Sridhar Babu Lays Foundation for Rs.453 Cr ITP Aero Facility
The plant is being established at the Hardware Park (Phase–III) in Shamshabad in Rangareddy district, with an investment of Rs.453 crore, spread across 10 acres
Hyderabad: Minister for IT and Industries, Duddilla Sridhar Babu, on Tuesday performed the groundbreaking ceremony for the “ITP Aero – India” manufacturing facility. The plant is being established at the Hardware Park (Phase–III) in Shamshabad in Rangareddy district, with an investment of Rs.453 crore, spread across 10 acres.
"ITP Aero – India" will manufacture critical components such as end-fittings and brackets required for rigid tubes used in aircraft engines. The plant, for which the foundation ceremony has now been completed, is expected to commence full-scale operations by 2027.
This project is set to generate employment for approximately 350 highly skilled professionals in areas such as precision engineering, advanced manufacturing, and quality control. The workforce is projected to expand to around 600 employees in the coming years.
