Business

Aerospace Co to set up 15 mn dollars unit for Boeing

Raghu Vamsi, a city-based aerospace components maker which has won a contract from Boeing to manufacture and supply precision components, is setting up a dedicated facility for the purpose with an investment outlay of $15 million.

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Bengaluru

The facility will employ over 300 people in the next three years, a release said. “This is a significant milestone not just for Raghu Vamsi, but for Telangana. The contract is a testimony to our precision manufacturing, consistent delivery, and first-time quality,” Vamsi Vikas Ganesula, MD, Vamsi said.

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