MTAR Technologies to develop SEZ in Adibatla at Rs 200 crore

21 Dec 2021 CW Team

MTAR Technologies, a Hyderabad-based machine industry company, plans to set up a Special Economic Zone (SEZ) with an export-oriented facility in Adibatla, Hyderabad, with an investment of Rs 150-200 crore.

At present, the company has seven strategically-based manufacturing units, with one export-oriented unit in Hyderabad. It has manufactured critical components and assemblies like liquid propulsion engines, components and assemblies for cryogenic engines, turbo pumps, gas generators and injector heads for engines and electro-pneumatic modules to serve space launch vehicles.

Managing Director of MTAR Technologies, P Srinivas Reddy, told the media that the company is searching for suitable land and specific facilities to set up an export-oriented unit in SEZ. The company is looking for land near the existing SEZ in Adibatla to benefit from the ecosystem.

He said that the company plans to establish dedicated sheet metal and specialized fabrication facilities in Adibatla. It has constructed a manufacturing facility in a 9.6 acres facility and plans to set up a unit for specialized fabrication.

The sheet metal facility is expected to be completed by January 2022 and specialized fabrication by June 2022. These facilities will enable the company to grow its customer base by adding more multinational corporation (MNC) customers. The company is investing around Rs 30-40 crore in the clean energy sector.

With the new capacities, it can expand its wallet share with the existing customers in nuclear power, space and defense, and clean energy to meet the demand for new customers in these sectors.

Reddy said that the existing facilities operate in aerospace, defense and clean energy. However, it wants to become an integrated company in electronics and mechanical systems.

Image Source

Infrastructure Transport

09 Jan 2026

India Becomes First to Produce Bio-Bitumen for Roads

India has become the first country in the world to commercially produce bio-bitumen for use in road construction, according to Road, Transport and Highways Minister Nitin Gadkari. Bitumen, a black and viscous hydrocarbon derived from crude oil, is a key binding material in road building, and the bio-based alternative is expected to significantly improve the sector’s environmental footprint.Addressing the CSIR Technology Transfer Ceremony in New Delhi, Mr Gadkari congratulated Council of Scientific and Industrial Research on achieving the milestone, noting that the initiative would help curb ..

HILT Policy Seen Boosting Telangana Revenue Sharply

The Hyderabad Industrial Land Transformation (HILT) Policy is expected to generate around Rs 1.08 billion in revenue for the Telangana state exchequer, according to Deputy Chief Minister Bhatti Vikramarka Mallu. Speaking in the Telangana Legislative Assembly, he said the policy would be implemented within a six-month timeframe in a transparent manner, with uniform rules applicable to all stakeholders. Mr Vikramarka noted that without the HILT Policy, the state would have earned only about Rs 1.2 million per acre. Under the new framework, however, revenue is projected to rise sharply to Rs 70 ..

India Post, MoRD Tie Up to Boost Rural Inclusion

The Department of Posts and the Ministry of Rural Development have signed a Memorandum of Understanding to accelerate rural transformation and expand financial, digital and logistics services for Self-Help Groups (SHGs) and rural households across India. The agreement was signed in the presence of Union Minister of Communications and Development of North Eastern Region Jyotiraditya M. Scindia and Union Minister of Rural Development and Agriculture and Farmers’ Welfare Shivraj Singh Chouhan. The collaboration aligns with the government’s “Dak Sewa, Jan Sewa” vision and seeks to repositi..