Azad Engineering Opens New Manufacturing Facility in Hyderabad to Boost Global Supply Chain
Azad Engineering inaugurates 7,600 sqm manufacturing facility in Hyderabad
The Economic TimesImage: The Economic Times
Azad Engineering inaugurated a 7,600 square meter manufacturing facility in Tunikibollaram, Hyderabad, aimed at enhancing the global supply chain for Baker Hughes. This expansion marks the company's fourth dedicated facility, reinforcing its capacity to meet rising demand in aerospace, defense, and energy sectors.
- 01The new facility spans 7,600 square meters and is integrated with Azad's existing infrastructure.
- 02This is Azad Engineering's fourth dedicated facility, reflecting aggressive capacity expansion.
- 03The partnership with Baker Hughes has evolved over eight years, focusing on critical components for energy technology.
- 04Telangana's precision engineering sector has seen a 30% annual growth and a 103% surge in exports last year.
- 05The facility aims to position Telangana as a Global Centre for Engineering Innovation.
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Azad Engineering, a precision engineering firm, inaugurated a 7,600 square meter manufacturing facility at its Centre of Excellence in Tunikibollaram, Hyderabad, on Thursday. This facility is designed to enhance the global supply chain for Baker Hughes, a major player in energy technology. It is fully integrated with Azad's existing infrastructure and represents the company's fourth dedicated facility, underscoring its commitment to expanding capacity in response to increasing demand across various sectors, including aerospace, defense, and oil and gas. Rakesh Chopdar, Chairman and CEO of Azad Engineering, emphasized that this facility is part of a strategic plan to build world-class manufacturing capabilities tailored for Baker Hughes. The partnership, which began eight years ago, has significantly deepened over time, with Azad supplying critical components for gas and steam turbines. The Telangana region has experienced a remarkable 30% year-on-year growth in precision engineering, with exports increasing by 103% last year, supported by a robust ecosystem of over 1,500 micro, small, and medium enterprises (MSMEs) and investments from global original equipment manufacturers (OEMs) like Lockheed Martin and Boeing. Telangana's Minister for Industries and IT, D Sridhar Babu, highlighted the vision of establishing the state as a Global Centre for Engineering Innovation, with this partnership serving as a model for future collaborations.
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The new facility will create job opportunities and bolster local businesses in the precision engineering sector, contributing to economic growth in Telangana.
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