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Hyderabad, Oct 15: Following the government of India’s approval, the country’s first aerospace and precision engineering SEZ is taking shape in Andhra Pradesh at Adibhatla, near the Hyderabad international airport. The foundation stone for the SEZ was laid today by the Andhra Pradesh chief minister YS Rajasekara Reddy during the India Aviation 2008 meet.
To be spread across 351 acres, the Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) has identified the land. An advisory group is being formed to be chaired by eminent aerospace scientist K Harinarayana to oversee the project implementation. The focus areas of the SEZ include manufacturing of defence, aerospace and commercial aircraft components, testing and calibration labs, high precision metrological labs operation, a commercial MRO and flying training hub, design and development of satellite missiles apart from the common facilities. Apart from this, engineering services, an avionics systems repair and supply chain management is also facilitated.
The SEZ aims to have tailor-made benefits t o suit to particular investment requirement on case-to-case basis for mega projects with investments more than Rs 100 crore. As a first tenant, about 50 acres have been allotted to Tata Advance Systems Ltd. Besides, it has also allotted land to MTAR Technologies Pvt Ltd and few other manufacturers for making engine and structural components for aerospace and defence applications.
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