Summary:
Speaking at a round-table discussion organised by Indo-American Chamber of Commerce (IACC) here on Friday, Praveen said aerospace, defence, IT and pharma sectors were the thrust areas for the State government. Aerospace and defence companies are looking at Hyderabad to set up their manufacturing base,” he added. According to Shrikant Badiga, Chairman, IACC, Andhra Pradesh and Telangana, aerospace and defence sector play a significant role and to accelerate the economy more industries need to come up. “Hyderabad has good potential and the GMR Aerospace and Industrial Park is complimenting the growth of the sector for India. Most international companies are looking at Hyderabad as a potential hub for setting up industries,” he said..