The victory of the Raghu Vamsi Aerospace Group sounds off with the mega-investment plan of INR 110 cr at the initial level.
The need for more system-oriented and multiskilled talent which is addressed in aerospace and aviation manufacturing is going to be fulfilled by the Raghu Vamsi Group. Raghu Vamsi’s victory is a testimonial to the Atmanirbhar Aviation technology which is attributed to its high precision engineering and manufacturing potential.
Hyderabad based Aerospace and Aviation components manufacturer Raghu Vamsi Aerospace Group won Boeing’s contract of supply of high precision engineering components for the technology. The company is setting up a separate unit that will be solely dedicated to Boeing’s needs at Adibatla, Hyderabad. Raghu Vamsi’s victory will generate employment opportunities for more than 300 people in the next three years.
Raghu Vamsi is a leading Company indulged in the manufacturing of High Precision Engineering Components, Mechanical Sub-Assemblies and tooling systems for Aerospace, Defence, Oil & Gas Power Transmission Sectors. Delivering high quality machined parts to Global OEM’s, is now aiding the indigenous Aerospace Sector to become self-reliant in the global market.
With 25 % year and year growth in the last years, the company is spread through four manufacturing units across Hyderabad and joint ventures with international companies and is focusing on multiple technologies of CNC manufacturing.
Besides Boeing, there are also some other joint ventures in the areas including Lockheed Martin, GE Aviation, Safran, Aircraft Engines, Sikorsky and Kalyani and Rafael Advanced Systems
Building the legacy in Aviation technology, Boeing is one of the greatest stakeholders of commercial aeroplanes, defence, aerospace and security systems. “It is a vital step in our commitment to India’s Atmanirbhar Bharat Mission,” said Ashwani Bhargava. Director, Supply Chain Management, Boeing India
Raghu Vamsi is the second company from Hyderabad in recent weeks to announce a contract from Boeing to manufacturing and supply the crucial aviation components. Preceding this victory, Azad Engineering, with a similar announcement, disclosed the projects of delivering hydraulic and mechanical fittings to Boeing from the initial quarter of 2022.
These developments are also the hallmark of Telangana’s active participation in the manufacturing excellence of the Aerospace and defence sector of India. This will lead to the emergence of Hyderabad as a robust supplier of high-quality resources to the Aerospace Defence Manufacturing Hub.
Exposing the skilled workforce to the Aerospace industry
By employing over 300 people, Raghu Vamsi Aerospace Group is ready to set a benchmark of an interdisciplinary and supportive approach to derive, evolve and verify a skilled workforce adhering to the requirements of the modern aerospace manufacturing sector.
The massive changes are on the horizon in the aerospace and aviation industry with more volatile and dynamic potential to think and imagine the future aerospace industry. There is an upsurge in the demand for a workforce in Aerospace and defence manufacturing which can decompose and deploy a complex system in a well ordered and disciplined manner. According to a report, India needs 1, 00,000 fresh talent in the Aerospace Industry every year.
This investment triumph will be able to provide a skilled workforce with exposure to aerospace and defence manufacturing sectors. This is a sound example of creating a strategy for the future technical workforce in aerospace and defence manufacturing. This is a starting point to have a holistic mindset about the evolution of the physical ecosystem for the aerospace workforce. Moreover, this will instil innovation and prepare the workforce to work in the future global aerospace manufacturing and supply of state-of-art engineering talent in the aerospace industry.
This is going to scale proper exposure to aerospace-related technologies include ubiquitous, cloud, ultra-high bandwidth networks and autonomous robotics
This will enable the rising Atmanirbhar Bharat to procure a workforce that will be able to transmute a set of constraints to a well-defined system. India will be equipped with the capability of ardent deployment of talent in Aerospace Manufacturing.
