Hyderabad, Aug 2: Leading Aerospace Company in Hyderabad Raghu Vamsi bagged a contract from Boeing to manufacture and supply precision components.

Raghu Vamsi is setting up a facility dedicated to Boeing’s requirements in Adibatla, on the outskirts of the city that will employ more than 300 people over the next three years, the company said in a release here on Monday.

The manufacturing work will lead to the availability of a pool of skilled workforce in support of the growing aerospace and defense industry in Telangana.

The contract is a testimony to our precision manufacturing, consistent delivery, and first-time quality,” said Mr. Vamsi Vikas Ganesula, Managing Director, Raghu Vamsi.

“This is an important step in our commitment to the Government of India’s Aatmanirbhar Bharat vision.

As a company with over seven decades of presence in India, Boeing is focused on supporting the development of aerospace and defense capabilities in India,” said Ashwani Bhargava, Director, Supply Chain Management, Boeing India.

For over a decade, Raghu Vamsi has been dedicated to manufacturing and supplying high-end and high-quality precision parts to the Aerospace and Defence (A and D) Industry in India and abroad.

The Company has several strategic partnerships with world-class companies for its technological advances and business growth.

It has been a significant contributor to the developing A and D ecosystem in Telangana and is poised to grow as India becomes a major global aerospace market. (UNI)