Azad Engineering to build third plant near Hyderabad with Rs 500 crore investment

Azad Engineering has begun setting up its third manufacturing facility in Medchal Malkajgiri district near Hyderabad, investing over Rs 500 crore over three years to make critical components for aviation and power generation. The foundation stone was laid on November 22, 2021, and about 1,000 jobs are expected.

“Azad Engineering, a Hyderabad-based company, on Monday announced that it is in the process of setting up its third manufacturing facility near here at a cost of over Rs 500 crore.”timesofindia.indiatimes.com

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• timesofindia.indiatimes.comAzad Engineering to set up its 3rd manufacturing plant, to invest over Rs 500 cr - Times of IndiaNov 22, 2021

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