Hyderabad, March 10 -- Hyderabad has attracted the first aerospace sector investment from Canada.

The Toronto-headquartered aerospace corporation, Firan Technology Group (FTG) has selected Hyderabad to establish their India manufacturing facility.

Their initial 28,000 sq ft manufacturing unit will be set up in the GMR Aerospace SEZ, adjacent to the Hyderabad International Airport. The company will have an option of expansion of 200% in future.

"The negotiations and discussions with the FTG began in 2023, followed with a few site visits and stakeholders meetings before the project was finalised last week," says P A Praveen, the Director, Aerospace and Defence, Government of Telangana.

Discussions are underway with other Canadian aerosp...