Hyderabad, May 9 -- Hailing India's defence sector transformation, Telangana Minister of Irrigation and Civil Supplies, Uttam Kumar Reddy, said it has positioned Hyderabad as the undisputed nerve centre of the country's aerospace and defence ecosystem.
The sector in Telangana, Reddy said, is witnessing over 30 per cent annual growth, with exports registering a staggering 103 per cent compound annual growth rate (CAGR) between 2024 and 2026.
Over 1,500 MSMEs are already active in the state's aerospace and defence supply chain. The minister made the remarks while delivering the keynote address at MSME SPARK 3.0.
Reddy attributed the growth to the early Congress governments, which focused on building a strong defence industry. The continu...
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