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MEIL's subsidiary Drillmec SpA to invest USD 200 million for manufacturing oil rigs, ancillary equipment in Telangana

Drillmec has entered into a memorandum of understanding (MoU) with the Department of Industries and Commerce, Government of Telangana, for the establishment of Drillmec International Hub for manufacturing oil rigs and ancillary equipment in Telangana.
United States Andhra Pradesh Emilia Romagna Uma Maheshwar Reddy Simone Trevisani Rama Rao

Drillmec SpA to set up manufacturing hub in Hyderabad

Drillmec SpA, a subsidiary of Hyderabad based Megha Engineering and Infrastructures Limited (MEIL) group has announced the setting up of its global manufacturing hub in Hyderabad. Drillmec SpA, an oil-drilling rigs manufacturing company, has proposed to invest over $200 million in the upcoming facility. The hub would include manufacturing, R&D, and a centre of excellence to
Andhra Pradesh United States Emilia Romagna Simone Trevisani Telangana Department Drillmec Spa

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