Hyderabad: SKM Technologies opens new facility at Aerospace Park

Hyderabad: SKM Technologies Pvt Ltd, industry partner of  Defence Research and Development Organisation (DRDO) which is involved in manufacturing of aerospace and defence components inaugurated its state-of-the-art 70,000 sft advanced facility at Aerospace Park in Adibatla on Thursday.
SKM Technologies Pvt. Ltd is a leading world class manufacturer of high precision components and assemblies for some of the reputed companies in India and abroad such as Rafael, Pratt & Whitney, Dedienne Aerospace, Dassault Aviation, Magellan Aerospace Corporation, Nuclear Fuel Complex, Hindustan Aeronautics Ltd (HAL), DRDO, Bharat Dynamics Limited (BDL) among others.
Chairman DRDO, G. Satheesh Reddy seen inspecting Aerospace, Defence components of SKM Technologies Pvt Ltd.
Addressing the inaugural function, Dr G Satheesh Reddy, Chairman DRDO said that there is a huge opportunity for private industries in defence sector. He emphasized that private industry can access government test systems and facilities as well as for strengthening Indian defence industries. DRDO has facilitated access to more than 1000 patents with nil royalty.
“Defence export has huge potential for our country and in the coming years, will set new benchmarks and boost the resolve of Make in India and Make for the World,” Dr Reddy said.
The government of India has released a positive indigenization list and has imposed bans on import of several defence items to support indigenous developments.
Inside the newly inaugurated SKM Technology’s facility at Aerospace Park, Adibatla India is now trying to shift its status from being one of the largest importers of defence products to one of the top exporters of defence items.