State set to become aerospace hub
Prestigious project: Chief Minister Y.S. Rajasekhara Reddy presenting
allotment letter to Ajit Bhavnani CEO and MD of Nova Integrated Systems
in Hyderabad on Thursday.
HYDERABAD: The government has received a big boost to its plans to
develop the State as an aerospace hub with the industry giving a
commitment to investing Rs.3,000 crore in the special economic zones on
promoting state-of-the-art manufacturing facilities.
Tata Advanced Systems Limited commenced work on its US $ 350 million
deal for manufacturing fuselages for Sikorsky S-92 helicopters at its
plant at Adi Bhatla on the city outskirts with Chief Minister Y.S.
Rajasekhara Reddy formally unveiling the plaque of the foundation stone
here on Thursday. Samuha, the aerospace manufacturers’ consortium which
promised investment of Rs.1,500 crore in the SEZ was handed over the
letter of allotment.
Integrated Systems, a joint venture of Tata group and Israel Aerospace
Industries, which committed an investment of US $ 50 million, was given
allotment letter, earmarking 120 acres within the SEZ and another 50
Another US-based chopper components manufacturing firm, Kaizen
Technologies which gave commitment to investing more than Rs.100 crore
in the manufacture of spares was allotted land at
Lepakshi Aerospace Park coming up in Anantapur district.
Chief Minister outlined various measures launched by his government to
see that the State which lagged behind in encouraging manufacturing
sector caught up with the rest.Explaining about the importance attached
to infrastructure development in the past five years, he said Rs.41,000
crore was spent on irrigation infrastructure alone while the government
planned to spend another Rs.1.35 lakh crore in the next five years.
“There are of course financial constraints, but we are trying
everything,” he said.
Major Industries Minister Kanna Lakshminarayana said the aerospace SEZ
was set to provide over 10,000 jobs in the next five years and the
multiservices park being developed by GMR group adjacent to the SEZ was
set to convert the State into a major destination for maintenance,
repair and overhaul operations.
CEO and managing director Lt. General (retd) Davinder Kumar said the
facility with most advanced technology would be commissioned before the
end of next year and it was the seed project around which the Tata
group planned to build its aerospace technology related capabilities.
State has 3 international airports!
HYDERABAD: People may believe that the State can boast of a single
green field international airport at Shamshabad, but the State, in
fact, has three international airports if Chief Minister Y.S.
Rajasekhara Reddy is to be believed. And, the Chief Minister has an
explanation to substantiate his claim of State housing three
international airports – the
and Chennai airports in addition to the one on the Hyderabad outskirts.
“Bangalore international airport is about 45-minute drive from the
Lepakshi Aerospace Park in Anantapur while the Chennai airport is about
the same distance from the Sri City SEZ coming up in Chittoor
district,” he said.
Given the traffic constraints witnessed in Chennai and
people were finding it convenient to drive down to Andhra Pradesh
rather than the two cities, Dr. Reddy reasoned. “This is why we call
the two airports our airports,” he said .