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Telangana govt MoU with Safran Electrical and Power SAS

Press Trust of India  |  Hyderabad 

The government today entered into an MoU with Electrical and Power for setting up an aerospace unit in the state.

Philippe Petitcolin, CEO, and Jayesh Ranjan, (industries) of the signed the MoU at an event in Delhi, a release said here.

Under the agreement, Electrical and Power India would set up a unit in the state at a cost of Rs 52 crore, it said.

The project is expected to create more than 250 employment opportunities, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 10 2018. 23:05 IST