UAE company to invest Rs 1500 cr in AP

A Mulk Holdings team lead by international chairman Nawab Shaji ul Mulk met with Chief Minister Y.S. Jagan Mohan Reddy at the camp office in Hyderabad to discuss their business plan in Andhra Pradesh.

Mulk Holdings has announced plans to build a manufacturing cluster at EMC Kopparthi in YSR district at a cost of Rs 1,500 crore, which will employ 1,000 people directly and another 2,000 indirectly.

Aluminum coils, high-performance paints for coil coating, aluminium coil coating production lines, film production lines, mineral cores production lines, aluminium composition panels, and metal composite materials production lines, according to the business.

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