The New Manufacturing Powerhouse

Hyderabad ranks among the world’s top 10 fastest-growing cities presently. Its staggering economic trajectory and year-over-year growth of around 8.5%, continues to impress experts. It attaches great importance to being one of the pacesetters in shaping industry dimensions and lends a hand to India becoming the world’s third-largest economy.

The vibrant city of Hyderabad has transitioned into a business-friendly destination with booming business and industrial hubs thanks to its strategic location, supportive Government policies, skilled workforce, and robust infrastructure. The city is attracting major investments in various manufacturing sectors, which include aerospace, defence, auto components, and advanced technologies like Artificial Intelligence (AI) and Industry 4.0. It is also aiming to become the ‘AI capital’ of India, amidst a facelift in infrastructure and a booming healthcare industry and is on its way to becoming a hub for BFSI (banking, financial services, and insurance) and an auto-centric city.

Connecting the World
Centrally located, the city offers easy access to major markets in India and around the world. Hyderabad’s transportation infrastructure includes a well-connected rail and road network as well as efficient public transit choices, with Rajiv Gandhi International Airport (RGIA) acting as the city’s principal gateway for air connections. To build on this advantageous location, the Telangana Government has invested significantly in developing state-of-the-art industrial parks and special economic zones (SEZs). For instance, the Hyderabad Pharma City, Aerospace SEZ, and Information Technology Investment Region (ITIR) provide world-class infrastructure and facilities to manufacturing companies.

Investing in a Reformation
With proactive measures to create a conducive business environment, the Government ensures a hassle-free and transparent process for setting up industries. This is evident in initiatives such as the Telangana State Industrial Project Approval and Self-Certification System (TS-iPASS), which in turn significantly boosts investor confidence. The State Government is launching Hyderabad Pharma City, an innovative smart ecosystem set to establish new global standards for sustainable industrial cities. Covering an expansive 19,000 acres, this ambitious project is anticipated to bring in INR 64,000 crore (USD 993.02 million) in investments. Furthermore, a proposed elevated corridor in Hyderabad is expected to have a substantial influence on real estate development in the city, primarily helping the entrepreneurial environment.

Hyderabad’s Talent Pipeline
The amalgamation of education, skills, and ideas is vital for a country’s development. Hyderabad has developed numerous educational and research institutions to support the growth of a skilled workforce. Complementing its strategic location and Government investments in industrial parks and SEZs, these educational advancements further improve the city’s appeal as a manufacturing and business hub. The Indian School of Business (ISB), the Indian Institute of Technology (IIT), and several engineering colleges ensure a steady supply of qualified professionals. Companies looking to set up manufacturing operations within the city significantly benefit from the vast pool of skilled workers available.

The Backbone of a Revolution
To further enunciate the notion that Hyderabad is gaining prominence as a manufacturing hub, the emergence of several startups and the rapid growth of existing companies are setting new standards in the manufacturing world. Home to several prominent companies, some notable examples include:

Bharat Forge Ltd: The company’s facility rolls out high-quality auto components that drive the auto industry globally, making the city a crucial node in its network.
Tata Boeing Aerospace Ltd (TBAL): A 2015 joint venture between Boeing and Tata Advanced Systems Ltd (TASL), runs a 14,000 sq mt facility in Hyderabad. This plant manufactures key parts for Boeing’s AH-64 Apache helicopter, like fuselages and vertical spar boxes, for global customers. As a result, Boeing is adding a new production line in Hyderabad to make complex vertical fin structures for the 737 planes.
Cyient Ltd: Headquartered in Hyderabad, this tech powerhouse uses AI and Industry 4.0 to manufacture engineering solutions that serve aerospace, defence, automotive, and industrial sectors.
HBL Power Systems: The company powers the future with advanced batteries and electronic systems tailored for defence and industrial use, proving that Hyderabad’s influence extends well beyond its borders.
ZIEHL-ABEGG India Pvt Ltd: It is at the forefront of Industry 4.0, with its innovative solutions in ventilation, control, and drive technology.
MTAR Technologies: It manufactures critical components that are required for the aerospace and defence industries, thus adding to the prominence of the city on the world stage.

The city is transforming into a thriving hub for manufacturing startups, positioned to surpass other states and significantly contribute to India’s industrial growth.

HIMTEX 2024 Propels Manufacturing Transformation

In the midst of this advance technologies and innovation, Hyderabad International Trade Expositions Ltd is organizing the 8th edition of its flagship manufacturing show – Hyderabad International Machine Tool & Engineering Expo – HIMTEX from August 16-19, 2024, at HITEX Exhibition Centre.

This event offers a unified platform for untapped opportunities in a myriad sectors powered by technology demonstrations, strategic sessions, and workshops, providing valuable insights and practical training for professionals across various fields. A must-attend event for technologists, engineers, business owners, procurement and finance decision-makers, process engineers, quality control experts, and individuals from allied industries.

Do not forget to register for a seamless experience at the show: https://dev.sarcon.tech/e/484/microsite/2755