Hyderabad :
In an attempt to make Hyderabad a favourite destination for global investors, Telangana chief minister K Chandrasekhar Rao has announced that an effective single-window system will be set up by his government to ease the clearance process for setting up industries.

“This system will be monitored in my office (chief minister’s office) through a special chasing cell planned as special purpose vehicle under ITIR authority. All clearances will adhere to strict timeline. Entrepreneurs need not run around multiple offices,” he assured after laying the foundation stone for Tata Advanced Systems Limited (TASL) new aerospace facility here on Monday.

The fourth aerospace facility of TASL in the city, in partnership with Switzerland’s Ruag Aviation, will manufacture fuselages and wings for Dornier 228 new-generation aircraft.

The three other facilities operational in Adibhatla Special Economic Zone (SEZ), on the outskirts of the city, are credited with producing copter cabins for 70 Sikorsky S92 cabins for US aircraft maker Sikorsky. Besides, producing empennage and centre-wing box for C-130 J aircraft in partnership with US aerospace and defence manufacturer Lockheed Martin.

“In addition to many aerospace and defence related institutes and first-of-its kind Aerospace SEZ in Adibhatla, the city is poised to become a global hub for such specialized clusters planned as part of ITIR,” he added.

Further, he said, a comprehensive industrial policy was being worked out. “In another month and a half, one will get to know our style of functioning,” Rao said.

TASL chairman S Ramadorai said the partnership was a glowing example of co-operation between India and Europe.

Ruag vice-president Martin Buhlmann said Ruag was re-launching the lighter utility aircraft, Dornier 228, with new engines and fully-digital cockpit.

source: http://www.newindianexpress.com / The New Indian Express / Home> States> Telangana / by Express News Service / June 24th, 2014