Hyderabad: Hyderabad-based Raghu Vamsi has won a contract with Boeing to manufacture and supply precision components. Raghu Vamsi is setting up a facility dedicated to Boeing's requirements in Adibatla, Hyderabad that will employ more than 300 people over the next three years.

This manufacturing work will lead to the availability of a pool of skilled workforce in support of the growing aerospace and defence industry in Telangana.

"This is a significant milestone not just for Raghu Vamsi, but for the state of Telangana. The contract is a testimony to our precision manufacturing, consistent delivery, and first-time quality," said Vamsi Vikas Ganesula, Managing Director, Raghu Vamsi.

"This is an important step in our commitment to the Government of India's Aatmanirbhar Bharat vision. As a company with over seven decades of presence in India, Boeing is focused on supporting the development of aerospace and defence capabilities in India," said Ashwani Bhargava, Director, Supply Chain Management, Boeing India.

For over a decade, Raghu Vamsi has been dedicated to manufacturing and supplying high-end and high-quality precision parts to the AD industry in India and abroad. The company has several strategic partnerships with world-class companies for its technological advances and business growth. The Hyderabad-based company has been a significant contributor to the developing AD ecosystem in Telangana and is poised to grow as India becomes a major global aerospace market.

As a leading aerospace company, Raghu Vamsi manufactures highly critical parts and sub-assemblies for commercial aeroplanes, defence and space systems for international and domestic OEMs.

As one of the top Indian exporters in Aerospace Defence (AD), the company has four manufacturing units across Hyderabad and joint ventures with international companies focusing on multiple technologies of CNC Manufacturing, Sheet Metal Fabrication, Composites, Fasteners, Gears and Engineering Services. It has been supplying to international and domestic AD majors like GE Aviation, Honeywell, Rolls Royce, Collins Aerospace, Eaton, Halliburton, DRDO, BDL, HAL, ISRO and many more for the last 15 years.

Raghu Vamsi established its mark in the industry with persistent quality and delivery and has won prestigious best performing awards from many International OEMs. With more than 25% year on year growth in the last 5 years, the company is poised to be the best in the Aerospace and Defence sector.