Hyderabad: An aerospace park is being planned near the upcoming international airport at Shamshabad. The proposal was mooted recently by aerospace companies and the Aeronautical Society of India (AeSI) during a meeting with chief minister Y S Rajasekhara Reddy.
"The chief minister responded positively and the aerospace park may soon become a reality," chief controller (R&D) of the Defence Research and Development Organisation (DRDO) V K Saraswat said here on Sunday.
The park would require about 400 to 500 acres and house at least 40 to 50 aerospace companies. It would manufacture spare parts and also provide logistic support to airlines.
The park could be built on a public-private partnership basis and would require investments close to Rs 30,000 crore, Saraswat said.
19/06/06 Times of India
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Monday, June 19, 2006
Hyderabad may get an aerospace park
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