# Azad Engineering to invest $80 million in new Hyderabad facility

Azad Engineering will invest $80 million to build a second manufacturing facility in Shamirpet, Hyderabad, creating 1,500 jobs and expanding capacity for aerospace and energy components.

- Type: Expansion
- Announced: 2021-06-14
- Where: Shamirpet, Hyderabad, India
- Value: $80.0M
- Jobs: 1,500
- Status: announced
- Products: precision-engineered rotating components for turbines (aerospace, land-based, space)
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Azad Engineering](https://endata.com/companies/8615.md)
- [DMI Management](https://endata.com/companies/55807.md) (investor)

## Sources

- [telanganatoday.com](https://telanganatoday.com/azad-engineering-to-invest-80-million-in-hyderabad-plant), 2021-06-14: "The new facility will take care of the ramp-up."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.