The Raghu Vamsi Aerospace Group has laid the foundation stone for its new state-of-the-art facility in Hyderabad.

The company has committed an investment of Rs. 300 Crore to build State-of-the-Art Facility near International Airport, which will feature dedicated manufacturing bays for 15 Original Equipment Manufacturers (OEMs).

The groundbreaking ceremony for this cutting-edge facility held with D. Sridhar Babu, Minister of IT, Electronics, Communications, Industries & Commerce, Govt. of Telangana, presiding over the event, alongside Dr. E. Vishnu Vardhan Reddy, VC & MD of TSIIC, and Praveen PA, Director of Aerospace & Defence, Telangana.

"We are excited to mark this significant milestone in our journey. This state-of-the-art facility is set to reinforce the Raghu Vamsi Group's commitment to excellence, sustainability, and innovation in the manufacturing sector, with this investment, we aim to not only enhance our manufacturing and R & D capabilities. Presently we have 800 employs and will add 1200 people more over the next three years and contribute to the economic growth of Telangana," said Vamsi Vikas, Managing Director, Raghu Vamsi Group.