Dubai firm to invest Rs 250cr in Andhra

Emirates Techno Castings (ETC), a Dubai-based manufacturing company of steel castings and cathodic protection equipment, is set to invest Rs 250 crore over the next three years in Andhra Pradesh.

The company's managing director, Faizal E Kottikollon, stated that the investment would be directed towards high-end heavy engineering sector.

The company was looking for an industrial base in the special economic zone in the state.