Raghu Vamsi Aerospace Group laid the foundation stone for a new state-of-the-art facility in Hyderabad, with an investment of Rs. 300 crore. The facility will span 200,000 square feet across three buildings, dedicated to R&D, assembly, and manufacturing, and is expected to add 1,200 jobs over three years.
Hyderabad-based Raghu Vamsi Group has acquired British precision machining firm PMC Group from Pressure Technologies for an initial enterprise value of £6.2 million. PMC Group specializes in components for the oil and gas industry.
Aerospace firm Raghu Vamsi secured a contract to manufacture and supply precision components to Boeing and is setting up a facility in Adibatla, near Hyderabad, with an initial investment of $15 million, expected to be inaugurated next month and employ 300 people in three years.
Raghu Vamsi won a contract with Boeing to manufacture and supply precision components, and announced a $15 million facility in Adibatla, Hyderabad dedicated to Boeing's requirements. The unit will employ over 300 people over three years.
| Site | Largest | Latest |
|---|---|---|
| Hyderabad, India | $36.0M | 2024-11-23 |