Addl 1,000 Acres Earmarked for Aerospace SEZ Expansion.

The aerospace sector is likely to a get a fillip with the Telangana government gearing up to unveil its first aerospace policy shortly.

The state, which boasts of the country’s first Aerospace and Precision Engineering SEZ at Adibatla in Ranga Reddy district, had also announced plans to set up two more similar aerospace parks to accommodate prospective companies.

Over the past three years, the aerospace SEZ had attracted investments to the tune of around Rs. 3,000 crore.

Sensing the potential, the government has identified another 1,000 acres in order to help expand the aerospace industry within the state, industries minister Jupally Krishna Rao said.

Currently, several homegrown and multi-national companies like Zen Technologies, Tata Advanced Systems Ltd (TASL), Mahindra & Mahindra, Sikorsky, Pratt & Whitney and Lockheed Martin have operations at the Aerospace SEZ.

'The helicopter cabin to be used by President Obama too will be made in Hyderabad. We will consider options of making cabins in Hyderabad for another helicopter model only if we manage to bag the deal from the Indian Navy,' said Goldie Srivastava, spokesperson, UTC, parent company of Sikorsky.

Currently, the aerospace SEZ is spread across 350 acres of which only 250 acres has been notified as SEZ.



THE NEW INDIAN EXPRESS