# 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.

- Type: New facility
- Announced: 2021-11-22
- Where: Medchal Malkajgiri district, Hyderabad, India
- Value: $67.0M (5.00B INR)
- Jobs: 1,000
- Status: under construction
- Capacity: first phase of 30,000 square meters on 23.45 acres
- Products: super critical components, precision forgings, sheet metal fabrications
- 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)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/azad-engineering-to-set-up-its-3rd-manufacturing-plant-to-invest-over-rs-500-cr/articleshow/87852644.cms), 2021-11-22: "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."

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