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Investments in the aerospace and defence sectors
In the last two year's of chandra babu's tenure, he is able attract or mobilise some of the big ticket investments in the aerospace and defence sectors. Through this ,aims to attract investments worth ₹20,000 crore and create 5,000 jobs in the sector by 2020.
Major clusters and parks:
1. Aerospace and Defence Park (on PPP basis) in Anantapur and Chittoor/Nellore districts.
2. World-class Maintenance, Repair and Overhaul (MRO) facility as a part of proposed Bhogapuram Aerotropolis near Visakhapatnam.
3. Air Cargo complex near Visakhapatnam
4. Aerospace and Defence industrial park in Palasamudram, Anantapur.
Existing projects:
1. DRDO
2. GMR
Upcoming projects in the state:
1. Essel Infra
2. Vittal Innovation City
3. Menzies Aviation
2. World-class Maintenance, Repair and Overhaul (MRO) facility as a part of proposed Bhogapuram Aerotropolis near Visakhapatnam.
3. Air Cargo complex near Visakhapatnam
4. Aerospace and Defence industrial park in Palasamudram, Anantapur.
Existing projects:
1. DRDO
2. GMR
Upcoming projects in the state:
1. Essel Infra
2. Vittal Innovation City
3. Menzies Aviation
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