At the 31st CII Partnership Summit in Visakhapatnam on 12-13 November 2026, the Andhra Pradesh Economic Development Board signed 9 MoUs covering rocket engines and test beds, satellites, rockets, dynamites, aerospace production, flight training and heliports. 8 of them propose financial investments amounting to Rs 4,100 crore and 6,865 direct tasks on about 1,472 acres in Sri Sathya Sai, Tirupati, Nellore and Visakhapatnam. The ninth is a five-year tactical collaboration with Pawan Hans to establish and run heliports throughout the State.
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MoUs throughout rockets, satellites
Visakhapatnam: Engines in Sri Sathya Sai, satellites in Vizag, rockets in Nellore-Andhra Pradesh has actually set out a space-and-defence map to charm financiers with curated rewards.
At the 31st CII Partnership Summit in Visakhapatnam on 12-13 November 2026, the Andhra Pradesh Economic Development Board signed 9 MoUs covering rocket engines and test beds, satellites, rockets, dynamites, aerospace production, flight training and heliports. 8 of them propose financial investments amounting to Rs 4,100 crore and 6,865 direct tasks on about 1,472 acres in Sri Sathya Sai, Tirupati, Nellore and Visakhapatnam. The ninth is a five-year tactical collaboration with Pawan Hans to establish and run heliports throughout the State.
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They range from rocket-engine test beds in Sri Sathya Sai district to a satellite lab in the host city and a rocket and energetics cluster in Nellore.
In Sri Sathya Sai district, on the Hyderabad-Bengaluru passage, Astrobase Space Technologies proposes to invest Rs 800 crore to broaden its business rocket-engine test center at Thimmasamudram. The growth includes phase screening and reusability recognition, with 500 direct tasks by December 2030 on 339 acres. Bellatrix Aerospace, whose MoU was signed by CEO Rohan M Ganapathy on 13 November, prepares an Advanced Programs Centre at Lepakshi for satellites and propulsion, worth Rs 550 crore with 565 tasks. Vision Aeroglobal Enterprises, led by Group Chairman Mukesh G Gupta, proposes VISION JATAYU, a Rs 500 crore aerospace production job at Konduru that is anticipated to utilize 2,000 individuals by October 2028. Close By, Knots Aerospace prepares the Ascendia Flight Training Organization, a Rs 100-crore job with 100 tasks.
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Tirupati district, near Sriharikota and the State’s proposed Space City, is where Hathor Rockets will develop a rocket-engine production, screening and R&D at Routhusuramala. The Rs 250-crore job covers liquid engines for launch cars, in-space movement and tactical defence, with 200 tasks by December 2031. In Visakhapatnam, XDLINX Space Labs, led by MD Rupesh Kumar Gandupalli, proposes a Rs 600-crore satellite advancement and production laboratory with 500 tasks on 10 acres.
2 MoUs indicate a defence cluster at Duttalur in SPSR Nellore district. IG Defence, led by Founder and CEO Bodhisattwa Sanghapriya, proposes a Rs 500-crore rocket advancement and production complex with 1,000 tasks by April 2028. SALVO Industries, led by Managing Director A Shyam Sunder Reddy, proposes Rs 800 crore for civil and defence dynamites producing with 2,000 tasks. Together they concern Rs 1,300 crore on 800 acres at one area.
The Pawan Hans MoU, led by the Andhra Pradesh Airports Development Corporation, covers task reports, advancement, and operation and upkeep of heliports throughout the State. The 4 area MoUs (Astrobase, Bellatrix, Hathor and XDLINX) overall Rs 2,200 crore and 1,765 direct tasks.
(Originally released on Nov 14, 2026)
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