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Aequs Group signed an MoU with Tamil Nadu government to invest Rs 4,000 crore in an aerospace and defence manufacturing complex at SIPCOT-Soolagiri Industrial Park near Hosur. The facility will manufacture aircraft engine components and is expected to begin shipments by 2028, creating about 7,000 jobs.
“This investment (Hosur plant) is predominantly focused on growing the engine side of the business.”moneycontrol.com
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