Hyderabad, May 5 (RAHNUMA): Telangana is making a planned effort to position itself as a strategic partner for global aerospace companies and to evolve into a research and development (R&D) hub in the sector, Minister for IT and Industries Duddilla Sridhar Babu said.
He was speaking after laying the foundation stone for the ₹453-crore manufacturing facility of Spain-based ITP Aero – India at Hardware Park (Phase 3) in Shamshabad, Rangareddy district on Tuesday.
The facility, to be set up on 10 acres, will manufacture critical components for aircraft engines. Commercial operations are expected to commence next year.
Sridhar Babu said the State government is preparing a comprehensive roadmap to move beyond component manufacturing and build a stronger aerospace ecosystem.
He said Telangana is among the fastest-growing aerospace and defence hubs, and attributed this to its industrial ecosystem, noting that the State has received the Centre’s ‘Best State for Aerospace’ award for five consecutive years.
Several global aerospace and defence companies, including Boeing, GE Aviation, Safran, Lockheed Martin, and the Tata Group, have a presence in the State, he said, adding that the entry of ITP Aero would further expand the global reach of “Made in Telangana” products.
The Minister said the State is also focusing on next-generation technologies such as drone technology and satellite communications, with emphasis on infrastructure development, innovation, R&D, and building an industry-ready workforce. He said efforts are being made to position Telangana as a global leader in these emerging areas.
The facility is expected to generate employment for around 350 highly skilled professionals initially in areas such as precision engineering, advanced manufacturing, and quality control, with the workforce projected to increase to about 600 in the coming years.
Senior executives of ITP Aero, including CEO Eva Azoulay, MD Carlos Alzola, Vice-President (Operations) Valantis Gorono, and ITP Aero India MD Sandeep Sharma, were present.
