# Skanda Aerospace Tech to invest ₹250 crore in Hyderabad manufacturing facility

Skanda Aerospace Technology Private Ltd (SATPL) will invest ₹250 crore to set up a manufacturing facility in Adibatla, Hyderabad. Production is expected to commence in January 2023, and the facility will employ about 1,000 people in 3-5 years.

- Type: New facility
- Announced: 2022-05-12
- Where: Adibatla, Hyderabad, India
- Value: $33.0M (2.50B INR)
- Jobs: 1,000
- Starts operating: Jan 2023
- Status: announced
- Products: helicopter gears, gear boxes
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Skanda Aerospace Technology Private Ltd](https://endata.com/companies/62842.md)
- [Rave Gears](https://endata.com/companies/31262.md) (partner)
- [Raghu Vamsi Machine Tools](https://endata.com/companies/44102.md) (partner)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/skanda-aerospace-tech-to-invest-250-cr-in-manufacturing-facility/article65407571.ece), 2022-05-12: "The facility will become the first private company having capability to manufacture helicopter gears and gear boxes in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.