ITP Aero breaks ground for Rs 453 crore aerospace components facility in Hyderabad

Aerospace components maker ITP Aero is investing Rs 453 crore to establish a new manufacturing facility in Hyderabad, Telangana. The plant, set to be operational by 2027, will produce commercial aviation engine components and create 350 skilled jobs initially. This expansion reinforces Telangana's position as a growing aerospace and defense hub.