"Sargad plans to allocate ₹1,000 crore to establish a state-of-the-art MRO hub in Telangana."

Sargad, a US-based operator-led industrial and investment platform, plans to invest up to ₹1,000 crore in Telangana over the next three to five years, the company announced.

The investment plan was revealed following a meeting between Sargad founder and Chief Executive Officer Srinivas Thota and the ‘Telangana Rising’ delegation led by Chief Minister A. Revantha Reddy on the sidelines of the World Economic Forum 2026 in Davos.

Sargad has operations across aerospace, defence, automotive, and advanced manufacturing sectors, with a focus on long-cycle, certification-driven and export-oriented industrial businesses. As part of its expansion plans in the State, the company has expressed interest in setting up an aviation maintenance, repair and overhaul (MRO) facility in Telangana.