Published On:January 19 2011
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Tata Group plans to set up aerospace unit in Hyderabad
Hyderabad: Nova Integrated System, Tata Aero-structure Limited and Tata Aerospace Systems Limited, the three new joint venture companies formed by the Tata Group is planning to set up three more units as a part of its aerospace manufacturing initiative in Hyderabad with an investment of Rs 1,000 crore.
Tata Group, would be engaged in making radar and electronic equipment for the defence sector, assembling of aircraft equipment and manufacturing of aircraft parts respectively.
The Government has assured all support including speedy allotment of 125 acres of land near the Aerospace SEZ on the city outskirts.