Gear Boxes in India

Business

Skanda Aerospace to invest Rs. 250 crores in Hyderabad

Hyderabad (Telangana): Skanda Aerospace Technology Private Limited (SATPL) plans to invest Rs. 250 crores to set up a facility at Hyderabad. SATPL is the joint venture between Raghu Vamsi Machine Tools (RMVT) and Rave Gears, LLC, Texas USA and their production facility becomes the first private company having capability to manufacture Helicopter Gears and Gear Boxes in India. The joint…