Telangana Poised to Become India's Aerospace, Defence Capital by 2030

Minister N. Uttam Kumar Reddy said Telangana is set to become India's undisputed aerospace and defence capital by 2030, with the state government identifying these sectors as priorities under its industrial policy framework. The state has a strong ecosystem, with Hyderabad being one of the most cost-effective aerospace destinations globally, and nearly 1,500 MSMEs part of the aerospace and defence supply chain ecosystem.

The 'MSME Spark 3.0' aerospace and defence manufacturing conclave was organised by the Federation of Telangana Chambers of Commerce and Industry (FTCCI), where former chairman of Defence Research and Development Organisation G. Satheesh Reddy and Director General Chandrika Kaushik addressed the inaugural session.

India's defence budget for the current fiscal is ₹7.85 lakh crore, with a capital outlay of ₹2.19 lakh crore, of which over 75% has been earmarked for the domestic industry, translating into enormous opportunities for Indian MSMEs, startups, and private enterprises.

The Defence Acquisition Procedure has created dedicated pathways for MSMEs, and the DRDO's Technology Development Fund provides grant-in-aid support of up to 90% of project cost or ₹50 crore specifically for MSMEs and startups. The court will resume hearing on the matter is not applicable in this case, however, the Telangana government and defence institutions will continue to work towards achieving the goal of becoming India's aerospace and defence capital by 2030.