Industries and IT Secretary Jayesh Ranjan inaugurated the facility of Hyderabad-based Skanda Aerospace Technology. Photo: Special Arrangement
Hyderabad-based Skanda Aerospace Technology has established an aerospace gear and gear containers manufacturing facility right here for catering to the defence and business aviation sectors.
The firm, which is a collaborative effort of Hyderabad-based aerospace and defence part maker Raghu Vamsi Machine Tools and U.S. agency Rave Gears, has invested ₹75 crore on the primary section and plans to take a position an extra ₹150 crore over subsequent two-three years.
Industries and IT Secretary Jayesh Ranjan and Director of Aerospace and Defence of Telangana authorities P.A. Praveen participated in the inauguration of the facility, which the corporate mentioned is the primary of its variety in the nation devoted to crafting aerospace-standard gears. Rave Gears, which is a designer, producer and system integrator of gears and precision drive trains catering to aerospace, defence, automotive and industrial prospects globally, has dedicated to offer $9 million annual orders, Skanda Aerospace mentioned in a launch on Tuesday.
The variety of staff on the new facility is projected to extend from the prevailing 150 to 1,000 over subsequent three years.
“Skanda’s inauguration marks a significant step toward reinforcing India’s aerospace and defence capabilities. The facility holds the promise of playing a pivotal role in shaping the future of aerospace manufacturing, both within India and on the global stage,” Raghu Vamsi, managing director, Vamsi Vikas, mentioned.
The focus can be excessive precision CNC and complicated aerospace gear manufacturing. The new facility is supplied with world-class gear grinding machines, the corporate mentioned.
Mr. Ranjan mentioned “Skanda’s innovative approach to aerospace gear manufacturing aligns with India’s aspirations in the defence and aviation sectors. We eagerly anticipate witnessing the positive impact of this facility on both local and global aerospace industries.”
This facility is poised to play an instrumental function in shaping the way forward for aerospace manufacturing in the area, Mr. Praveen mentioned in the discharge.