TS bags Rs 1,500 crore Drillmec investment
The project is estimated to create direct employment to 2,500 people and indirect employment to several thousand within a year
Source: deccanchronicle.com
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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
Source: deccanherald.com