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Industries and IT Minister KT Rama Rao disclosed that Telangana is planning to establish a world-class aerospace university in partnership with the industry and global universities. Speaking at the curtain raiser event for Wings India 2020 on New Delhi today, the Minister also announced that efforts were on to make Warangal airport functional to help boost transport.
Wings India 2020 is an international exhibition and conference on civil aviation sector slated to be held in Hyderabad in March. Global Aviation Summit, which used to be hosted in Mumbai, is also being organised in Hyderabad this year, the Minister said.
During his speech, KT Rama Rao underlined the phenomenal growth of Telangana on all parameters and said the State had emerged as the most exciting and well-supported Aviation and Aerospace ecosystem in India. Dwelling at length on the rapid progress achieved by Telangana in various fields, especially those connected to fields of aviation, drones, aerospace and defence.
He said Telangana achieved a stupendous 14.9 per ent GSDP growth in 2018-19 and the State stood at the top on World Bank’s Ease of Doing Business rankings two years in a row. Telangana’s industrial policy TS i-Pass was rated as the best in the country and the cosmopolitan city offered the best infrastructure and pleasant weather almost throughout the year.
Giving an overview of the initiatives that helped the State carve itself a niche, Rama Rao pointed out that Aviation and Aerospace was a thrust sector for Telangana. During the last edition of Wings 2018, Telangana won the Best State Award for the State with the most progressive outlook in the Sector. He reminded the participants that Telangana was one among the first States slash the VAT on ATF from 16% to 1% setting an example for other States.