Hyderabad: Telangana government is proposing to set up three more aerospace and defence parks on the outskirts of the city here over the next four years with an investment of Rs 2,500 crore and will shortly come out with a sector-specific policy, a senior official said today.
"In the next four-year timeline, depending on the requirement, we are planning to have three more aerospace and defence parks around Hyderabad.
"The idea is to make Telangana a hub of aerospace and defence where all activities, including R&D, manufacturing, incubation, will be provided at one place," Arvind Kumar, the Telangana Industries and Commerce Secretary told reporters.
"We are hoping that in the coming years, Hyderabad becomes the aerospace and defence hub. So, whatever is the land and manpower requirement, we will be able to provide. As of now, we are envisaging three more aerospace and defence parks. If that is not sufficient, we will expand further in terms of area and in terms of numbers," he added.
27/11/15 PTI/Business Standard
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"In the next four-year timeline, depending on the requirement, we are planning to have three more aerospace and defence parks around Hyderabad.
"The idea is to make Telangana a hub of aerospace and defence where all activities, including R&D, manufacturing, incubation, will be provided at one place," Arvind Kumar, the Telangana Industries and Commerce Secretary told reporters.
"We are hoping that in the coming years, Hyderabad becomes the aerospace and defence hub. So, whatever is the land and manpower requirement, we will be able to provide. As of now, we are envisaging three more aerospace and defence parks. If that is not sufficient, we will expand further in terms of area and in terms of numbers," he added.
27/11/15 PTI/Business Standard
