Project News Detail
| Project No : | 206430 |
|---|---|
| Project Title : | Foundation stone laid for ITP Aero’s Rs 453-cr aerospace manufacturing plant in Telangana |
| Company Name : | Private Company |
| Project Detail : | The Minister for IT and Industries, Duddilla Sridhar Babu, laid the foundation stone for the “ITP Aero – India” manufacturing facility at Hardware Park (Phase III) in Shamshabad, Rangareddy district, Telangana on 05 May, 2026. The project involves an investment of Rs 453 crore and is spread across 10 acres, marking a significant addition to India’s aerospace manufacturing ecosystem. The upcoming facility will focus on producing critical aerospace components such as end-fittings and brackets used in rigid tubes for aircraft engines. These high-precision parts are essential for modern aviation systems, highlighting the plant’s role in advanced manufacturing and global supply chains. The unit is expected to commence full-scale operations by 2027. The project is anticipated to generate employment for around 350 highly skilled professionals, particularly in precision engineering, advanced manufacturing, and quality control domains. Over time, the workforce is expected to expand to approx. 600 employees, contributing to local skill development and industrial growth. This investment strengthens Telangana’s position as an emerging aerospace and defence manufacturing hub, attracting global players and fostering high-value engineering capabilities in India’s industrial landscape. |
| Project Location : | Not Classified - Telangana - India |
| Project Estimation : | Refer Document |
| Status : | Announced |