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Tag: #Aerospace

Major Milestone for IIT Hyderabad

The Indian Institute of Technology Hyderabad (IITH) has appointed Dr. G Satheesh Reddy, former Chairman of DRDO and former Secretary, Department of Defence R&D, Government of India, as Honorary Advisor (R&D), marking a significant step in strengthening the institute’s research and innovation ecosystem.

Dr. G Satheesh Reddy is widely recognized as one of India’s most accomplished scientific leaders in Defence and Aerospace technologies. Over the years, he has played a pivotal role in advancing India’s strategic capabilities through his leadership at DRDO, his service as Scientific Adviser to the Defence Minister, and as a Member of the National Security Advisory Board (NSAB).

Welcoming the appointment, IIT Hyderabad leadership stated that Dr. Reddy’s visionary guidance and vast experience in national R&D will greatly benefit the institution. His expertise is expected to help accelerate research excellence, industry collaboration, and innovation-driven growth.

With this association, IIT Hyderabad aims to further strengthen its capabilities in strategic sectors such as Defence, Aerospace, Advanced Manufacturing, Artificial Intelligence, and Deep-tech research, while also creating new opportunities for students, faculty, startups, and industry partnerships.

Established in 2008, IIT Hyderabad has rapidly emerged as one of India’s top higher education institutions. In a short span of 17+ years, the institute has earned a strong reputation in academics, cutting-edge research, technology development, entrepreneurship, and startup incubation.

In the NIRF 2025 rankings, IITH secured 7th position among Engineering institutions and ranked 6th in Innovation, while consistently maintaining its place among the country’s top engineering institutes.

The appointment of Dr. G Satheesh Reddy is seen as another major step in IIT Hyderabad’s mission to become a globally competitive hub for education, advanced research, and transformative innovation.

Telangana Rising Global Summit Day 1 Secures Massive Investment Commitments Exceeding ₹2.5 Lakh Crore-10-December- 2024

Hyderabad: Day 1 of the Telangana Rising Global Summit witnessed extraordinary investor enthusiasm, with the state government announcing investment commitments exceeding ₹2.43 lakh crore, across sectors such as deep tech, aerospace, renewable energy, media, entertainment, and urban development. A total of 35 Memorandums of Understanding (MoUs) were signed, marking a powerful start to the event and reinforcing Telangana’s push toward its ‘Vision 2047’ economic goals.

Salman Khan Ventures Industries Announces ₹10,000 Cr Film & Entertainment Hub

In one of the most notable announcements of the day, Salman Khan Ventures Industries, owned by Bollywood actor Salman Khan, committed to investing ₹10,000 crore to develop a special township and a world-class film and television studio in Telangana.
The proposed project will feature entertainment infrastructure of international standards, further boosting the state’s growing presence in the media and creative economy.

Brookfield–Axis Ventures Consortium to Build Deep Tech Hub With ₹75,000 Cr Investment

A major global partnership between Brookfield and Axis Ventures committed ₹75,000 crore to establish a global R&D and Deep Tech hub at the upcoming “Bharat Future City”.
This project aims to position Telangana as India’s foremost destination for emerging technologies, advanced research and innovation-driven industries.

Trump Group Announces Over ₹1 Lakh Crore Commitment

The summit also saw a massive proposal from the Trump Group, announcing investments exceeding ₹1 lakh crore in media, technology, and integrated infrastructure development—strengthening the state’s international investment profile.

GMR Group Signs MoU Worth ₹15,000 Cr

Infrastructure giant GMR Group signed an MoU in the aerospace and defence sector, committing ₹15,000 crore for:

  • Cargo expansion
  • Maintenance, Repair & Overhaul (MRO) facilities
  • Aviation-related ecosystem development

This investment will enhance Hyderabad’s stature as a major aerospace and cargo hub.

Vingroup (Vietnam) to Invest $3 Billion (Approx. ₹25,000 Cr)

Vietnamese conglomerate Vingroup signed an MoU to invest $3 billion (approximately ₹25,000 crore) across:

  • Urban development
  • Electric vehicles (EVs)
  • Renewable and clean energy projects

The investment positions Telangana as a preferred destination for global EV and energy corporations.

Diverse Investment Flow Across All Sectors

According to Minister Babu, companies from Deep Tech City to textile and manufacturing units expressed strong interest in setting up facilities in Telangana.
He emphasized that the scale and diversity of the investments reflect the state’s stable industrial policy, global investor confidence, and its vision to emerge as an economic powerhouse over the next two decades.