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Andhra Pradesh
Rs. 8,000-crore aerospace facility for Hyderabad
HYDERABAD: The Andhra Pradesh government’s plans to project Hyderabad as an aviation hub received a major boost with the Tata Advanced Systems Ltd (TASL) promising huge investments in the aerospace sector.
TASL has decided to set up its first facility in aerospace engineering at Adibhatla in Ranga Reddy district, where the government recently notified a 250-acre Special Economic Zone dealing with the aerospace and precision engineering industry. TASL sought a 50-acre plot exclusively for setting up a manufacturing facility with an investment of $ 2 billion (about Rs. 8,000 crore).
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