# 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.

- Type: New facility
- Announced: 2022-05-13
- Where: Hyderabad, Adibatla, India
- Value: $32.5M (2.50B INR)
- Jobs: 1,000
- Starts operating: Jan 2023
- Status: announced
- Products: helicopter gears, helicopter gearboxes
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Skanda Aerospace Technology](https://endata.com/companies/62847.md)
- [Rave Gears](https://endata.com/companies/31262.md) (partner)
- [Raghu Vamsi Machine Tools](https://endata.com/companies/44102.md) (partner)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/city/hyderabad/rave-rvmt-jv-to-make-chopper-gears/articleshow/91527631.cms), 2022-05-12: "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"
- [thehansindia.com](https://www.thehansindia.com/business/skanda-aerospace-to-set-up-unit-in-hyd-with-rs-250-cr-742505), 2022-05-13: "SATPL is the joint venture between Raghu Vamsi Machine Tools (RMVT) and Rave Gears, LLC, Texas USA and their production facility becomes 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.