GMR Group, will set up an aerospace and defense manufacturing hub in Hosur, to promote production of defense equipment in the region.
The project is a joint venture between GMR Group and Tamil Nadu Industrial Development corporation (TIDCO). Under the project, approx 600 acres of prime industrial land has been made available for immediate occupation.
Further, BVN Rao GMR Group, Business Chairman-Transportation and Urban Infrastructure stated, “The hub can potentially be a game changer for the region. We will be providing all the necessary infrastructure facilities to attract global majors to set up their manufacturing facilities here.”