Aerospace SEZ in Ibrahimpatnam – Begumpet for airshows ఆగస్ట్ 2, 2008Posted by M Bharath Bhushan in Hyderabad, Rangareddy, SEZ, Telangana.
8,000-cr. aerospace facility for Hyderabad
First major investment by Tata group in the aerospace sector in State
HYDERABAD: The Government’s plans to project the city as an aviation hub received a major boost with the Tata Advanced Systems Ltd (TASL), promising huge investments in the aerospace sector.
The Tata group company has decided to set up its first facility in aerospace engineering at Adibhatla in Ibrahimpatnam mandal, in Ranga Reddy district, where the Government recently notified a 250-acre Special Economic Zone dealing with the aerospace and precision engineering industry. TASL, which has tie-ups with aircraft majors like Boeing, sought a 50-acre plot exclusively for setting up a manufacturing facility with an investment of US $ 2 billion (about Rs. 8,000 crore).
This is the first major investment by the Tata group in the aerospace sector in the State. Works are likely to start immediately after the gazette notification of SEZ is issued by the first week of August. TASL will be the anchor client of SEZ. It will collaborate with other companies, which have tie-ups with the defence establishment.
According to Industries Department officials, the Tata group selected Hyderabad for setting up its facility as an SEZ as it was already notified and land was readily available. It had a bitter experience in Singur (West Bengal) and chose Hyderabad where the process for setting up the facility was hassle-free, they said.
The group is in active collaboration with DLRL, DRDL and BHEL. It can leverage the collaboration further with the new facility. Opening of the defence establishment for private collaboration and the offset clause mandates procurement of at least 30 per cent of products from local/domestic industries.
B. Sam Bob, Principal Secretary, Industries, told The Hindu that TASL, AP Industrial Infrastructure Corporation and Samoha, a cluster of industries like MTAR Technologies, Zetatek Industries Ltd and other aerospace companies, would be co-developers of the SEZ.
Source: The Hindu 16 July 2008 http://www.hindu.com/2008/07/16/stories/2008071650290100.htm
Nod to airshows at Begumpet airport
HYDERABAD: The Centre has in principle agreed to chief minister Y S Rajasekhara Reddy’s proposal to utilise the Begumpet airport for activities like general aviation services and national and international air shows.
The airport was closed for civil aviation on March 23 this year after the Rajiv Gandhi International Airport at Shamshabad became operational.
Interacting with officials on the overall development of the aviation sector from New Delhi, the chief minister said Hyderabad would become India’s aviation hub with an international airport, an aerospace & precision engineering SEZ (a first of its kind in the country) coming up near the new airport and Begumpet airport becoming a centre for general aviation services and air shows. He wanted Hyderabad to be marketed as one of Asia’s best aviation destinations and transit hub between Europe and China.
Reddy had recently written to Union minister for civil aviation Praful Patel suggesting that the Begumpet airport be used during any national emergency or at any time by the Indian Air Force and other armed forces. It could also be used for general aviation services (other than those relating to commercial aircraft, charter flights, and aircraft hired or operated under commercial arrangements). He had also suggested that the airport could also be used for hosting air shows.
The chief minister’s office (CMO) in a press release said that some aerospace industries in Hyderabad had come together and formed Samuha Engineering Industries Limited to promote an aerospace and precision engineering SEZ in the city.
The Centre has already granted permission for a 350-acre aerospace SEZ at Aditya Nagar, Adhibatla village in Ibrahimpatnam mandal of Rangareddy district. Samuha and the APIIC have entered into an MoU to promote the SEZ, which is likely to provide 10,000 jobs.
Official sources said that Tatas would set up a unit to manufacture aerospace and precision engineering systems in the SEZ. Other companies that are partnering with the SPV are MTAR Technologies Pvt Ltd, Zetatek Industries, Anant Industries, SEC Industries, VEM Technologies and SKM Technologies
source: Times of India July 23 2008