Hyderabad ITP Aero has marked a major milestone in its India growth strategy with the groundbreaking of a new manufacturing facility in Hyderabad. The site, expected to be fully operational by 2027, will significantly expand the company’s footprint in the country and generate more than 350 skilled jobs over the next five years.
The new facility will focus on the production of commercial aviation engine components, including fabricated and machined parts. This expansion is aimed at supporting rising global demand in the civil aerospace sector while strengthening ITP Aero’s role in international supply chains.
With the addition of more than 350 new roles, the company’s workforce in Hyderabad will grow significantly, adding to its existing base of 250 manufacturing employees. The expansion is expected to contribute to regional economic development and further position Hyderabad as a key hub for aerospace manufacturing.
“ITP Aero’s expansion reinforces Hyderabad’s position as a global aerospace destination. This new facility will create high-quality jobs, strengthen our industrial ecosystem, and further integrate Telangana into global supply chains.”
The announcement comes amid strong global performance for ITP Aero. In 2025, the company reported revenues of €1.88 billion, a 17% increase year-on-year, with EBITDA rising 28% to €379 million. Looking ahead, ITP Aero has committed €1.2 billion in research, development, and capital expenditure through 2030 to support continued expansion across its global operations.
With this latest investment, ITP Aero is poised to play an even greater role in advancing India’s position in the global aerospace value chain while driving innovation, employment, and industrial growth in the region.Thursday, May 07, 2026
