Skanda Aerospace to build helicopter gear plant in Hyderabad

Skanda Aerospace Technology, a JV between Raghu Vamsi Machine Tools and Rave Gears, will invest Rs 250 crore to set up a manufacturing facility for helicopter gears and gearboxes in Hyderabad. Production is expected to start by January 2023, creating 1,000 jobs over 3-5 years.

“Skanda Aerospace Technology Pvt Ltd (SATPL), a joint venture between Hyderabad-based Raghu Vamsi Machine Tools and US-based Rave Gears, is gearing up to invest Rs 250 crore in what is touted as India’s first private player to set up manufacturing facility for helicopter gears and gear boxes in Hyder”timesofindia.indiatimes.com

• 2 sources
• timesofindia.indiatimes.comSkanda: Rave-rvmt Jv To Make Chopper Gears | Hyderabad News - Times of IndiaTNNMay 12, 2022
• thehansindia.comSkanda Aerospace to set up unit in Hyd with Rs. 250 crBizzBuzzMay 13, 2022

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