HYDERABAD: Raghu Vamsi Group, a Hyderabad-based manufacturer of high precision, life critical products for aerospace & defence, space, oil & gas and medical sectors, is investing Rs 300 crore in setting up a new facility spread over eight acres at Hardware Park near the Hyderabad international airport.
To be spread over 2 lakh sq ft across three buildings, the integrated R&D, assembly and manufacturing facility will be equipped with dedicated manufacturing bays for 15 original equipment manufacturers (OEMs).
The facility is expected to be ready for operations by Sept 2025-end and will create around 2,000 jobs over the next three years, Vamsi Vikas, managing director, Raghu Vamsi Group said. The company currently employs over 800 people and has comprehensive in-house design and manufacturing capabilities, including CNC machining, sheet metal fabrication, welding, forging, gear manufacturing, electronics assembly, surface coatings, and product testing.
Laying the foundation stone for the facility, Telangana IT & industries minister Duddilla Sridhar Babu said the facility will create around 1200 direct jobs over the next three years.
Raghu Vamsi Group, which has beefed up its manufacturing capabilities through strategic partnerships and joint ventures with global industry giants such as ITP Aero of Spain, Rave Gears of US, Adani Defence, and Part East Robotics, said it will now be able to specialise in three core verticals thanks to its ongoing expansion.
These include high precision contract manufacturing, which includes manufacturing of precision parts and assemblies, including aero-engine subassemblies, fuel nozzles, valve actuators, and landing gears for leading aerospace, defence, oil & gas, and medical OEMs such as Boeing, Eaton, Haliburton, GE Healthcare, Collins Aerospace, and others.
It will also enable it to build to specification critical sub-assemblies such as rocket motor casings, thrust vector controls, and air bottles for Indian government agencies like DRDO, ISRO, HAL, and BDL.
The company will also be able to manufacture advanced deep technology products such as loitering munitions, unmanned guided vehicles, micro turbojet engines for missiles and UAVs, and target simulators for the Indian defence forces.
The Hyderabad-based company has already established itself as a key supplier of critical components for engines that power aircraft such as Airbus A320 and Boeing 737 MAX and also partners with global aerospace giants such as GE Aerospace, Rolls-Royce, Pratt & Whitney, Safran, and Honeywell through the supply of precision-engineered components.
The company, which has been growing at a CAGR of 35%, has an order book of over Rs 2000 crore and recently acquired UK-based PMC Group to boost its presence in the oil & gas sector.