Hyderabad: Spanish aerospace major ITP Aero on Tuesday broke ground for its new manufacturing facility in Hyderabad to produce commercial aviation engine components, including fabrications and machined parts.The new facility, which is expected to be fully operational in 2027, will create more than 350 skilled jobs over the next five years and add to the 250 manufacturing jobs ITP Aero already supports in Hyderabad, where it has been operating for 15 years.Welcoming the investment, Telangana industries minister D Sridhar Babu said the project would boost the state’s aerospace manufacturing ecosystem, attract advanced manufacturing and support local capability building.
