Tuesday, December 29, 2015

Hyd emerging as global aerospace hub

From manufacturing cabins of the US President's helicopters to fuselages of the world's most advanced combat helicopter, it's all happening here in Hyderabad. After pharma and IT, the Telangana capital is emerging as a key hub in the aerospace and defence sectors, attracting some of the biggest names in the global industry.

With a strong presence of defence and research laboratories, public sector undertakings, its IT strength, premier academic institutions, infrastructure and several small and medium enterprises, the city offers the right eco-system for the sector. The announcement of Boeing and Tata Advanced Systems Limited (TASL) to establish a centre to manufacture aero structures for AH-64 Apache helicopters early this month came as yet another boost to Hyderabad, competing with Bengaluru which is considered a major hub of the sector on civil side.

Besides TASL, which already has four units in partnership with Sikorsky, Lockheed Martin, Pilatus and RUAG Aviation, some other players have also zeroed in on Hyderabad to locate their units. Bharat Forge plans to set up two major defence-related units in the city, one of them a joint venture with a global player, while Voith is shifting its base from Chennai.

The existing aerospace Special Economic Zone (SEZ) at Adibatla houses all TASL's units and some other players have set up operations in the adjacent location. With no space left for units, the authorities have already started identifying land for three more aerospace parks.
29/12/15 The Hans India
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