Sridhar Babu invites US investment in Telangana’s aerospace, defence and space sectors
Industries Minister D Sridhar Babu said Telangana is emerging as a major hub for aerospace, defence and space sectors, with strong growth and exports. He invited US collaboration in technology, research and manufacturing during a meeting with a US delegation.
Hyderabad: Industries Minister D Sridhar Babu said Telangana had emerged as a promising destination for investment in the aerospace, defence and space sectors, with the State recording over 30 percent annual growth and a 103 percent compound annual growth rate in exports between 2024 and 2026.
The Minister held a meeting with a delegation from the US National War College here on Thursday.
“From rocket manufacturing to next-generation drones, and from fighter aircraft components to satellites, the ‘Made in Telangana’ footprint is increasingly visible across the world,” Sridhar Babu said.
He said the sector’s rapid growth was being driven by the presence of major global companies such as Lockheed Martin, Boeing, Safran, Airbus and Dassault Aviation. More than 1,500 MSMEs engaged in precision engineering, drones and defence electronics are contributing to the State’s growing prominence in the sector, he stated.
The Minister said Telangana was ready to emerge not only as an investment destination, but also as a long-term strategic partner for the United States in technology, research, manufacturing and skill development.
He invited collaboration with US companies, universities and research institutions in artificial intelligence, cyber security, advanced manufacturing and space technology.
