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Drillmec SpA, a subsidiary of MEIL, signed an MoU with the Government of Telangana to establish a global manufacturing hub in Hyderabad for oil-drilling rigs and ancillary equipment, with an investment of over USD 200 million and expected to create 2,500 jobs.
“We will ensure that this manufacturing hub creates an employment opportunities for about 2,500 people.”prnewswire.com
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