The Andhra Pradesh government has been taking bold measures to provide an enabling ecosystem for a robust aerospace and defence sector in the State, said Finance Minister Yanamala Ramakrishndu. <\/p>\n
Mr. Ramakrishnudu was addressing the Global CEOs conclave being organised by the State government in Aero India at the Air Force Station at Yalahanka near Bengaluru on Tuesday. <\/p>\n
Aerospace and defence were among the very few high-value industries which were built on the combination of cutting edge technology and highly skilled professionals. The AP government was working towards establishing aerospace and defence parks in Anantapur, Chitoor and Nellore districts. <\/p>\n
Ideal innovation location <\/p>\n
The running and maintaining is done by an Special Purpose Vehicle (SPV). These A&D parks would provide an ideal innovation location by integrating manufacturing centres with cutting edge research and development in hardware and embedded technologies, he said. <\/p>\n
There were six operational ports with an aggregate capacity of 250 MMT. Further, seven ports were being planned. These ports would prove to be a huge enabler for aerospace and defence by opening up export markets to South East Asia. Furthermore, these ports would form a critical subset of the Sagarmala project paving the way for seamless domestic shipping. <\/p>\n
The creation of Mega Aertropolis at Bhogapuram was not merely an expansion of the Visakhapatnam airport but entails the creation of state-of-the-art Maintenance-Repair-Overhaul (MRO) centre, he said. <\/p>\n
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State promoting aerospace, defence sectors: Yanamala - The Hindu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Andhra Pradesh government has been taking bold measures to provide an enabling ecosystem for a robust aerospace and defence sector in the State, said Finance Minister Yanamala Ramakrishndu. Mr. Ramakrishnudu was addressing the Global CEOs conclave being organised by the State government in Aero India at the Air Force Station at Yalahanka near Bengaluru on Tuesday Continue reading