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Telangana Unveils 5-Year Rs 1 Lakh Crore Aerospace Investment Target

Following a minister-led industry meeting, the plan calls for a dedicated MSME park with a task force to speed approvals.

Overview

  • The government set employment goals of 100,000 direct jobs and 150,000 indirect jobs tied to the aerospace expansion.
  • Industries Minister D. Sridhar Babu chaired a special session at the Telangana Secretariat with aerospace representatives and sought stakeholder suggestions.
  • A special task force comprising officials, industry leaders and experts will drive industrial growth and resolve bottlenecks.
  • Officials outlined plans for a Phase-2 aerospace and defence cluster, a green aviation hub, and skill development through partnerships with ITIs and polytechnics.
  • Coverage is based on a PTI press release, and the announcement did not name investors or specify funding and implementation timelines.