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GMR plans Aerospace and Defence hub in Tamil Nadu

IANS  |  Mumbai 

Infrastructure is setting up an 'Aerospace & Hub' at the Special Investment Region (GKSIR) in Hosur, Tamil Nadu, an said here on Wednesday.

The company said the aim was to accelerate indigenisation of since - among the world's top five defence spenders - still satisfies 60 per cent of all its requirements through imports.

Terming the proposed hub as an ideal location for defence sector related production, it said defence PSUs like Hindustan Aeronautics Ltd, Bharat Electronics Ltd, and and Development Organisation were located 50-60 km from

The project, a joint venture between and Industrial Development Corp, will come up on 600 acres of land already made available for immediate occupation, said the Group's - Transportation & Urban Infrastructure B.V.N. Rao.

The hub also has the advantage of the established ecosystem of Hosur, 700-plus MSMEs engaged in precision engineering in the region besides proximity to Bengaluru which would ensure ready access to skilled manpower.

"This hub can potentially be a game-changer for the region. We will provide all necessary infrastructure facilities to attract global majors to set up their here," Rao said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 19:36 IST