bengaluru

Unlike traditional setups, LAT’s research centre is structured around giving engineers autonomy. The facility will include advanced labs for turbomachinery, thermal systems, combustion and materials. Engineers will work without bureaucratic delays and have direct control over the entire development cycle from design to testing.

Read More: Eternal (Zomato) Projects 20% Growth in Food Delivery Business!

Applications and Vision for India’s Aerospace

LAT Aerospace plans to provide propulsion solutions for STOL aircraft, UAVs and remote operations in underserved regions. This could drastically boost India's self-reliance in high-tech aerospace manufacturing. The approach taken combines agility, autonomy and deep technological focus meant to challenge global aero-engine norms.

Call for Engineering Talent

Goyal also extended an open invitation to turbine and aerospace engineers to join this ambitious effort. He highlighted skills in rotors, combustion and control systems as critical to LAT’s success. The project aims to cultivate innovation and rewrite India's role in global aerospace engineering.

Eternal Share Price Performance

On August 1, 2025, Eternal share price opened at ₹309.80 on NSE, above the previous close of ₹307.80. During the day, it surged to ₹310.45 and dipped to ₹307.00. The stock is trading at ₹307.70 as of 9:52 AM. The stock registered a marginal down by 0.03%.

Over the past week, it has moved up by 0.13%, over the past month, it has moved up by 17.71%, and over the past 3 months, it has moved up by 31.33%.

Conclusion

With LAT Aerospace, Deepinder Goyal expands his footprint beyond tech logistics into a domain vital for national self-reliance. The company’s focused R&D, engineer-led model and mission to produce truly indigenous propulsion systems mark a new chapter for India’s aerospace sector.

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