Hyderabad: ITP Aero India launched a new aerospace manufacturing project in Shamshabad after Minister D Sridhar Babu laid the foundation stone on Tuesday.
The company will build the facility at Hardware Park Phase-III in Ranga Reddy district. It will invest ₹453 crore to develop the unit across 10 acres.
The company will produce end-fittings and brackets used in rigid tubes for aircraft engines. These components play a key role in aerospace systems and demand high precision.
The plant will start full-scale operations by 2027. It will use advanced engineering methods to manufacture critical engine components.
ITP Aero India unit drives jobs and industrial growth
The project will create jobs for nearly 350 skilled professionals in the first phase. These roles will include precision engineering, quality control and production work.
The company plans to expand its workforce to around 600 employees as output increases. This growth will strengthen the local industrial ecosystem.
Officials and company representatives attended the groundbreaking event in Shamshabad. The project adds momentum to industrial activity in the Hardware Park corridor.
The state government promotes aerospace and high-technology investments in Hyderabad. As a result, such projects continue to attract global companies to Telangana.
Moreover, the new facility will support advanced manufacturing and create long-term employment. It will also help position the region as a hub for aerospace production.
The Hon’ble Minister for IT and Industries, @OffDSB , 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, Ranga Reddy district, with an investment of… pic.twitter.com/Mo3OiPNCba
— IPRDepartment (@IPRTelangana) May 5, 2026
