Raghu Vamsi Aerospace to create 1,200 jobs with major expansion: Sridhar Babu

HomeNationBusiness

Raghu Vamsi Aerospace to create 1,200 jobs with major expansion: Sridhar Babu

Raghu Vamsi Aerospace has established itself as a key supplier of critical components for engines powering renowned aircraft like the Airbus A320 and Boeing 737 MAX. The company also partners with global aerospace giants such as GE Aerospace, Rolls-Royce, Pratt & Whitney, Safran, and Honeywell, supplying precision-engineered components essential for aviation innovation

Stocks To Watch and Buy
Rhineland scouts for business partnerships in Telangana
Rekha Jhunjhunwala loses Rs 800 cr overnight
Akshaya Tritiya: Price rise fails to deter auspicious gold buying
Big fat Indian wedding of the decade

Raghu Vamsi Aerospace to create 1,200 jobs with major expansion: Sridhar Babu

Hyderabad: Raghu Vamsi Aerospace, a trailblazer in manufacturing critical aircraft engine components and defense products, has announced an ambitious expansion plan in Telangana.

Minister for IT and Industries Duddilla Sridhar Babu laid the foundation stone for the company’s new manufacturing facility at Shamshabad Aerospace Park on Thursday.

The upcoming facility, with an investment of Rs.300 crore, will span 200,000 square feet and is expected to generate 1,200 direct jobs over the next three years.

Speaking on the occasion, Sridhar Babu highlighted that this advanced facility will fulfill Rs.2,000 crore worth of existing orders, further elevating Telangana’s stature as a global aerospace and defense hub.

Raghu Vamsi Aerospace has established itself as a key supplier of critical components for engines powering renowned aircraft like the Airbus A320 and Boeing 737 MAX. The company also partners with global aerospace giants such as GE Aerospace, Rolls-Royce, Pratt & Whitney, Safran, and Honeywell, supplying precision-engineered components essential for aviation innovation.

Tracing the company’s growth, Minister Sridhar Babu lauded Raghu Vamsi’s remarkable journey from its humble beginnings as an MSME in 2002 to becoming a global manufacturer of vital aviation parts, including fuel pumps and landing gear systems.

He noted that the company has been instrumental in strengthening Telangana’s aerospace industry, a cornerstone of India’s defense manufacturing ecosystem.

In addition to serving top-tier international clients, Raghu Vamsi also supports India’s strategic organisations, including DRDO, ISRO, Hindustan Aeronautics Limited (HAL), and Bharat Dynamics Limited (BDL). Beyond aerospace, the company contributes to sectors like oil and gas and healthcare, showcasing its diversified manufacturing capabilities.

Sridhar Babu commended the thriving ecosystem of the Hyderabad Aerospace SEZ, which hosts leading companies like Tata, Bharat Forge, and Adani, engaged in producing aviation, defense, and space vehicles. He emphasised that over 1,500 MSMEs in the region play a pivotal role in supporting this ecosystem, providing employment to thousands of skilled workers.

Reaffirming the Telangana government’s commitment to fostering industrial growth, the Minister announced incentives under the newly launched MSME policy, encouraging the establishment of industries in Tier-2 and Tier-3 towns.

The foundation-laying ceremony was graced by dinitaries including Raghu Vamsi Aerospace Director Vamsi Vikas, DRDO Missiles and Strategic Systems Director Rajababu, CII Chairman Dr. Sai Prasad, TGIIC MD Dr. E. Vishnu Vardhan Reddy, Telangana Aerospace and Defense Director P.A. Praveen and TGIIC CEO Madhusudan.

COMMENTS

WORDPRESS: 0