# Skanda Aerospace Technology opens aerospace gear manufacturing facility in Hyderabad

Skanda Aerospace Technology, a collaborative effort of Raghu Vamsi Machine Tools and U.S. firm Rave Gears, inaugurated an aerospace gear and gear boxes manufacturing facility in Hyderabad. The first phase investment is ₹75 crore, with plans to invest an additional ₹150 crore over two to three years. Employment is projected to increase from 150 to 1,000 over three years.

- Type: New facility
- Announced: 2023-09-19
- Where: Hyderabad, India, India
- Value: $9.00M (750.0M INR)
- Jobs: 1,000
- Starts operating: 19 Sep 2023
- Status: completed
- Products: aerospace gears, gear boxes
- 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

- [thehindu.com](https://www.thehindu.com/news/cities/Hyderabad/aerospace-gear-manufacturing-facility-opened-in-hyderabad/article67322162.ece), 2023-09-19: "Hyderabad-based Skanda Aerospace Technology has established an aerospace gear and gear boxes manufacturing facility here for catering to the defence and commercial aviation sectors."

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