aerospace investments ap 06032016

The government of Andhra Pradesh, has, in the last two years bagged some of the big ticket investments in the aerospace and defence sectors. It aims to attract investments worth ₹20,000 crore and create 5,000 jobs in the sector by 2020.

Major clusters and parks:

  1. Aerospace and Defence Park (on PPP basis) in Anantapur and Chittoor/Nellore districts.
  2. World-class Maintenance, Repair and Overhaul (MRO) facility as a part of proposed Bhogapuram Aerotropolis near Visakhapatnam.
  3. Air Cargo complex near Visakhapatnam
  4. Aerospace and Defence industrial park in Palasamudram, Anantapur.

Existing projects:

  1. DRDO
  2. GMR

Upcoming projects in the state:

  1. Essel Infra
  2. Vittal Innovation City
  3. Menzies Aviation
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Investments Brought to Aerospace and Defence Sector to Andhra Pradesh in Two Years Last Updated: 03 June 2016

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