Telangana to Unveil Aerospace and Defence Policy 2.0 to Attract Investments: Revanth Reddy
The policy aims to lift Telangana’s GDP share to 10% by 2047, with defence manufacturing and aerospace seen as key growth drivers.
- On Saturday, Telangana Chief Minister A Revanth Reddy announced the state government will soon unveil its 'Aerospace and Defence Policy 2.0,' aiming to attract defence investments and promote Hyderabad as a premier research destination.
- Highlighting the 'Telangana Rising: Vision 2047' document, Reddy noted the state contributes 5% to India's GDP and aims to increase its share to 10% by 2047 through defence manufacturing and aerospace industries.
- Participating in the 'Raksha Expo' curtain-raiser, the Chief Minister said the event serves as a premier platform to foster dialogue between global Original Equipment Manufacturers and Micro, Small, and Medium Enterprises .
- Reddy invited industry representatives to the 'Invest Telangana Global Summit' scheduled for December 7, 8 and 9 at Bharat Future City, featuring major entities including the Tata Group, Airbus, and Lockheed Martin.
- To support defence technology goals, the government highlighted skilled human resources from premier institutions like IITs and the ongoing construction of a Very Low Frequency naval radar station in Vikarabad.
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Telangana to unveil Aerospace and Defence Policy 2.0 to attract investments: Revanth Reddy
Reddy said Hyderabad holds a strategic position in India, citing the city's safety, research institutions and the presence of key strategic centres of the Indian Army and the Indian Air Force.
We aim to make largest zone for defence industry: Telangana CM
Hyderabad: Asserting that his dream is to see India emerge as a “defence superpower”, Telangana Chief Minister A Revanth Reddy on Saturday, October 24, said his government aims to make the state the largest industrial zone for the country’s defence industry. Speaking at a curtain raiser for “Raksha Expo” to be held as part of … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, Politics and Top Stories on WhatsApp …
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LatestlyTelangana govt to unveil Aerospace and Defence Policy 2.0 soon: CM Revanth Reddy
The Chief Minister invited investors to attend the ‘Invest Telangana Global Summit’, scheduled to be held from December 7 to 9 at Bharat Future City in Hyderabad. He said the first edition of the summit, held last year, was a great success.
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